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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

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