Use Claim Manager to STP the processing of equity dividend & coupon claims so that you can manage the regulatory capital cost of having money owed to you
Solve the problems associated with verifying who owes what to whom and how much in post trade settlement processing.
Claims arise when coupons or dividends happen to come across mid flow between buying and selling. This means money can end up in the wrong accounts.
Reduce the potential for errors and improve business performance by enabling the straight through processing of the identification, management and settlement of equity dividend claims and fixed interest coupon claims.
Claim Manager accelerates payment cycles by controlling case management and streamlining workflow for the payment and settlement of balances.
Elsewhere Claim Manager’s process based approach ensures you are guaranteed to meet regulatory compliance requirements.
Accelerate funding cycles
Significantly reduce funding costs and claims management timeframes by automating:
• Tracking of payables and receivables.
• Reporting of claims.
Drive operational efficiency
Maximise your valuable operations resources and realise measurable capacity gains (of up to 50-60%) with Claim Manager’s structured and disciplined workflow approach.
Know that Claim Manager’s data driven solutions are supported by proven methodologies and are delivered by settlements operational experts who understand how to solve your workflow issues.
Make regulatory and fiscal compliance simple
Reduce the cost and complexity of compliance by taking advantage of Claim Manager’s pre-configured workflows that enable you to:
• Analyse claims processes and verify you are compliant.
• Provide you with a secure audit trail of all transactional events.
Be confident in the knowledge that Claim Manager’s effective workflow ensures information cannot be overlooked or be incorrect.
Remove the restraints associated with common extensive manual processing and in-house built legacy systems.
Automate the overhead associated with managing the various activities that form part of claims processing.
Reduce headcount and administrative costs with clearly defined workflow processes that enable tasks to be completed in significantly less time.
Have the intelligence you need to support volume processing and decision-making
Get 360º transparency of the balance sheet, commonly unavailable to most operations teams so that you can:
- Control debt management and implement provisioning strategies.
- Have the information you need to develop global strategy and vision
Address specific operational needs by easily adding on modules:
Reduce payment costs. Facilitate bulking/netting. Generate messages in formats acceptable to multiple gateways and banks. Immediately identify if payment messages have been processed. At the same time enhance customer service.
Increase straight through processing and reduce time spent entering and validating standard settlement instructions (SSIs) each time a payment is made. Standardise the formatting and exchange of SSI information.
Choose to add SSI Repository as a complimentary module to the Payments module or as a stand-alone module.
Facilitate bulking, netting, control and reversal. Receive ledger balances updates. Generate messages in formats acceptable to multiple ledgers. Immediately identify if posting messages have been processed.
Profit and Loss
Get a detailed view of your P&L. Calculate profit and loss arising from dividend events. Take into account stock loan borrow transactions, depot and market claim transactions and book postings. Allocate the difference between amounts received and paid between tax elements and profit & loss.
Detect updates to positions and trigger updated P&L calculations. Predict and record date estimates, adjusted for taxes. Track over borrowed positions prior to their record dates.
Connect to market matching mechanisms
Connect to Equilend/Euroclear and enhance STP. Improve resource allocation by automating matching of payables and receivables from multiple counterparties. Simultaneously obtain a high level of transparency, full audit trail and detailed management information for strategic planning.
Get set up quickly
Claim Manager is simple, straightforward and easy to implement. It requires no upfront IT investment and will fully integrate with your preferred infrastructure.
Trouble free maintenance
Claim Manager utilises existing feeds/data. Furthermore it can be administered and supported by non-IT professionals.
This means you are guaranteed trouble free maintenance and IT resources will not be burdened.
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