Shadow Debuts Universal Trade-Capture Capability

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Piscataway, NJ-based global securities processing, reconciliation, clearing, treasury and accounting platforms developer Shadow Financial has announced details of its Universal Trade Capture (UTC) capability.

The new feature provides broker-dealer clients with one validation and reporting procedure for the entire trade capture process. It enables back-office operations to accept or reject trade confirmations on a near-real time basis, helps to eliminate risk and exposure, and accelerates the

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