SmartStream Technologies
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Utilities Data Management (DClear)

Rising back-office costs, high levels of trade breaks and insufficient risk controls are forcing firms to rethink their back office processes. DClear Utilities provides shared data and trade processing services for banks, brokers and money managers, creating flexible shared utilities that can process financial instruments across their entire lifecycle.

DClear’s Utilities are an on-demand style platform that enables clients – whether banks, asset managers or hedge funds – to retain market differentiation with an industrial operational model for common processing services.

These Utilities:

  • Lower the cost-per-transaction – through greater standardisation and harmonisation across every instrument type throughout their transaction lifecycle.
  • Strengthen risk management – by integrating active alerting and exception management to boost transaction processing efficiency and risk control.
  • Increase trade visibility – through real-time dashboards and reporting capabilities ensuring unparalleled visibility into all aspects of the Utility’s processing.
  • Improve customer service – through the timely delivery of accurate data in the format required to the right person through and an advanced customer self service system, ensuring service level agreements are monitored in real-time.
  • Create cost-effective, flexible back office processing venue – delivering exception-based processing, auto enrichment of SSI’s, escalation and alerts, automated confirmations, confirmation matching, order/trade matching, real-time settlement status and position management.
  • Lower ongoing operational costs – the Utility includes test environment systems, high availability production systems that limit downtime and full Disaster Recovery based on the highest industry standards.