Status aggregation
Collect broker/custodian settlement state.
MIDDLE OFFICE SERVICES
Settlement monitoring before trades become failures.
Track matching, instructions, funding readiness and settlement status across brokers, custodians and counterparties, with at-risk and failed trades owned through resolution.
Overview
Settlement monitoring follows trades through confirmation/matching, instruction, funding and final settlement. The control objective is early identification and resolution of unmatched, underfunded or failed transactions.
The service supports active portfolios and complex asset classes where settlement status, funding readiness and provider follow-up require continuous oversight.
Our capabilities
Readiness checks
Identify missing matching, settlement instructions or funding before contractual deadlines.
Follow-up
Assign required follow-up to the responsible internal owner or appointed provider.
Failed trade management
Track failed-trade reason, financial impact, resolution action and final closure.
Post-settlement reconciliation
Connect outcome to cash/positions.
Service coverage
Core records
- Trade blotter
- Broker confirms
- Custodian status
- SSI/reference data
- Cash/position availability
Operating activities
| Step | Activity | What happens |
|---|---|---|
| 1 | Load | Capture expected settlement. |
| 2 | Check readiness | Validate match/instruction/funding. |
| 3 | Monitor | Track status/cut-offs. |
| 4 | Escalate | Route at-risk/failed trades. |
| 5 | Resolve | Record provider action. |
| 6 | Reconcile | Confirm final cash/position. |
Reporting and oversight
- Settlement dashboard
- At-risk queue
- Failed trade report
- Root-cause analysis
- Provider follow-up log
What clients gain
Consolidated settlement status
Collect broker/custodian settlement state.
Earlier readiness issues
Identify missing matching, settlement instructions or funding before contractual deadlines.
Clear owner follow-up
Assign required follow-up to the responsible internal owner or appointed provider.
Faster failed-trade resolution
Track failed-trade reason, financial impact, resolution action and final closure.
Governance and integration
Settlement Monitoring is delivered through defined responsibilities, controlled records and documented review. Material exceptions, judgements and approvals remain visible and attributable throughout the operating process.
- Settlement-date/cut-off alerts.
- SSI change control.
- Aged failed-trade escalation.
- No securities execution by Kelton.
Expertise and delivery
Experts behind the service.
Relevant professionals support service design, exception review and delivery governance where specialist judgement is required.
Meet our Experts & ProfessionalsTechnology that supports control.
Controlled data, workflow and review capabilities support consistent execution, transparent oversight and traceable evidence.
Explore Technology & ExpertiseConfigured around your operating model.
Services can be delivered through managed operations, technology enablement, co-sourced delivery or transition support.
See How We WorkFrequently asked questions
Is this part of Trade Operations?
Yes. It can form part of a broader trade-operations mandate or be introduced as a focused control over settlement readiness and failed trades.
Why early warning?
The best outcome is to resolve readiness issues before contractual settlement date.
What follows settlement?
The outcome should feed cash/position reconciliation and accounting.
Discuss Settlement Monitoring
Start with one workflow, one operating issue or one provider transition. We will map the current process, responsibility boundaries, required data and a practical first engagement.