Benefits

How iMeta SSI can benefit your organisation:

The combination of automation and validation features reduces the time it takes for settlement instructions to reach your settlement system(s), whilst also ensuring the SSIs are accurate. This prevents settlement failures and its impact on service to customers
iMeta SSI offers flexibility for customisation in key areas such as in iMeta’s data model, integration layers, validation and workflow – delivering immediate business benefits to your SSI management
Supporting a range of integration approaches means that iMeta SSI can be delivered using your existing infrastructure. The platform integrates with both client onboarding and settlement systems, achieving automated straight-through processing. Settlement instruction data can be distributed to multiple settlement systems; ensuring the centralisation of SSI data across business streams and/or departments
With iMeta SSI as a central repository, the process for managing settlement instructions is consolidated and simplified, so there is one single location in which to audit the SSI management process and run your SSI related reporting
Having a single tool to manage the validation of SSI data and supporting data, ensures high quality settlement instruction data is achieved. iMeta consolidates SSI validation rules into a single location, which significantly improves data quality and reduces the time it takes to react to changing market best practice
iMeta SSI is delivered by a highly skilled team, with over eight years of experience of delivering automated settlement instruction management. This includes working closely with Omgeo; building and maintaining our certified ALERT interface. With extensive knowledge of integration technologies, we understand the details of market best practice, and design our innovative solution to fit each customer’s specific needs
Having the settlement instruction data centralised in a single repository enables a ‘golden copy’ to be maintained. This provides significant benefits, such as reducing the overhead of duplicate maintenance and repair, and the consolidation of the validation, workflow and audit process; which delivers a single, up to date source for distribution
The combined effect of iMeta SSI’s unique features offers distinct advantages over competitors who use a largely manual settlement instruction management process. Reduced manual effort and its associated costs, in conjunction with increased data quality, enhanced audit facility and the ability to adapt to future changes, means clear, measurable advantages are achieved