Automate & Accelerate Trade Settlement Operations With Enhanced Risk & Compliance Management
NOVA Settle module provides functionalities for multiple settlement methods, across multi-entities, multi-currencies, multi-markets and multi-products. Streamline settlement of multiple instruments in a single solution to support every stage of the transaction. Providing connectivity to 12 Central Securities Depositories, NOVA Settle complies with specific processing requirement of each.
Features
Seamless connectivity to multiple CSDs globally
Early alert on potential settlement failure
Reduce operational overheads through STP
Monitor and Amend settlements across multiple region & multiple asset classes
End-to-End audit trail for both management and external auditors
Benefits
Automatic Creation of Settlement Instruction
Support of DVP, RDVP and FOP Settlements
Integrated real-time stock accounting
Support for Partial, Split, Merge, Contra functions
Ability of Fail Settlement processing
Flexible Enquires: Stock Reconciliation, Stock Settlement Summary, Overdue settlement enquiry, Failed settlement analysis, Pending settlement enquiry and Market Settlement enquiry
Multiple netting aggregations
SSI Management
