Glossary

OMS to post-trade integration is the controlled handoff from order and execution records into allocation, confirmation, enrichment, settlement instruction, reconciliation, supervision, and reporting workflows.

The identification and mitigation of risks from failed processes, human errors, technology failures, and external events that disrupt securities operations or cause financial loss.

Outsourced execution post-trade controls verify fills, allocations, confirmations, settlement data, exceptions, and books-and-records evidence after an external desk executes a trade.

Outsourced trading controls are the oversight records, workflow checks, approvals, and evidence used when an investment manager delegates execution activity but keeps responsibility for trade records and supervision.

Payment stablecoin reserve requirements mandate 1:1 backing of outstanding tokens with high-quality liquid assets — short-duration Treasuries, insured deposits, and central bank balances.

PvP links both currency legs of an FX trade so that neither payment is released unless both are confirmed — the mechanism that prevents one party from delivering its currency and receiving nothing in return.

A performance attribution record is the controlled operating record that explains portfolio return using positions, weights, prices, cash flows, benchmarks, classifications, FX, corporate actions, and evidence.

The PBOR — a position record that extends the IBOR with return attribution, risk analytics, and benchmark data, providing the authoritative basis for investment performance measurement and client reporting.

The 24-principle CPMI-IOSCO framework that every systemically important clearinghouse, CSD, and payment system must satisfy — covering legal basis, settlement finality, money settlement, operational resilience, and disclosure.