Meritsoft signs new client for CSDR automation

Leading provider of clearing, settlement and custody services signs for Meritsoft’s end-to-end CSDR automation solution

20th July 2021:

With implememtation of the CSDR Settelement Discipline Regime slated for February 2022, we are delighted to be working with this leading provider of clearing, settlement and custody services. Our flexible, scalable CSDR automation solution will enable them to manage all their penalty and buy-in requirements under the Central Securities Depositories Regulation. They join the growing list of firms who will be using Meritsoft’s platform to harmonize multiple fails data feeds, calculate and validate penalty charges and manage penalty and buy-in cash flows.

Meritsoft’s CSDR Manager fully automates CSDR processes, providing complete transparency of all relevant transaction, counterparty and CSD data. Rules-based decision trees ensure that in-scope items are identified and penalty charges correctly calculated and validated. Potential and confirmed buy-in notices can be forecast and tracked and the cash flows managed. The solution is deployable on-premise or via a SaaS model.

To find out how Meritsoft can help your firm with CSDR processing and compliance please get in touch at