Meritsoft, a Cognizant company

A leading global custodian turned to Meritsoft’s market-leading automation solutions to manage its penalties processing and interest claims operations. Find out how our technology and expertise enabled them to fulfill their CSDR compliance obligations, expedite the issuing and recovery of claims, stabilise staffing levels, and minimise risk. Download our case study now: https://lnkd.in/en-G5bKQ For more information on how we can assist with streamlining your CSDR penalty processes and interest claims for failed trades, please contact us by email: MeritsoftCapMarkets@cognizant.com #posttrade #csdr #settlements

Great to contribute to this piece from Banking Risk and Regulation on the US switchover to T+1 last week, and some of the immediate impacts this has had. Read the full piece here, with insights from our CEO Daniel Carpenter on why wider market trends – such as the high-interest-rate environment – must be considered when addressing settlement fails in the shorter timeframe: https://bit.ly/4c952CY Get in touch today if you would like to discuss how Meritsoft can help streamline your settlement operations: MeritsoftCapMarkets@Cognizant.com. #posttrade #automation #tplus1 #settlementfails

AI continues to be the focus of discussion across the industry. From automating manual processes to forecasting trade settlement status, the potential is limitless. If you’re attending The Network Forum Annual Meeting in Warsaw next week, be sure to catch this panel session featuring our CEO Daniel Carpenter. He’ll be sharing his insights, highlighting where AI can bring ever-greater levels of efficiency to banks' operations. Take the opportunity to learn more about Meritsoft, a Cognizant company’s Trade Tracking and Exception Manager (TTEM), designed to optimise settlement efficiency and reduce the cost of fails. TTEM features AI-driven forecasts showing settlement status at market cut-off. Pre-integrated with the Taskize platform, seamless communication with internal and external stakeholders accelerates issue resolution. Meet our experts, along with representatives from Taskize, to see TTEM in action and discuss how our partnership can help transform your settlement operations. The team will also be on hand to update you on how we’re helping firms optimise their brokerage fees and billing processes, improve asset servicing and interest claims management and simplify transaction tax processing workflows. Please drop us a line at MeritsoftCapMarkets@cognizant.com if you would like to arrange a meeting at the event. Click here for more about the conference: https://bit.ly/44FmJra We look forward to seeing you there! #TNF #AI #posttrade #automation

We are looking forward to being part of the upcoming The Network Forum Annual Meeting. There is much to discuss as the industry continues to face new challenges and opportunities. Our team will be available to update you on the latest developments in our solutions for trade expense optimisation, claims management, transaction tax processing and settlement efficiency. We’ll also be showcasing TTEM (Trade Tracking and Exception Manager), our new platform developed to increase settlement efficiency rates and reduce the cost of fails. Be sure to visit our booth to learn more. Click here for more about the conference: https://bit.ly/44FmJra. Get in touch if you would like to arrange a meeting at the event: MeritsoftCapMarkets@cognizant.com Looking forward to seeing you there! #TNF #posttrade #Tplus1

Today, we are pleased to announce a new partnership with Taskize. We have integrated Taskize’s collaboration and workflow functionality into our cross-asset Trade Tracking and Exception Manager (TTEM) as we work to further enhance settlement operations for market participants.   Launched earlier this year, Meritsoft, a Cognizant company’s TTEM platform offers deep insights into the trade lifecycle to help firms increase settlement efficiency and reduce fail rates. This partnership enhances the platform’s capabilities further by allowing operations teams to resolve queries with counterparties in a faster, automated way. This comes amidst growing pressures to resolve settlement issues rapidly, with the imminent implementation of T+1.   To find out more, including connectivity benefits and AI-enabled features, click here: https://lnkd.in/eA_6_u4d If you would like to discuss how we can help streamline your settlement operations, please drop us a line at MeritsoftCapMarkets@Cognizant.com.

We are really looking forward to participating in the #TaskizeForum2024 #NewYork tomorrow for a series of discussions focussed on driving efficiencies in post-trade.   Our CEO Daniel Carpenter will be joining a lineup of speakers including BNY Mellon's Adam Watson, MBO Partners' James K., Symphony's Rob Friend and Xceptor's John Joseph in a series of sessions moderated by Taskize experts.   We look forward to seeing you there for what promises to be a great event!   #FinancialServices #FinTech #PostTrade

As market participants face the move to T+1 settlement for US equities in May, much attention has been focused on when - and if - Europe will follow suit.   Last week the European Securities and Markets Authority (ESMA) published its industry feedback report, revealing stakeholders’ views on the prospect of shortening the settlement cycle in the EU. The resounding takeaways are the operational impacts the move could have, including regional fragmentation and an increase in penalties incurred for fails.   The pressure is on for firms to address their settlement operations in a bid to minimize costly shortcomings. This highlights the importance of end-to-end solutions such as our Trade Tracking and Exception Manager (TTEM), launched last week and designed to help future-proof financial institutions against such market structure and regulatory changes. Read about it here: https://lnkd.in/edR3c9xP Get in touch with the team today to discuss your requirements: MeritsoftCapMarkets@Cognizant.com

Today, we are excited to announce the launch of our Trade Tracking and Exception Manager (TTEM) solution.    Faced with CSDR penalties, T+1 settlement timeframes and rising levels of interest claims, financial institutions now require much deeper insights into their settlement operations. This new tool will enable market participants to realize greater operational efficiencies, reduce settlement failure rates and associated costs, and enhance client servicing and reporting.    To learn more about TTEM and the new features we provide, including the predictive AI module, click here: https://lnkd.in/edR3c9xP If you would like to discuss how we can help you streamline your settlement operations and trade failure resolution processes, please drop us a line at MeritsoftCapMarkets@Cognizant.com.   #settlements #CSDR #T+1 

We are delighted to learn that Meritsoft, a Cognizant company’s Tax Manager has been nominated in the RegTech Insight, from A-Team Group awards. Tax Manager is a powerful automation platform that streamlines transaction tax processing workflow to enable the timely and accurate payment and recovery of transaction taxes, including French, Spanish and Italian FTTs. Voting for the award is open until 5pm (UK) on Tuesday 26th March 2024 and we would welcome your support. You can cast your vote here: https://lnkd.in/dvXhCnJi Thank you for your support! If you would like to learn more about how Meritsoft’s Tax Manager can support your global transaction tax operations, please get in touch at MeritsoftCapMarkets@Cognizant.com. #RTIawards #regtech #regtechawards #FTT

“Nothing like a blockbuster merger to kick-start 2024.” The merger of Panmure Gordon and Liberum signals ongoing consolidation in the City and, consequently, puts research costs back under the spotlight. The research unbundling rules introduced under MiFID II led many to overhaul their existing processes. However, continued industry consolidation has meant that the sentiment has since shifted again, raising questions for UK brokers about the need to readdress processes around research payments. In this opinion piece in City AM our CEO Daniel Carpenter explores the potential impacts highlighted by this latest merger and why transparency should take a central role in considerations. Read the full article here: https://bit.ly/3HwacM0 #PanmureGordon #Liberum #researchcosts