Post-Trade Clearing and Reconciliation
Stop chasing the 4pm fail. Catena matches, breaks, and settles before the desk even sees it.
Catena Clearing reconciles the post-trade flow that still bounces between email and spreadsheets. It matches confirms against the street, flags the breaks that matter, and drives settlement on time, so your ops desk closes the day instead of hunting a fail into the evening.
Processes confirms from
The ops desk reality
Settlement fails do not happen at 4pm. They start at 9am in your inbox.
Your confirms arrive by email. Open positions live in a spreadsheet. Matching them takes two hours every morning. Breaks are found by feel, not by system. By the time the mismatch surfaces, the deadline is an hour away.
How Catena works
Three steps. No IT project. Matches start day one.
Ingest
Catena reads incoming confirms from email and CSV drops, no IT project required for standard formats. Gmail, Outlook, IMAP, and file-drop sources connect in minutes.
Match
The matching engine compares each confirm against open positions and counterparty confirms, flagging quantity, price, settlement date, and ISIN mismatches with the exact field-level discrepancy.
Alert
Breaks are surfaced before cutoff, showing exactly which fields conflict and which counterparty owns the discrepancy. Your desk resolves, not hunts.
of breaks detected before the 2pm cutoff
saved per desk per day on average
trading desks using Catena today
What ops desks say
Fewer morning fire drills. More closed days.
"We used to spend the first three hours of every morning sorting email confirms into our spreadsheet. Catena cut that to under 30 minutes and we stopped missing breaks before London close."
Managing Director, Operations at Whitehall Prime Advisors
"Fixed income settlement has too many moving parts for a manual process at our volume. Catena gave us a reliable audit trail and we stopped getting calls from our custodian about fails."
Head of Fixed Income Settlements at Thorngate Securities
Pricing
Flat monthly rate. No per-trade fees. No surprises.
From $1,400 per month. No per-trade fees. Cancel any month.
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