Banks pilot OCL pre-settlement tool
The banks involved in the pilot are using the DealHub matching and aggregation engines and graphical user interface (GUI) applications to review real-time daily summary positions, unmatched and matched trades, component and net trades, investigation queues and exception screens.
The live parallel test is running for unilateral internal netting between bank branches and for bi-lateral netting between counterparties. The results on inter-branch netting, including real-time testing during the two
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