Jupiter AM says that the tradeflow system will streamline the post-trade confirmation and settlement process, allowing it to focus its resources on when a trade confirmation AHS fails, thus reducing potential exposure to settlement failures and interest claims.
Jupiter AM manages portfolio and instrument types ranging from institutional funds, unit trusts and hedge funds to offshore funds and private clients. Historically, this involved complex semi-automated processes for trade confirmation and settlement. CheckFree’s system is designed to eliminate the need for manual re-keying of data and provides an interface to other internal systems such as Jupiter AM’s order management and portfolio management systems. It also helps the firm report on broker confirmations and settlement instruction performance.
The tradeflow system is designed to allow organizations to efficiently manage, monitor and measure the flow of securities and cash transactions across the enterprise and through counterparties and settlement agents, while minimizing operational risk and increasing operational efficiencies.
