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Failed Trade Management demo

Chases unaffirmed and failing trades, SSI breaks and CSDR penalties for settlement teams 1:34

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What the demo shows

Chases unaffirmed and failing trades, SSI breaks and CSDR penalties for settlement teams

The cut-off lanes are the screen: one lane per settlement market, each with a red line at its own local deadline and a clock in its own time zone, and every open exception a dot drifting toward it, colored by cause and sized by the money at stake. Seven agents work each fail. The Intake agent links every status message, allegement, affirmation report and counterparty email, in any language, to its trade; the Forecast agent scores tomorrow's settlements on trade date; the Cause agent names the real reason with cited evidence and finds other trades with the same cause; the Penalty agent prices a miss and reconciles penalty reports; the Chaser agent drafts the chaser in the counterparty's language and the amended instruction; the Checker agent re-checks every fix against the verified SSI, the counterparty's own instruction and sanctions; the Cut-off agent plans the day backward from each deadline and escalates. The analyst approves; a second analyst releases below $5M; the supervisor releases partials, shapes, buy-in responses and anything above $5M. Settlement staff never edit an SSI: changes go to the SSI team, verified by call-back.

Transcript

  1. Failed Trade Management finds and fixes failing trades for settlement teams.
  2. 3% of DDC trades still fail.
  3. In Europe, every late day costs a penalty.
  4. At Quill Field Capital, each market has a lane racing its own cut-off.
  5. At Euroclear, a sale to Brenmore is failing 85 minutes before cut-off.
  6. The cause agent finds Bryn Mawr's new account in a German email.
  7. Our instruction still carries the old account.
  8. The penalty agent price is a miss, €1,184 a day.
  9. The chaser drafts the fix.
  10. The checker confirms it against the verified SSI.
  11. Anika approves. Above $5 million, her supervisor releases it.
  12. At $2.31 it matches.
  13. three more Bryn Mawr trades get the same fix.
  14. Every fix is cited, signed by two people and logged.
  15. This month, fixes before cutoff avoided 187,000 euros of penalties.
  16. Built on Botminds: agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.