UnaVista Confirmations Portal
The UnaVista Confirmations Portal helps brokers, investment managers, prime brokers and others communicate and match post-trade data reliably and simply. UnaVista provides a global, fully audited service through which both large and small firms can exchange information. UnaVista Confirmations Portal provides a number of benefits to your business:
Use UnaVista even if your counterparty doesn’t
The success or failure of your trade doesn’t rely on your counterparty being a UnaVista subscriber. They don’t even need to be automated. All they need is email. The Confirmations Portal emails a link to them and once they’ve registered as a user, they can simply click on the link to see all the information about the trade. It’s straightforward for your counterparties to register securely, so the trade won’t be held up with form-filling. And they only need to register once.
Make dealing with other brokers straightforward
UnaVista’s Confirmations Portal provides a simple online solution for confirming trades with other brokers. If the broker you’re dealing with also uses UnaVista, you can implement centralised matching with agreed tolerances and thresholds. You can also communicate settlement data for verification and matching, reducing the risk of settlement failure.
Manage the whole process on one screen
You can customise your screen view so that you see the information in the way that suits you best. You can also upload documents, which UnaVista then stores against the trade so that if you need to audit it later, all the information you need is in one place. And you can take a snapshot of all your confirmations at any time – so you’ll always know exactly where you are.
Deal with multiple asset classes easily
The lack of flexibility in exsisting systems is one of the major reasons that so many trades aren’t confirmed electronically. But UnaVista’s Confirmations Portal doesn’t rely on standardised data. That means you can use it for all your trades, no matter what the asset class.
Use it no matter what your messaging system is
You can use the Confirmations Portal even if you or your counterparties don’t have FIX or SWIFT messaging capabilities. All you have to do is upload a file of the confirmation details through your browser.
Have the confidence that the data is accurate
As an added feature, the Confirmations Portal can check reference data against various data sources including the Exchange’s SEDOL Masterfile to make sure it’s accurate and up-to-date.
The UnaVista Confirmations Portal provides a fast, secure and cost efficient service that can eliminate many of the problems that are in the industry today. To find out more about how UnaVista works please give us a call on 020 7797 1214.