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Positions · Illustrative use case

Counterparty & Swap Reconciliation

Compare OTC derivative trade details and supplied valuations between fund records and counterparty files.

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Counterparty Status
91 matched
2 breaks
Goldman Sachs
FpML
24
trades
Matched
JP Morgan
ISDA
18
trades
1 break
Citi
CSV
31
trades
Matched
Morgan Stanley
FpML
12
trades
1 break
Barclays
ISDA
8
trades
Matched
5 counterparties · 3 file formats Last sync: 2 min ago

Illustrative records and figures. Your workflow uses supplied files or configured sources, with mappings, comparison rules, and review steps agreed during setup.

The problem

Derivatives are data-dense. Even small notional or reset deltas can distort NAV or misstate exposure. Manual comparison of counterparty files against internal records is slow and error-prone.

1

Example source records

Internal trade export Counterparty trade file
Counterparty valuation reports Internal pricing model outputs
2

Differences to investigate

Trade ID mismatches
Reset dates off by one day
Notional or rate differences
Missing lifecycle events (e.g., reset not booked internally)

From comparison to review

Review the details behind a trade difference.

Define how trade identifiers, reset dates, notionals, and supplied valuation fields should compare. Check the mappings on sample records, then bring differences into an investigation with the supporting source records.

Explore reconciliation

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Bring us your workflow.

We’ll work through your source records, comparison rules, and review needs to find where Boagent can help.

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