Elements and Performance Criteria
- Process transaction documentation
- Transaction documentation is received from dealer and promptly checked for accuracy and completion according to organisational guidelines
- Details on transaction documentation are entered into the organisation dealing system using appropriate technology
- Organisational records are reviewed to ensure that master agreements are in place before confirmation processes are conducted
- Complete confirmation processes
- Organisational confirmation documentation is produced and forwarded to client for approval and authorisation
- Authorised confirmation documentation is received by organisation and the financial transaction completed according to confirmed settlement procedures and organisational and industry requirements
- Confirmation documentation is forwarded to client outlining settlement exchange details