Standing settlement instructions
Misys Treasury's custom solutions let you completely automate your back-office creating a straight-through processing environment. Using our powerful matching and confirmation technology and combining it with our customised solutions, eliminates risk and provides you with a streamlined and automated back-office.
Standing settlement instructions
Create and maintain correct, consistent and concise settlement instructions to enrich your deals. These can be shared between you and your counterparties. Powerhouse features include notifications, reports, maker/checker approval and full audit trail. This new custom solution is designed for fund managers, custodians, clearing agents and broker/dealers.
For information More information >
Predefined settlement iInstructions
Reduces effort, eliminates risk and saves time, particularly for corporate users by enriching deals with consistent and correct instructions. Manual look-up is no longer required for each deal. Enter your instructions once and they will enrich automatically or be applied selectively. More information >
Premium reports
Provides more in-depth reporting. Misys Treasury offers three special, customised reports: performance summary report for FX, performance summary report for money markets and currency position summary. Additional customised reports are available upon request. More information >
Link to CLS™ settlement services through Misys Treasury
Our integrated solution provides you with a consistent matching process across all your foreign exchange trades. Misys Treasury ensures that only your pre-qualified transactions are submitted into the continuous linked settlement (CLS) process flow. CLS lets corporations and other non-S.W.I.F.T™ members take advantage of the risk-reducing benefits offered by CLS settlement.
If you trade foreign exchange, you will save time and effort when you use CLS™ Settlement Services together with Misys Treasury. Take advantage of the reduced risks that CLS offers without changing your back-end system — even if you are not a banking institution.
Interbank matching for foreign exchange and money markets
Our Interbank matching module allows a bank to seamlessly match its interbank trades for foreign exchange, options and money markets without involvement from its counterparties.
Special match pricing applies to interbank traffic. Contact your sales representative for further information.
This service directs copies of all inbound or inbound/outbound SWIFT traffic to Misys Treasury for immediate matching. Enjoy the added advantage of combining matching of interbank traffic with trades from your corporate and fund manager counterparties in one application.
Special match pricing applies to interbank traffic.
File transfer service
Misys Treasury's File transfer service (FTS) is a secure and transparent means of moving files and messages between the Misys Treasury and its clients. Inbound to the service, FTS automatically picks up and send files from the client.
After financial matches occur, Misys Treasury can provide files that return the matched message status back to the client’s processing system automatically for updating and payment.
Document attachment
Use Treasury's Document attachment feature to track status, attach, view, confirm, and delete documents in a wide variety of file formats including: Microsoft Excel®, Word®, text and Adobe Acrobat PDF format.
Tolerance matching
Tolerance matching expands your capacity to auto-match and greatly reduces the time spent dealing with exceptions.
Netting
Use our Netting feature to net your deals. You can specify the range of deals that you want to view, browse for eligible deals based on set criteria, and develop detailed settlement instructions for each component of the netted deal.
Advice/Instruction of a third-party deal (MT304)
This feature lets fund managers send messages to custodian banks as an advice of/instruction to settle a third-party foreign exchange deal.
Standing settlement instructions (SSI)
Use SSI to create and maintain correct, consistent and concise settlement instructions, which can be shared between counterparties and other interested parties. You can easily enter custodian instructions to link with managed funds, and notification is a breeze with a built-in change notification system.
After the initial entry of your instructions, trade messages are automatically enriched at the confirmation stage by Misys Treasury. By using SSI, matching instructions is as easy as matching the financial details.
Maintenance is minimal and only needs to be performed if your buy receiving instructions change.
SSI features & benefits
Use our Standing Settlement Instructions to:
- Reduce risk
Enable your counterparts to view necessary instructions
- Maintain custodian templates that you can quickly link to any number of funds
- Automatically append settlement instructions to incoming messages
- Automatically notify your counterparts of upcoming changes
- Achieve automatic match on instructions as well as financials
- Safeguard your instructions with Maker/Checker functionality
- Export data to upload to your back-end system
Access full audit history
Easily modify existing instructions
Enter instructions with a future start date
Predefined instructions
Utilise the Misys Treasury Predefined settlement instructions to automatically append standing instructions to your trade confirmation's settlement instructions. This custom feature is especially useful for the corporate treasurers and FX back-offices in a corporation.
If you are a working in a corporation and regularly use the same standing settlement instructions, Misys Treasury Predefined settlement instructions provides consistent and concise settlement instructions to counterparties, serving as an integral element of the trade process.
This custom solution provides you with the following benefits:
- Incoming deals are enriched using your standing settlement instructions
- Consistent and correct instructions are applied by using keywords
- One-time data entry of instructions so you don't have to double-check information for every deal
- Instructions are appended for SWIFT messages, manual deals, or file uploads
- Users can choose when to apply predefined instructions
Premium reports
You can select Premium reports as a custom solution when you require more in-depth reporting
Three reports are currently offered:
The Performance Summary Report provides you with the information you need to assess how quickly your counterparties submit trades to Misys Treasury and the time it takes to match their trades. Counterparties are ranked against one another. The report immediately shows which banks are the most efficient in the confirmation process. It also provides an objective evaluation of a client’s own performance. The quicker the confirmation: the more efficient your settlement process. The report helps you identify and correct errors quickly to reduce your costs.
The Currency Position Summary Report summarises trades by currency pair as well as by single currency. The easy selection criteria of value date and fund/corporate entity provides you with a quick snapshot of your positions and helps identify any unexpected positions. This is an invaluable tool in preparing to net trades for more streamlined settlements.
Additional reports will be released shortly and custom reports are also available. Contact your sales executive for details.
