The GlobeOp Financial Services integrated OTC derivatives processing platform is now offering on-demand access to valuation and reconciliation processing through GoOTC.

The service is available from a single web-based portal. Through the platform fund managers will be able to obtain increased transparency across over the counter (OTC) trade lifecycles and will be able to demonstrate independent portfolio pricing and valuation confirmation to investors.

GlobeOp currently processes around 3% of the daily global OTC derivatives trade volume. The GoOTC platform supports full post-trade lifecycle management including trade capture, valuation, reconciliation, operations, collateral management and documentation.

The added features enable fund managers to filter portfolios based on reconciliation and confirmation status, and to drill down to and compare trade-specific valuation details.

The valuation enhancements include increased visibility of comparative detail from multiple pricing sources. Trade valuation and tolerance status is available together with current and historical valuations.

A reconciliation process monitoring enables fund managers to access counterparty position and valuation reconciliations. Drill-downs to breaks and resolution audit trails are possible.

Trade status transparency includes customised reconciliation and trade documentation search criteria. Colour-coded indicators provide fund managers with a quick overview of reconciliation and confirmation processes.