Irreconcilable differences in your swaps book?

GEM helps firms to reduce errors in OTC derivatives booking data by advising on STP using FpML and by providing FpML reconciliation products.

Top Headlines

Aug, 2007 - Impact of Recent Events.

Read about the impact of recent market events on standards and reconciliation in GEM's August Financial Standards Flash.

Dec. 12, 2006 - Mediator license sale announced.

GEM and T-Zero announce integration of GEM's technology into T-Zero's platform.

more...

Feb, 2007 - GEM Product Enhancements.

Read about it in GEM's February Financial Standards Flash.

April, 2006 - FpML Mediator 2.0 is here.

FpML Mediator 2.0's new user interface for reconciliation has been delivered to clients for use in both OTC and non-OTC products.

Case Studies

BNP Paribas uses GEM's FpML Mediator to perform real-time reconciliation of their front office to back office STP feed for interest rate derivatives.

Result: 99%+ of trades and amendments reconciled automatically, lower error rate and less effort.

GEM developed the technical specification for the Data Standards Working Group (DSWG), a group of hedge funds needing detailed daily cross-product OTC derivative position reports from dealers.

Result: a dozen derivative dealers can now send daily inventory listings with valuations and settlement information in a standardized form to over a dozen funds. The Asset Managers Forum of the Bond Market Association has recommended this as a best practice for electronic derivatives position reporting.