18 October 2017
Register now

Tokyo-Misubishi International streamlines exceptions processing with SunGard

23 July 2002  |  3738 views  |  0 Tokyo-Misubishi International streamlines exceptions processing with SunGard

Tokyo-Mitsubishi International (TMI), a wholly owned subsidiary of The Bank of Tokyo-Mitsubishi, has chosen SunGard eProcess Intelligence's intelliMatch EP solution for real-time exception processing in cash and securities settlement.

In the latter part of 2001, TMI implemented fully automated reconciliation capabilities for cash and securities (both positions and activity).

TMI will now use intelliMatch EP's automated exception reporting capabilities to report in real-time on status, exceptions, urgent incomplete processing and data integrity for business areas involved in cash and securities settlement.

Real-time data streams are taken into intelliMatch EP from internal transaction processing systems, internal databases, and all associated Swift traffic. The data includes information on every stage of transaction processing from initial booking to settlement, and from front-office to back-office and all external communications.

Chris Dowd, head of process control, operations department at TMI, comments: "While it is often possible for support operations to predict some of the peaks and troughs of processing volumes, there will always be unexpected peaks, or worse, sudden long term increases. Higher volumes mean more exceptions, and therefore in a manually controlled processing environment, disproportionately greater levels of risk of those exceptions causing problems and costs. Institutions that can maintain their exception processing quality levels even during these 'hot spots' undoubtedly enhance their reputation and attract more business."
KeywordsBUY SIDE

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

SmartStream introduces Corona alerts module

SmartStream introduces Corona alerts module

22 July 2002  |  2915 views  |  0 comments
SIA postpones T+1; introduces new STP programme

SIA postpones T+1; introduces new STP programme

19 July 2002  |  7261 views  |  0 comments
SunGard to buy Brut ECN - WSJ

SunGard to buy Brut ECN - WSJ

09 July 2002  |  6530 views  |  0 comments
BlueBay selects SunGard for integrated trade order and risk

BlueBay selects SunGard for integrated trade order and risk

12 June 2002  |  4192 views  |  0 comments
Brewin Dolphin implements SmartStream Reconciliations

Brewin Dolphin implements SmartStream Reconciliations

10 June 2002  |  3178 views  |  0 comments
ING banks on SunGard for credit risk management

ING banks on SunGard for credit risk management

05 June 2002  |  3314 views  |  0 comments
ABN Amro Futures streamlines trade processing with SunGard

ABN Amro Futures streamlines trade processing with SunGard

31 May 2002  |  5306 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.sibos.com visit www.vasco.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15203 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8401 views comments | 16 tweets | 21 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
7917 views 0 | 7 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7360 views comments | 13 tweets | 8 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6518 views comments | 8 tweets | 16 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job