Lifecycle Management

Amendments

Accurate, synchronised management of trade changes across the lifecycle.

Our Amendments workflow records and applies agreed changes to trade terms throughout the lifecycle. By ensuring all updates are processed in a controlled and standardised manner, it maintains consistency across trade records and preserves alignment with contractual agreements.

Manual Changes Increase Operational Risk

Manual amendment processes often lead to inconsistent trade records across systems, resulting in valuation errors, reporting discrepancies, and increased reconciliation effort. Without a controlled mechanism for managing changes, firms face heightened operational risk and reduced confidence in trade data accuracy.

 

Value Delivered:

  • Applies trade changes consistently across all systems, ensuring a single, synchronised view of the updated trade state.
  • Eliminates discrepancies caused by manual updates, reducing reconciliation effort and operational risk.
  • Maintains controlled, auditable lifecycle change management aligned with contractual agreements.

FAQs

Manual changes are prone to human error, often leading to “broken” data where a trade looks different in one system than it does in another. This workflow replaces manual entry with a controlled, standardised mechanism. By automating the application of agreed changes, it eliminates the valuation errors and reporting discrepancies that typically arise from fragmented manual processes.

Yes. One of the core values delivered our workflow is the creation of a single, synchronised view of the updated trade state. When an amendment is processed, the change is applied consistently across the entire ecosystem. This ensures that front-office, middle-office, and back-office systems are all aligned, significantly reducing the time and effort spent on downstream reconciliation.

The Amendments workflow acts as a bridge between your trade records and your legal obligations. It maintains a controlled and auditable lifecycle, meaning every change is recorded and verified against the agreed-upon terms. This provides a clear audit trail for regulators and internal stakeholders, proving that all updates are both authorised and aligned with the underlying contracts.

CONTACT

Book a Meeting

Want to learn more about post-trade automation?
Book a meeting with our team today!

Areas of Interest

Novations

Streamline Your Novations and Secure Trade Integrity.

Learn More