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

Monitor and Amend settlements across multiple region & multiple asset classes

Reduce operational overheads through STP

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

Multiple netting aggregations

Flexible Enquires: Stock Reconciliation, Stock Settlement Summary, Overdue settlement enquiry, Failed settlement analysis, Pending settlement enquiry and Market Settlement enquiry

Automatic Generation of Settlement Instructions(SI)