Recalls Manager
Recalls manager can automatically issue, accept and manage recalls based on configurable rule sets.
Recalls Manager works 24/7 providing automation both inside and outside of normal operating hours without manual intervention.
Overview
Recalls Manager provides firms a platform to issue, receive and manage all recalls, with dashboards to easily see each recall's current status, the ability to query the recall between parties and automatic instruction of the returns to cover recalls using client configurable rules.
Our single solution covers everything
Benefits:
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Visibility
Manage ALL Recalls centrally with intuitive dashboard and MIS
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Regulation
Increase preparedness for T+1 market moves – initially the US and Canada in 2024
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Automation
Increase operational efficiency and reduce email traffic
Reduce latency from issuance to receipt allowing more time to cover
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Costly & Time Consuming
Reduce fails, CSDR penalties and overdraft costs
Multiple hours saved per day across Trading & Operations
Speak to a team member
Pirum’s innovative designs and focus on customer service have led to multiple industry awards over the years, most recently winning the ISF 2020 Global Post Trade Service Provider of the Year award. Please reach out and a member of our team will be happy to discuss your business needs.