You are here: Home / Solutions and Markets / CSDR Manager Penalties, Buy-ins, Fails Management A complete CSDR automation solution Are you ready for CSDR? The countdown has started! Click here for commentary on the impact of CSDR from our regulation experts Meritsoft CSDR modules solve the Financial and Operational problems associated with this significant new regulation. Under CSDR, Penalties will burden all parties who now have to track, reconcile and pay fines when a fail occurs. Simultaneously, parties who Buy-In will have to track associated costs and pass these on to the failing counterparty. What if you recieve either Fail Penalties or Buy-In costs – How are you going to manage and allocate these? The markets most comprehensive CSDR solution for Penalties and Buy-In Management Reduce the cost of fails and improve business performance by enabling the straight through processing of the identification, management, calculation and reconciliation of failed trades CSDR Manager provides a “pro-active” fail management system Meritsoft’s rules-based engine facilitates regulatory compliance by providing real-time enhanced transparency of your CSDR associated activities CSDR – Business Benefits Single source of truth for all Fails Management processing Proactive management of Penalties and Buy-In’s combined with the associated transparency, the Meritsoft CSDR solution delivers, highlights significant optimisation benefits and cost savings Reduce headcount and administrative costs with a clear and transparent workflow enabling tasks to be completed in significantly less time Record a detailed audit and compliance repository of communications across the trade lifecycle Seamless auditable two-way integration with counterparty collaboration solutions such as Taskize Real-time analytics to provide the intelligence you need to support volume processing and decision making Data driven solution underpinned by proven scalable FINBOS technology delivered by operational experts who understand how to automate operational processes Rapid deployment using a flexible rules-based engine and intuitive user interface Flexible deployment options including on-premise, hosted cloud native managed service and BPAAS for all fails management and CSDR processing Get 360º transparency of the balance sheet, commonly unavailable to most operations teams so that you can: Control debt management and implement provisioning strategies Have the information you need to develop a global strategy and vision Have confidence in knowing regulators and compliance functions can observe a transparent and proactively monitored trading cycle CSDR Penalties Solution Consolidate your settlement fails in a single portal Calculate Penalty charges utilising relevant static data such as instrument type, depot location and rate Link CSD charges and credits to associated underlying transactions Manage and Reconcile CSDR Penalties received from CSD’s / ICSD’s against your calculations Capture underlying evidence and proof of fault automatically Provide a consolidated view of all payable, receivable and offset-able Penalties Automate the complexities surrounding partial settlements processing Automate client statements, notifications and all communication flows Flexible Maker / Checker options on all processing flows Full integration with accounting packages for postings and accruals Comprehensive audit trail reporting CSDR Buy-Ins: Forecast the Buy-In requirements and associated costs Generate potential Buy-In notifications and confirmations Messaging integration with Buy-In agents and execution management systems Accrue and Oversee costs of Buy-In’s on a real time basis Allocate Buy-In charges to relevant customers Provide Buy-In risk prioritisation Facilitate alternative Cash Compensation processing Flexible Maker/Checker options on all processing flows Comprehensive audit trail reporting Learn more about our collaboration with Taskize: To learn more about our CSDR solution please contact capitalmarkets@meritsoft.com Follow Meritsoft’s continued progress Join the list of capital markets experts who benefit from Meritsoft knowledge and advice as soon as it’s published Follow us on Linkedin Meritsoft Company Visit the Meritsoft Linkedin Company page to learn about forthcoming updates Learn how operations benefit from FINBOS The award winning platform from Meritsoft Contact Meritsoft or visit our Case Studies More from Meritsoft Contact Meritsoft to find out about software solutions for MiFID II, 305c, FTT, 871m, CSDr and more… Terms & Conditions Privacy Notice Disclaimer Copyright Awards 2014 & 2015 Entrepreneur of the Year Products FINBOS Platform 871m Tax Manager MiFID II / Research Claim Manager 305c Tax Manager Financial Transaction Tax Manager Company About Case Studies Contact Address Dublin (Head Office) Eagle House, 16 Wentworth, Eblana Villas, Dublin, D02 HV08, Ireland Tel: +353 (1) 676 6311 Address London 4th Floor, Block A, 6/7 St Cross Street, London, EC1N 8UB, United Kingdom Tel: +44 (203) 865 4641 New York 55 Hudson Yards, 26th Floor, New York, NY 10001, United States Tel: +1 (914) 306 3572 © Copyright Meritsoft 2020, Terms & Conditions