Set Up Trade Recon for DTCC

Specify Match Keys

You must specify the match keys for a confirm and affirm to match for further reconciliation. Unmatched records, that is, records which do not agree on key fields, remain in the work tables for potential match to new trades.

To establish the match keys that match trade records:

1. From the Trade Recon console, click Matching Rule.
   You see the Matching Rule Property dialog box.

2. Click the Keys tab, if not already selected.

3. Select fields to use for Trade keys and Confirm keys.

4. Click OK to save the changes for your session. Or, click Save to Rule File to update the match rule in the dtc_match message stream.

Specify Matching Logic

You must specify the matching logic to apply to matched records to complete the determination of an appropriately matched confirm and affirm.

To establish the match expressions to evaluate matching trade records:

1. From the Trade Recon console, click Matching Rule.
   You see the Matching Rule Property dialog box.

2. Click the Match Expression tab, if not already selected.
   You see the Match Expression dialog box.

3. Construct the field expressions to complete the determination of a successfully matched trade using the mathematical tool set provided. You can use mathematical expressions and functions such as IIF, TRIM, and FIND.

4. Click OK to save the changes for your session. Or, click Save to Rule File to update the match rule in the dtc_match message stream.

Define Bank Account Relationships

You must define bank account relationships to map the FINS number for the custodian to the Eagle Accounting entity identifier.

To define a Bank Account Relationship:

1. In Accounting Center, in the left navigation, click Setup. 

2. Select Portfolio Setup > Custody Cash Accounts > Create Bank Account Relationship..
   You see the Create Bank Account Relationship panel.

3. Complete the fields on the Create Bank Account Relationships panel and click Submit.
   NOTE: The Code Values table carries custodian FINS numbers under code category CUSTODIAN_BANK.

Set MSGSERVICE.INI Parameters

The MSGSERVICE.INI configuration text file sets key variables used by the Trade Recon console and associated message streams for DTCC processing of confirms and affirms. The file is located in the Eagle STAR Config Files/Configuration Files/msgcenter webserver folder and the Trade Recon parameters are located in the [DTC] section of the file.

To view the file from the Eagle Recon Center main window:

Click the Quick Links tab and click the Engine Manager link from the Monitor menu. Navigate to the folder path and filename.

The following options are required for configuring the DTCC confirm and affirm reconciliation approach.