Dividend Comparison

DIVIDEND COMPARISON

OVERVIEW

Compare dividend claims and payment details with Dividend Comparison, which highlights breaking information between two counterparties.


HOW DIVIDEND COMPARISON WORKS
  • Files are submitted by both counterparties 
  • Claims are compared and discrepancies identified using a multi-step algorithm
  • Counterparties resolve breaks on the browser and messaging is sent back, which can automatically update a client’s proprietary system
  • Pre-advice functionality allows users to send claim payment details; alternatively, a client can send a one-sided file and the receiver can affirm the claim and payment details

KEY FEATURES
  • Data delivery by browser entry, FTP or XLS file upload
  • Pre-advice offers payment instructions, which can be received by a firm’s proprietary system
  • Customizable tolerances by currency
  • Two-sided comparison or single file delivery with counterparty affirmation
  • Public and private comments to record notes on a break
  • Ages unresolved breaks prior to and post pay date
  • Reduces time spent manually reconciling & paying or making claims
  • History tab displays data from past runs
  • Get paid on time!