Euroclear have launched a new market service, SetClaim.
This service leverages Meritsoft’s core Claim Manager platform in order to facilitate Claim reconciliations between counterparties. The online service sits firmly within Euroclear’s secure technical environment and provides a centralised repository where counterparties can now lodge and acknowledge Claims.
Meritsoft have worked with Euroclear for over 18 months in order to deliver this secure portal, and as the solution leverages the Claim Manager solution, existing clients on the platform can leverage the automated connectivity between Claim Manager and SetClaim. This will enable users to track and manage all exceptions, and clients are futureproofed as the service proposition expands in subsequent phases.
Companies yet to subscribe to Claim Manager should contact us at their convenience in order to find out more about the service and Meritsoft’s solutions.