Clearing, settlement, risk and CSD solutions for the world’s markets - in real-time
Based on MillenniumIT’s advanced ultra-low latency technology platform, Millennium PostTrade™ comprises a suite of fully compatible functional modules.
We simply assemble the necessary modules and configure the solution to suit your need. Millennium PostTrade™ features:
- High availability with no single point of failure.
- Real-time (or batch based) clearing.
- Settlement processing and reporting.
- Corporate Actions.
- Cross border settlement (T2S or Direct).
- Risk management.
- Depository services.
- Advanced collateral management and securities lending services.
- Trade and external data management through STP.
- User, account and position modelling.
Using the inherent flexibility built-in to Millennium technology, Millennium PostTrade™ can handle various market structures and multiple asset classes including:
- Markets based on CCP and non-CCP models.
- Beneficial owner level accounting or street level accounting.
- All three BIS settlement models.
- Varying settlement cycles and OTC/Exchange-based trade matching.
Key customer benefits:
- Pre-trade risk management: preventing failure is better than detecting it. Millennium PostTrade™ compute’s exposure at the time of every position update. This real-time risk profile (based on portfolio-risk or value-at-risk based quantification techniques) together with a trading system can provide pre-trade risk management. Real-time cash and securities forecasting allows participants to act on possible shortfalls well ahead of the settlement date.
- Reduced cost with true straight through processing. MillenniumIT’s dedicated message management fully integrates Millennium PostTrade™ with any institution or system. This enables true, cost effective, straight through processing (STP) - and improves operational efficiency and minimises input errors. Millennium PostTrade™ reduces operational cost through a fully automated daily cycle and automated operations and monitoring tools.
- Scalability: Millennium PostTrade™ can seamlessly scale-up to meet future needs.
Contact the MillenniumIT Sales Team for more information