Settlement administration – Manage settlement instructions and transactions throughout the settlement lifecycle.
External connectivity – Integrate with CSDs, trade providers, custodians, and cash management systems.
Settlement processing – Process the standard settlement flow from trade capture to final settlement.
Integration with STX SAFE – Reflect settlement instruction updates instantly in safekeeping holdings and transactions.
Actual and contractual settlement – Support both market-confirmed (actual) and system driven (contractual) settlement models.
Partial settlement handling – Support and track partially settled transactions.
Hold and release control – Place settlement instructions on hold and release them when required.
Reconciliation on confirmations – Reconcile settlement transactions based on received confirmations from CSDs or custodians.
Settlement administration – Manage settlement instructions and transactions throughout the settlement lifecycle.
External connectivity – Integrate with CSDs, trade providers, custodians, and cash management systems.
Settlement processing – Process the standard settlement flow from trade capture to final settlement.
Integration with STX SAFE – Reflect settlement instruction updates instantly in safekeeping holdings and transactions.
Actual and contractual settlement – Support both market-confirmed (actual) and system driven (contractual) settlement models.
Partial settlement handling – Support and track partially settled transactions.
Hold and release control – Place settlement instructions on hold and release them when required.
Reconciliation on confirmations – Reconcile settlement transactions based on received confirmations from CSDs or custodians.
