Misys Confirmation Matching Service custom solutions help you improve efficiency by completely automating your back office to create a straight-through processing environment. Using these solutions in combination with our powerful matching and confirmation technology will allow you to customise Misys CMS to meet your unique technology and operational requirements.
Standing Settlement Instructions
Improve efficiency by creating and maintaining 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. More information >
Predefined Settlement Instructions
Reduce effort, eliminate risk and save 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
Minimize risk and enhance compliance with in-depth reporting tools. Misys CMS offers many pre-defined reports, including: performance summary report for FX, performance summary report for money markets and currency position summary. Additional and customised reports are available. More information >
Link to CLS™ settlement services
Our integrated solution speeds processing with a consistent matching platform across all your foreign exchange trades. Misys CMS ensures that only your pre-qualified transactions are submitted into the continuous linked settlement (CLS) process flow. CLS lets corporations and other non-SWIFT™ 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 CMS. 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 banks to improve efficiency by seamlessly matching interbank trades for foreign exchange, options and money markets without involvement from counterparties.
This tool directs copies of all inbound or inbound/outbound SWIFT traffic to Misys CMS for immediate matching. Enjoy the added advantage of a single window to combine matching of interbank traffic with trades from your corporate and fund manager counterparties.
Special match pricing applies to interbank traffic. Contact your sales representative for further information.
File transfer service
Misys CMS File Transfer Service (FTS) is a secure and transparent means of moving files and messages between Misys and our clients, enabling straight through processing. FTS automatically picks up and sends files from the client to Misys CMS, who translates the files as necessary to match trade data, and then returns a matched message status back to the client's processing system automatically for updating and payment.
Document attachment
Use the 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 increases efficiency by expanding your capacity to auto-match, greatly reducing the time spent dealing with exceptions.
Netting
With netting capability, clients 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 allows fund managers to 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 CMS. With 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.
Use Standing Settlement Instructions to reduce risk and improve efficiency by:
- Enabling your counterparties to view necessary instructions
- Quickly linking to any number of funds by maintaining custodian templates
- Automatically appending settlement instructions to incoming messages
- Automatically notifying your counterparts of upcoming changes
- Achieving automatic match on instructions as well as financials
- Safeguarding your instructions with Maker/Checker functionality
- Exporting data to upload to your back-end system
- Accessing full audit history
- Easily modifying existing instructions
- Entering instructions with a future start date
Predefined Settlement Instructions
Save time and minimize errors by automatically appending predefined standing instructions to your trade confirmation's settlement instructions. This custom solution is especially useful for the corporate treasurers and FX back offices.
For corporate users who regularly use the same standing settlement instructions, Misys CMS predefined settlement instructions provides consistent and concise settlement instructions to counterparties, serving as an integral element of the trade process.
Use Predefined Settlement Instructions to reduce risk and improve efficiency by:
- Enriching incoming deals using your standing settlement instructions
- Applying consistent and correct instructions with secure codeword identification
- Entering instructions once, eliminating the need to double-check information for every deal
- Appending instructions for SWIFT messages, manual deals, or file uploads
- Applying predefined instructions only when you choose to
Premium Reports
Misys CMS Premium Reports enables customers to run and retrieve custom reports, providing the most in-depth data available. Users can run multiple reports at once and can retrieve reports later or delivered to the user's local network directory using FTS.
Some of the reports currently offered are:
Performance Summary Report assesses how quickly your counterparties submit trades to Misys CMS and the time it takes to match their trades, with counterparties ranked against one another. The report immediately shows which banks are the most efficient in the confirmation process and provides an objective evaluation of a client's own performance. The quicker the confirmation: the more efficient your settlement process. This report helps you identify and correct errors quickly to reduce your costs.
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 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 and custom reports are available. Contact your sales executive for details
