For banks and brokerages needing to maintain and contact tens of thousands of accounts… globally, so that they can manually agree on capital markets payments claims, SetClaim’s STP workflow automates that contact, thus replacing thousands of processes with one.
Use SetClaim to automatically match capital markets payables and receivables from multiple counterparties, whatever stage they sit within the claims lifecycle.
Reduce processing costs and improve capital efficiency
- Improve operational efficiency by reducing the significant costs and risks associated with the manual reconciliation of payables and receivables claims.
Make funding cost savings for late receivables
- Reduce aged debtors.
- Reduce costs via automation and netting.
- Efficiently manage your claims lifecycle.
Have a demonstrable degree of control and transparency
- Have the information you need to maintain full audit trails.
- Make informed decisions with detailed reporting and management information.
Efficiently manage resource allocation
- Eliminate the need to make substantial bi-lateral calls to counterparts.
- Stop time consuming and manual reconciliation of 100% of transactions. Start focusing your resources on as little as 5% of exceptions (i.e. “breaks”).
- Have the flexibility to support and enhance existing operational and technical processes.
- Future-proof your payables and receivables operations.
Enhance client service
- Be able to demonstrate your exemplary systems and processes.
- Have the intelligence you need to manage relationships and to treat important clients sensitively.