Automate & Accelerate Trade Settlement Operations With Enhanced Risk & Compliance Management
Complete Solution
With the complexity and volume of corporate action events increasing, the NOVA Corporate Actions provides a centralised and reconciled view of corporate actions across all markets, asset classes or currencies.
Simple & Flexible
The platform allows users to define and create corporate action types and workflow instead of depending on development changes, thereby significantly increasing efficiency and enabling faster time to market.
Events Agnostic
The NOVA platform supports corporate actions from cash dividends, bonus issue, share split, consolidation, interest payment and more
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
Improve Operational Efficiency
with automated Striaght Through Processing and multi tier architecture
Reduce Cost
operate more efficiently, and minimise risk with cloud-hosted infrastructure
Scalable & Future-Ready
with multi tier architecture enabling load balancing and increased security
Lower Security Risks
multi tier architecture that isolates critical data under several encrypted layers
Strong Clearing & settlement
ecosystem with direct interface with all major CSDs across APAC
Improve Compliance
to ever-eveolving regulatory requirements across multiple jurisdictions