Deal with matching exceptions quickly and efficiently to reduce risk and trade fails. TDMS enables you to quickly identify breaks between your trades and the broker confirms and easily perform exception handling tasks, such as:
Notifying the correct counterparty to cancel and correct the confirm;
Log user comments and reason codes to track the exception resolution progress and track broker performance;
Force match to accept the differences in the broker’s confirm or upload “hard copy” confirms received via email, which are permanently stored and attached to the trade in TDMS;
Force affirmation of DTCC/Omgeo confirms while waiting for the trade from the accounting or trading system.
“TDMS provides a significant boost to productivity ... Managers save enough not only to pay for the
system, but also to add to the bottom-line.”