Meritsoft integrates Taskize’s workflow tools ahead of T+1
The integration aims to expedite query resolution, ultimately minimising trade settlement failures.
The integration aims to expedite query resolution, ultimately minimising trade settlement failures.
The trade monitoring and exception resolution tool is aimed at improving settlement efficiency rates.
The combined solution will deliver a real-time platform for clients to manage the settlement fail and buy-in process.
Daniel Carpenter, head of regulation at RegTech and post-trade services provider Meritsoft, a Cognizant company, tells The TRADE about how the ongoing changes to CSDR will impact the industry, and explains why so many market participants are not satisfied with the current framework.
The delay from ESMA may not have gone far enough according to some market experts who believe challenges persist despite time extension.