Transaction Risk Management

Transaction Risk Management – Functions
- Date capture
- System-aided reconciliation
- Reporting / Compliance
- Process Flexibility

Anticipated benefits of Transaction Risk Management

- 99.9% accuracy of capture
- Electronic version of paper confirmation created
- Filterable / searchable reference database during credit / exercise events
- Identifies any systemic issues within reconciled systems
- Ensures legal risk correctly reflected in systems
- Benchmarking checks against Markit RED, Moody’s, etc.
- Rec engine can be used to run daily intra-system recs
- Monthly executive metrics
- Identify systematic issues with systems / docs process
- Rules based search for non-standard language / doc bases risk
- Reporting can be used to quantify / audit “operational risk”
- If systems change, re-reconciliation automatic w/o need to re-review docs

Popular topics: