Benefits
Confirmation Copy offers you valuable benefits:
- Fast and cost effective implementation: There’s no software to manage. You use your existing, secure Swift connectivity.
- Matching is independent of solutions used by your counterparty, because your matching provider receives all of your sent and received confirmations.
- Your choice of matching provider. You choose which third party provider to work with – and it’s easy to change when you need.
- Local or central matching – depending on the provider you choose.
All third party matching providers commit to defined service levels for their Swift connectivity by subscribing to the Swift Premium support services, and passing an annual ‘Health Check’ to assess the operational health of the matching provider infrastructure. This check is performed on the matching provider’s prime infrastructure (SNL, Alliance Gateway, Access/Entry) and its underlying operating system. The purpose is to provide early detection of potential problems and so reduce operational risk.
Matching provider |
Memo of understanding |
Matching providers Swift interface status |
Implementation status |
---|---|---|---|
Signed |
“Health Check" completed and live traffic |
Implementation in progress for MT300, MT300 excluding CLS, MT305, MT306, MT320, MT330, MT340, MT341, MT360, MT361, MT362, MT399, MT600 and MT601 | |
Calypso Technology | Signed | “Health Check” completed and live traffic | Implementation in progress for MT300, MT300 excluding CLS, MT305, MT306, MT320, MT330, MT340, MT341, MT360, MT361, MT 399, MT600 and MT601 |
CFETS Post Trade Processing Platform “PTPP” | Agreed | “Health Check” in Progress | Implementation in Progress for MT300, MT305, MT306, MT320, MT330, MT340, MT341, MT360, MT361, MT362, MT600 and MT601 |
FIS “IntelliMatch Operational Control” |
Agreed |
"Health Check" in progress |
Implementation in progress for MT300, MT300 excluding CLS, MT305, MT306, MT320, MT330, MT340, MT341, MT360, MT361, MT362, MT395, MT396, MT399, MT600 and MT601 |
Signed |
"Health Check" completed and live traffic | Live for MT300, MT300 excluding CLS, MT305, MT306, MT320 and MT600 |