
Many Custodians have repositioned themselves as Securities Services providers offering a wide variety of Asset / Security Services, most often with reconciliation services as part of the package. If these reconciliations are performed on legacy reconciliation applications, or those not designed with service provision in mind, then issues will arise from their inability to deal with high volumes and deliver proper multi-tenanted segregation. As a result, the service provider will be impacted by higher costs, time-to-market issues and sub-standard service capabilities compared to competitors.
CTC was designed from the outset with these, and future, scenarios in mind to properly respond to Securities Services provider challenges. CTC delivers performance an order-of-magnitude faster than competing reconciliation applications and comes out of the box with robust and relevant capabilities such as multi-tenanted support. CTC allows Securities Services providers to offer real-time and batch reconciliations across the full range of financial products to a large number of institutional investors from a single CTC instance – solving the challenges of service and cost.