Confirmation Copy

Our new Confirmation Copy service will automatically copy your trade confirmation messages to a selected third party matching service

New from early 2016

From early 2016, you’ll be able to use our new Confirmation Copy service for all your trade confirmations: all instruments, across all your branches, with all counterparties. The service automatically sends a copy of your sent and received confirmation messages to your chosen third party matching provider.

Confirmation Copy offers you valuable benefits:

  • Fast and cost effective implementation: There’s no software to manage.  You use your existing, secure SWIFT connectivity.
  • Matching is independent of solutions used by your counterparty, because your matching provider receives all of your sent and received confirmations.
  • Your choice of matching provider.  You choose which third party provider to work with – and it’s easy to change when you need.
  • Local or central matching – depending on the provider you choose.

We’re currently working with third party providers to ensure defined service levels for their SWIFT connectivity. From January 2016, we will start announcing providers’ readiness and go-live dates.

The current Accord services will be retired on October 31st 2017. Until then, Accord services will run as normal, with no change. We’re committed to easing the transition of Accord customers to an alternative solution.

Matching provider 

Memo of understanding 

Matching providers SWIFT interface status 

Implementation status
and for which message types
 

Bloomberg STP “CMS”

In review

   

Broadridge “PROactive”

Signed

"Health Check" completed

Implementation in progress for MT300, MT305, MT306, MT320, MT330, MT340, MT341, MT360, MT361, MT362, MT399, MT600 and MT601

Misys International Banking Systems “CMS”

Signed

"Health Check" completed Live for M300, MT300 excluding CLS, MT305, MT306, MT320 and MT600

FIS “IntelliMatch Operational Control”

Agreed

"Health Check" in Progress Implementation in progress for MT300, MT300 excluding CLS, MT305, MT306, MT320, MT330, MT340, MT341, MT360, MT361, MT362, MT395, MT396, MT399, MT600 and MT601
Smartstream "Corona" Signed    

Comprehensive, real-time solution for all your confirmations

Confirmation Copy automatically copies every sent and received confirmation to your matching provider in real-time. All instruments and counterparties are covered, across all your branches.

Highly efficient, simple and low-cost solution

With no software needed, Confirmation Copy is a very low-cost solution. And it’s easy to change your matching provider if you need. A fee for each confirmation copy received is charged to the matching provider – not the end user. Our charges will be available for full transparency.

Quality assured

Special provisions will be in place to protect data and ensure matching providers’ SWIFT connections are validated annually.

Get ready for Confirmation Copy

Keep up-to-date with implementation plans for Confirmation Copy.