
Other settlement issues
Over-the-counter products are heavily used and the number of organ-
isations using them increases all the time. With some of the products
being quite complex in their structure and certainly different in terms
of the settlement process, the relationship with counterparties and
clients in particular is important.
There will be many queries related to transactions, settlement, etc.
and it is important that the operations teams within the two parties
to the trade work closely together to resolve any problems quickly.
Reconciliation is also a key issue and the reconciliation of the Nostro
accounts in particular is important ...