CLS’s new post-trade monitoring and reporting tool, CLSTradeMonitor, has gone live with the first asset managers, including Mesirow Financial and Mountain Pacific Advisors.
CLSTradeMonitor delivers a real-time consolidated view of the match status details for all trades submitted to CLS. It aims to help asset managers efficiently manage their executed FX trades across all of their custodian banks. Trade status details are available across CLSSettlement providers and counterparties.
CLSTradeMonitor was built in combination with CLSNet, a bilateral payment netting platform built on a distributed ledger technology (DLT) platform.