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
- 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!