Wall Street Systems announces eConfirmations capabilities

Wall Street Systems has further enhanced its post trade eOperations facilities. Using this tool, banks have been able to offer facilities to settle, net, and approve trades. Now, banks can provide customers a single hub to manage trade confirmations. Customers can view a digitally secure PDF representation of the legal confirmation of any trade, regardless of execution venue, and can immediately accept or reject the trade.Email chasers and alerts are provided to notify customers of trades needing confirmation. Banks will also be able to present the mark-to-market value of outstanding trades for any date in the past. All customer actions are integrated into the bank’s back office operations to minimize operational risk and to satisfy compliance concerns....continued

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