Settlement and reconciliation
Use SWIFT to automate settlement and reconciliation of domestic and cross-border securities transactions, reducing costs and risks
Reach counterparties worldwide across the post-trade transaction chain
SWIFT’s settlement and reconciliation messaging solution uses globally-recognised communication standards to connect you to your counterparties, intermediaries and market infrastructures.
The solution automatically connects asset managers and brokers, global custodians and local agents, and settlement participants and market infrastructures such as T2S, CSDs, CCPs and trade repositories.
Settlement transactions covered include repurchase agreements, portfolio transfers, internal account movements, collateral exchanges and corporate actions distribution.
Dedicated reconciliation messages cater for all aspects of settlement reporting activity to advise, instruct and confirm the movement of securities. They also report on the status of pending settlement instructions, movements and holdings.
The settlement messages include repurchase agreements, portfolio transfers, internal account movements, collateral exchanges and corporate actions distribution.
Automated and standardised reporting
Improve visibility and transparency of your operations through each pre-settlement stage - and for all post-settlement reporting activity.