Session
Settlement Conversion Check
Reconcile the converted amount on a settlement instruction against the OTC quote that justified it.
Overview
Ops teams often inherit a settlement amount that does not quite match the OTC conversation from earlier in the day. This session places the original quote and the settlement instruction side by side on the calculator and records where the conversion drifted.
Included
- Line-by-line conversion rebuild
- Identification of rounding or FX-leg assumptions
- Annotated PDF for your settlement file
Preparation
Bring both the OTC quote pack and the draft settlement instruction. If amounts are sensitive, we can work from redacted notionals as long as ratios remain intact.
Next step
Contact the desk with “Settlement Conversion Check” and your preferred afternoon slot.