Cashfac’s trade settlement solution offers intra-day/real time monitoring of settlement positions, automatically allocating funds through broker/fund manager accounts to client accounts.

It can help minimise Client Money funding top up – releasing capital for other purposes – and enable faster intra-day identification of emerging issues such as deteriorating counterparty performance, allowing real-time resolution.

Improve your firm’s risk management, performance efficiencies and customer service with:

1. Real Time Settlement of Trades

Cashfac connects directly to your bank accounts, central securities depository, or settlement agents to settle trades throughout the day in real time, minimising your risk exposure and reducing capital tied up in Client Money protection.

2. Actual Settlement not Presumed Settlement

Unlike many settlement systems, Cashfac accounts for and controls market settlement driven by actual bank settlement rather than assuming settlement on the intended day – thus eliminating unnecessary reconciliations and disputes.

3. Bulk and Multiple Match settlement

Cashfac can automatically match and settle multiple net receipts/payments against the many underlying trades being settled. Its workflow screens also allow for suggested matching, repair, and settlement of mis-referenced or partial trades and your settlement team other real-world challenges.

4. Full Accounting for each Broker, Counterparty, Fund Manager or Agent

Cashfac automatically allocates all cash movements for each counterparty through their own Cashfac account. Allowing exposures to be accounted for controlled, understood, and reported on, while facilitating easy allocation of the work to resolve discrepancies, across your settlement team.

5. Multiple Banks / CSDs Managed at the Same Time

Cashfac can connect and operate settlement through multiple bank accounts from multiple banks in multiple currencies at the same time and on a 24/7 “follow the sun” basis to manage your global settlement with all your counterparties and CSDs.