Two-way Broker Communication for Trade Notification and Reconciliation
Paladyne Tradelink™ allows firms to seamlessly communicate mission critical trade information to and from counterparties for automated trade notification and reconciliation. Built on standardized broker communication interfaces users can automate the process of sending and retrieving trade information from a single secure location. Paladyne Tradelink™ data integrates directly to Paladyne Analytics Master™, Paladyne’s exception based counterparty reconciliation application, ensuring accurate daily trading and reporting information.
Product Features
- Automate the trade and allocation notification process.
- Manage counterparty position and trade information downloads for reconciliation management.
- Create customizable matching criteria and rules for exception based reconciliation.
- Reconciliation “wizard” to easily set up reconciliation criteria, rules and severity designation.
- Retain historical reconciliation information for internal and external auditing.
- Automatically notify key personnel of trade discrepancies.
- Easily add new relationships with Paladyne’s library of communication and reconciliation adapters.
Benefits
- Automate sending and monitoring of trade and allocation information.
- Manage counterparty risk and ensure the accuracy of trading and reporting information.
- Reduce time spent managing the reconciliation process.