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.

Wide variety

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.

Connect to Target2

A complete solution for T2S, including integration solutions, all at attractive pricing and with minimal upfront cost

Find out more

Get the business benefits of standardisation and automation