At the Ready for CSDR and Beyond
Leveraging our proven FINBOS platform, Meritsoft is winning new business, helping an increasing number of global financial houses address the challenges of meeting the February 2021 Central Securities Depositories Regulations (CSDR) deadline by deploying our CSDR-configured solution.
As global financial companies and capital markets houses prepare for the CSDR deadline, it’s essential for business managers to have cost-and-control transparency and the ability to manage regulatory issues, compliance, and counterparty risk – all critical information you must factor into CSDR and daily decision-making.
Our FINBOS-based CSDR solution is capable of handling multiple business lines, including various custody, brokerage, and asset management requirements. Meritsoft is helping financial institutions handle their CSDR operational needs for fail aggregation, penalty processing, partial settlement handling, CSD reconciliation, and cash compensations, including forecast penalty and buy-in client communications.
Using our CSDR Manager solution, our customers can meet immediate regulatory deadlines and leverage their investment for future market needs, such as asset servicing claims management and interest claims management.
For more details on what the Meritsoft CSDR solution can do for you, please contact us at MeritsoftCapMarkets@cognizant.com.