Electra Settlements, an industry-leading, post-trade automation solution for custodian trade and client notifications, confirms/affirms and settlement instructions, provides a central nexus for connecting investment managers, custodians, prime brokers, clients and other third-party participants.
Electra Settlements, formerly titled ACTioN, aggregates trade data and sends it electronically to your brokers, custodians, prime brokers, clients and other parties using industry standard and proprietary formats and communication protocols. Electra Settlements features a comprehensive selection of built-in rules that allow you to automate not only your standard post-trade processing, but also those exceptional situations that require special handling and create additional workload for your staff.
Unlike toolkit-based solutions that add to your overhead, we have created a turnkey solution that allows you to focus on your business while managing operational costs. Electra Settlements enables you to mitigate settlement risk, gain control of your settlement process and follow industry best practices.
Through Electra Settlements, you’ll be able to effectively eliminate time-consuming manual matching, reduce failed trades and enhance your staff’s productivity – leading to an improved bottom line.
To request a demo on Electra Settlements, please click here.