xpass – Straight Through securities processing.
xpass OVERVIEW
The reliable basis for the entire securities process, the flexible IT platform xpass, is based on a platform architecture. It fully integrates internal and external entities and automates the entire workflow. This is managed easily with xpass across all internal systems involved and across all participants involved such as customers, stock exchanges and trading platforms.
Proven and customised
xpass automates and optimises the transaction flow, making it the perfect solution for matching orders, enriching business information and communicating with internal and external systems.
Using xpass, different business processes can be mapped based on the connectivity layer:- Trading: Features for order management in the front office.
- Post Trading: Supports the workflow for mapping booking logics in securities processing with additional functions.
- Settlement: Supports the storage and maintenance of Standard Settlement Instructions, the reading of SSIs from DTCC ALERT and the management of the entire settlement process.
- Reconciliation: Supports data reconciliation and consolidation from different accounting sources.
- Corporate Actions: Support automated and traceable processing of corporate actions for proxy voting.
