TCS Post Trade Package (referred to as "TCS Package" hereinafter) helps wholesale traders and brokers process back office operations beginning from order confirmation until settlement with the minimum human intervention involved.
TCS Package provides users with STP capability in JASDEC and BOJ environment, which will eventually meet the coming T+1 requirements.
✓Assist function to repair message etc. and reduce human intervention and cost thereof
✓Cross-boarder operation : ISO 20022 messaging, Non-resident function, multilingual GUI
✓Detect discrepancies in settlement matching and minimize human-made operational errors
✓Competitive price setting and scalable service selection to reduce OPEX
Our product best fits for FIs such as broker/dealer and banks, especially when considering:
・Expansion of business into the wholesale market in Japan
・Replacement of legacy system, or system cost reduction
Our product covers such financial instruments as:
・Major listed stocks and securities, stock lending, investment trust
・JGBs
Mitigate the operation workload by sidelining pending notices and secure STP capacity
Illustration to show how to handle pending notices in effective way
・One-stop capability of overseeing order placement and settlement status
・Fully compliant with hundred-plus JASDEC message formats
・universal protocol of messaging based on ISO20022 format, fully compliant with JASDEC messaging rules
・multilingual option, Japanese or English, available at login screen
・Operational risk and burden are smaller than those in manual workflow using JASDEC terminal
illustration of difference in workflow and human intervention
・Straight Through Processing and automated workflow help users reduce manual data entry, verification and subsequently OPEX.
・Competitive system cost to bring the significant benefit (when compared with the other vendors' price
surveyed by TCS)
・Flexible options available for customers who prefer to use the service selectively
・The number of alarming transactions are displayed on real-time basis, arranged and itemized by types of operation i.e. PSM or settlement, and by error-status i.e. unmatched or pending settlement.
・Users are guided from the landing page to the right screen seamlessly and intuitively, step by step, shown as below.
・Settlement status search screen displays the pending status or the completion of transaction. Users can narrow down the information when necessary.
・In response to the request made into the screen, the resulting screen indicates the detailed information of the transaction, along with the history and associated messages.
・Given such function, users can make a quick and accurate response to the customers' inquiry about their transactions.
・When users review a message and find that it requires an amendment, it can be repaired and dispatched on the spot via this screen.
・Designed to meet the requirements / demands for internal control and automation, especially among FIs.
・User profile options to / not to grant the privilege, and operational log data collected and archived herein.
・ASP is recommended as TCS can host and run the system in its data center.
・Data connection, interface with the legacy system of users can be established in flexible manner.
※ Recommendation OS:Windows10、Web browser:Google Chrome
・As TCS monitors the system in our data center 24/7 365, users need to pay little atttention in terms of system maintenance.
・The data centar is resistant against disaster and security risk.
High standard pre-settlement matching solution
TCS JASDEC/BOJ PostTrade package