MATCH™ is a multi-user, multi-exchange, multi-currency Integrated Back Office Accounting and Trade Settlement system. With its modular design and open architecture, MATCH™ provides exhaustive functionality to handle all post-trade related activities including Allocations, Confirmation/Affirmation, Financial Accounting, Positions & Balances and Risk Management. It has built-in interfaces to capture transaction details and can be easily customized to support any existing accounting rules.

MATCH™ offers excellent customer service, risk management and efficient settlement features.

MATCH™ can be integrated with iMATCH™ and MATCH™ Messenger for sending electronic reports directly to the clients through emails, faxes or by logging online by clients.

Settlement Module:

•  Custodian Information and Preferences

•  Deal-sheet Module

•  Warehousing Trades -Booking in different sub-accounts

•  Early Pay-in functionality

•  Facility to upload trades online from iNeT.net™ , ODIN™ , etc

•  Interfaces to capture transaction details and Inventory Control

•  Generates MIS & Other Reports

•  Ability to define access control at a Group or User level

•  Handles complete settlement cycle for a member and an exchange

•  Facility of Contract & Bill Generation

•  Flexible Brokerage Rates and multiple brokerage Schemes  

Risk Management Module:

•  Exposure and Margin Monitoring

•  Advanced Margining Systems for handling complex portfolios and trading strategies – On the lines of PC-SPAN®

•  Order and Risk Simulation capabilities for Margin Calls and Position Limits

•  Valuation and Management of Collaterals. Facility for maintaining collateral baskets.

•  Extensive MIS reporting structures for Performance and Position Evaluation.

•  Positions & Balances

•  Automated Interface to handle SPAN Risk parameter files  

Accounting Module:

•  Event based memorandum accounting

•  Integrated Accounting

•  Financial Accounting (Trial Balance, P&L, GL), Tracking objections and bad delivery

•  Event based financial accounting & configurable chart of accounts