USE CASE

ETD clearing

Rapidly build transparent, automated controls for ETD clearing

When executing, allocating and clearing ETDs, errors in trade, position or margin data can create significant risks – from poor deployment of capital to errors in client reporting and regulatory scrutiny.

You need a solution that can help you trust your data in the face of daily mark-to-market valuations, multiple regulatory regimes and varying data requirements from exchanges and CCPs.

How Duco adds value

Duco can automate reconciliations between internal records and systems like XTP and GMI or exchanges. Whether it’s trades and positions, fees, or using Duco’s connected processes capability to view total equity, we can help you eliminate expensive, slow manual processes involved in ETD clearing reconciliations.

Clients trust us because we offer:

Flexible ingestion from systems including ION, FIS, Murex and Summit - no ETL and no column limits
Higher volume processing and intra-day checks - thanks to our scalable, in-memory architecture
Advanced total equity capabilities - link processes and save time on root cause analysis and process validation

CHALLENGE
Wide, complex data
Fractional pricing, varying date formats, data from different sources can all create havoc when trying to reconcile, leading to manual workarounds and unnecessary investigations of false breaks.
UNCOMPLICATE YOUR DATA
Duco is schemaless, handling wide, complex derivatives data without pre-transformation. Messy data is normalised and transformed in the platform, without the need for additional solutions.
CHALLENGE
Less than impressive match rates
Daily mark-to-market valuations on contracts can make it difficult to match transactions. Break investigations can be slow and manual, and breaks do more damage the older they get.
IMPROVE MATCH RATES AND SPEED INVESTIGATIONS
Duco eliminates false breaks, delivering better match rates from the start so your team can focus on true problems. Automated workflows speed up those investigations, automatically routing problems to the right team for remediation.
CHALLENGE
Significant market movements
Sudden market movements can play havoc with valuations, leading to incorrect collateral allocation, incorrect capital allocations and poor risk management.
HANDLE WHATEVER THE MARKET THROWS AT YOU
Duco can help you reconcile accurately and fast, with automated processes triggered at specific times, or as data comes in. Connected processes provide a total equity view to ensure collateral is in the right place across desks, regardless of market movements.
CHALLENGE
Transparency & auditability
Manual workarounds and managing investigations via email negatively impact auditability. Without a clear understanding of who did what and when, it’s difficult to ensure that the right decisions are being made.
TRUST YOUR DATA…AND HOW YOU GOT THERE
You can view Duco’s audit logs at an exception level, seeing what the problem was, who handled it and what was done. Duco processes are also self-documenting, so you can see all the parameters of a reconciliation – from inputs to match rules – in one automatically generated PDF.