Data elements such as historical prices, calendar data, and ratings are required as inputs in price discovery calculations. Currently, most firms have separate business units maintaining their own reference databases. The data provided should be in accordance to the number of compliance regulations. Our expertise team reconciles the data at different levels on a daily basis to maintain the accuracy and daily changes.
CES reconciliation service reduces trading overhead and minimizes the operational risk associated to it. We have built policies and systems for reconciliation and to monitor the trade activity on a daily basis. We record and handle even the most voluminous data, filtering out any discrepancy in any event, corporate action, currency exchanges, fund movements, and transfers. This ensures an accurate match between the trading system and various custodian systems such as Geneva, BNY Mellon, VPM, ALPS and CS.