Stream Fail Monitor

Stream Fail Monitor is a real-time solution that helps you proactively manage fails and exposures more quickly and efficiently. Stream Fail Monitor tracks the securities settlement lifecycle to help you identify and track different types of fail events and quickly manage settlements throughout the day. It also helps you manage Treasury Market Practices Group (TMPG) commitments by creating claim letters and accruals on Treasury fails and properly tracking receivables and payables. In addition, it may help to reduce fails through the process of consolidating, identifying and netting fails.

Stream Fail Monitor helps you:

• Manage today’s settlements
• Manage actual fails across all asset classes
• Measure fail exposure by CUSIP and counterparty
• Create fail accruals, receivables and payables
• Create and track counterparty claims
• Identify opportunities for stock loans and borrows as well as specials for repurchase agreements

Benefits of Stream Fail Monitor:

• Provides real-time updates throughout the day as fails are updated or cleared
• Allows you to generate the documentation needed to efficiently bill counterparties and keep track of outstanding claims
• Automates current procedures, helping to increase efficiency and support straight-through processing
• Automatically alerts you to fail exceptions
• Helps reduce the errors created by manual processes
• Is designed to help you comply with the recommendations of the Treasury Market Practices Group
• Features an intuitive user interface to help you navigate this new model