For post trade settlements teams needing to identify, manage and settle interest claims arising from
- Security related failures to settle
- Cash flow related failures to settle
Interest Claim Manager provides the workflow you need to calculate interest compensation claims simply.
Typical Interest Claims Manager feeds include
- Fixed Income
- Open nostros
- Foreign exchange fails
Support the recovery and settlement of interest claims
Get a complete view of your interest claims history including:
- Invoices issued
- An audit trail of all communications
Stay connected to the people and information you need to fully recover interest claims. Automate the management of
- Diary reminders
- Follow up actions and dates
- Contacts and associated notes/history
Elsewhere have access to the information you need for contingency planning
Mitigate the risks of offshoring claims processing
Predict cost management and effectively track claims processes. Use Interest Claim Manager’s structured workflow to:
- Standardise interest claims recovery processes
- Eliminate unnecessary duplication of effort
- Improve governance
Obtain management information at a click
- Gain visibility and control over the important area of aged debtors.
- This will not only show the impact of your interest claims recovery activities on your liquidity, but will also help you make smarter decisions about where to invest your time and resources
- Single interface managing multiple item types, thus reducing overall cost
- Interest Claim Manager can be used as an interest rate repository for debit (DR) and credit (CR) rates based on Nostros and refreshed on a daily basis
Create detailed insights with the Analytic Module of Interest Claim Manager
- Show entry per client
- Show the overall receivable and payable claimable/unclaimable amounts
- Helps identify the current profit/loss position of the house
- Calculation of the daily capital charge
Get set up quickly
Like Claim Manager, the modules that form Interest Claim Manager are ready-made solutions, which are adaptable and can be implemented quickly.
This means in no time your mortgage and settlement obligations will be automatically captured and processed, so you can concentrate on your core business activities.
To learn more about our Interest Claim Manager solution please Contact Us now.
Follow Meritsoft’s continued progress
Join the list of capital markets experts who benefit from Meritsoft knowledge and advice as soon as it’s published