Trade Match provides an automated way to compare pre-settlement, trade data. It reconciles all the trade components of either the start or close leg of each trade type. Trade Match’s exception management reporting prioritizes the core pending settlement risk items, helping users to reduce fails and rectify trade economic discrepancies on a real-time basis. Built using the same technology as the Next Generation Trading (NGT) platform, Trade Match provides enhanced user flexibility and configurability. It is compatible to One File connectivity and allows users the ability to send multiple files throughout the day.