In a world where settlement times are short and due to get even shorter as international markets move towards T+1 or even T+0 settlement, every second counts. Euroclear’s artificial intelligence powered tool, EasyFocus, leverages our holistic market view on matching behaviour, based on decades of experience of settled trades to identify which trades to focus on to make the best use of available time and resources and boost settlement efficiency.
EasyFocus: from pairs to a perfect match
EasyFocus takes pending instructions and finds the best candidate for a match from counterparts’ instructions, providing the details of both instructions so it’s quick and easy to check if it’s the right pairing.
It then provides two metrics that help you assess the likelihood that the pending instruction will match: the matching score, the predictive likelihood that any pending instruction will be matched based on your usual behaviour and the matching quantile which shows what percentage of past trades we would have expected to have matched by this time in the process with your counterparty.
EasyFocus identifies the trades with the largest impact on CSDR penalties should they ultimately fail – the trades that should be prioritised to fix for the biggest gain. To help to focus quickly and efficiently on what needs fixing, EasyFocus provides both ISO fail codes and a narrative in unmatched fields so it's easy to identify what to investigate and fix.
EasyFocus reports are produced every hour from 6:00 to 17:00 CEST, so progress can be monitored throughout the day.
The following video explains the features of EasyFocus reports and how they start with a pair and end with a perfect match.
If you are an existing client, contact your Relationship Manager to discuss the initiative.
If you are new to Euroclear, contact us to learn about the full range of services we can offer to help you manage your business.
If you are new to Euroclear, contact us to learn about the full range of services we can offer to help you manage your business.
