Innovation Journal - Cognizant
Innovation Journal - Cognizant
Innovation Journal - Cognizant
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RETHINK - TRADE RECONCILIATION HUB<br />
Article 05<br />
Trade<br />
Reconciliation Hub<br />
Global trade spurs need for synchronized reconciliation<br />
Globalization of financial markets and high-speed<br />
networks have increased global financial activities and<br />
financial transactions. Trade Reconciliation Hub ensures<br />
synchronization and consistency across different<br />
technical systems that record these trades. This system<br />
helps financial houses meet regulatory demands,<br />
manage risks, support a wide array of asset classes and<br />
ensure a smooth reconciliation process.<br />
“The problems of this world are only truly solved in two<br />
ways: by extinction or duplication”<br />
- Susan Sontag<br />
36