Exposure Matching

Reduction in cash liquidity is leading to record levels of non-cash collateral being pledged across all markets. Traditionally counterparties agree their non-cash exposure manually with differences resolved by performing a lengthy tick back across all loan and collateral data.

With the Pirum Exposure Matching service the exposure across all counterparties can be seen on a single screen and the specific root causes of any differences with the counterparty are instantly visible to both sides. Real-time updates from client systems ensure that exposure is always agreed using the most up-to-date data available.

On-line corrections allow rapid agreement of exposure, freeing up time to concentrate on other issues.

With the ability to instantly quantify and resolve differences, from the number of days accrued interest on a single bond to the FX rates used across the book, exposure can be accurately managed on a daily basis with minimal resources.