FailStation®
FailStation is an industry utility that aggregates failed trade and settlement pre-matching data for ALL counter parties in real time. Allowing the user to identify and resolve the trade more quickly and efficiently.
Why FailStation?
- No other current standardized fails report
- FailStation standardizes both the content and method of sending and receiving fails reports
- No other efficient method for aggregating failed trade information
- FailStation aggregates REAL-TIME failed trade information in a single web portal
- No other current method to compare Broker and Custodian data
- Failstation compares and identifies cause of failed trades
- No other efficient method of performing metrics on data for multiple counter parties
- FailStation allows efficient and comprehensive analysis by:
- » Cause of failure
- » Currency
- » Securities
- » Custodians
- » Brokers
- No other effective method of pre-matching high risk market trades for multiple brokers
- FailStation efficiently aggregates pre-matching and failed trades across any number of Brokers and Custodians
FailStation reduces - * TIME * COST * RISK
FailStation - Investment Manager
FailStation - Broker/Dealer
FailStation - Custodian