Settlement

The Torstone Platform has some of the highest STP rates in the industry thanks to its automatic two-way settlement messaging and status updates which are sent over the SWIFT network.

These messages are updated in real-time via a suite of screens that identify exceptions and show the current status of open trades.

And because you have access to this data at lightning speed, Torstone’s Platform can help you manage your settlements process faster and easier than ever before.

Our solution is equipped to handle ISO15022 standard messaging, CREST’s DEX format, and ISO20022.

Features

  • Self-clear at CSDs globally and ICSDs
  • Global custodian/sub-custodian settlements
  • Centralised real-time monitoring of trade settlements and fails
  • Real-time inventory management with stock and cash ladders
  • Multiple netting aggregations
  • SSI management

Benefits

  • Monitor and control all settlements across region and asset class
  • Reduce operational overheads through high automation/STP
  • Full audit trail to satisfy management and auditors
  • Early warning to highlight potential settlement failure