SLIB Clearing & Settlement Suite
SLIB offers a wide range of software solutions to assist all post-trade activities. These tools, included in the SLIB Clearing & Settlement Suite, enable you to securely monitor the whole processing chain up to the final transactions settlement: from Client/market matching to the comprehensive management of settlement instructions.
The SLIB Clearing & Settlement Suite includes a set of products particularly suited to the requirements of the following lines of businesses:
- Broker dealer
- Individual Clearer
- Global Clearer
- Investment Bank
The SLIB Clearing & Settlement Suite facilitates the following business processes:
- Clearing management
- Follow-up of clearing positions
- Client/market matching
- Monitoring of information from CCP, in direct or indirect mode, and management of the various algorithms of netting (CNS, SDN, TDN)
- Monitoring of clearing positions at different levels of aggregation
- The system design is based on the international standards for exchanging settlement instructions (ISO 15022 and soon 20022)
- SWIFT compliant management of the various settlement parties
- Multi-depositary management of client accounts
- Provisional management of the settlement securities
- Multiple parties supported
- Automated reconciliation of positions
- Help functions to solve the matching differences
The SLIB Clearing & Settlement Suite consists of 6 components which you can pick and choose according to your individual needs:
|SLIB CMS (Clearing Management System) is a flow manage-ment and consultation tool for clearing activities that provides interactive management of the real time clearing session:
SLIB CMS feeds in real time feed the SLIB Position Management System.
|SLIB Position Management System is a position management and consultation tool for clearing activities and manages the positions at different levels of aggregation.
SLIB Position Management System also supports:
|SLIB Posting||SLIB Posting takes care of the entire set of posting processes and hence the administrative preparation of transactions for the back office, according to the following stages:
The client/market matching function guarantees the consistency of your market activity with your client allocations. This matching should highlight any differences and/or matches detected to enable your back office to make the necessary adjustments.
SLIB Matching fulfils this need.
|SLIB Settlement||SLIB Settlement centralises all Settlement instructions into a single database to simplify the management, monitoring and coordination of these instructions, regardless of their origin and the dialogue mode of those involved. Settlement instructions can be:
SLIB Settlement is provided with a sophisticated device of management supplying interactive dashboards with revealing of the exceptions.
|SLIB Reconciliation||Custodians with a multiple-depositary clientele must provide global position keeping per depositary and per security and matching between their client positions and the balance held by the various depositaries.
SLIB Reconciliation provides a solution to these essential requirements of your profession, broadening the role of the depositary to all those who manage credits for third parties: French central depositary (Euroclear France), local depositaries, Custodians and Global Custodians, Global Clearers in relation to their traders.