Sigrid replaces opaque, side-of-the-trade reconciliation with a shared pair room backed by deterministic identity and field-level diffs.
| Status | Match | Reason | CP | Aging |
|---|---|---|---|---|
| break | MCH-8821-FZQ2 | Rate / spread | UBS | 23m |
| break | MCH-8822-LMD9 | Dates | J.P. Morgan | 47m |
| awaiting | MCH-8823-VNT7 | — | BlackRock | 1h 24m |
| break | MCH-8824-RK1P | Notional | UBS | 2h 15m |
Sigrid installs as a sidecar inside your own network, next to your OMS. It reads your native trade events, derives the identifier locally, and attests only the canonical economic terms to a pair room shared with one counterparty. Both sides run the same thing.
Murex, Aladdin, ThinkFolio or a CDM feed emits a book, amend or cancel — in its native shape, with all its proprietary fields.
The sidecar maps the ~15 fields that determine economic identity to canonical form and derives the Sigrid on-prem. Your raw message never leaves.
Only the canonical terms + Sigrid are attested, scoped to that one counterparty. Same terms → same Sigrid → confirmed. Different → break, field named.
The canonical terms are what make a field-level diff possible on a break. They are scoped to a single counterparty pair and never shared beyond it.
Sigrids are derived from canonical trade terms. Identical canonical inputs produce identical Sigrids. Different inputs produce different Sigrids — there is no ambiguity about whether two sides agree on the trade.
A shared operating surface scoped to a specific pair of counterparties. Both sides see the same queue, the same statuses, and the same field-level break detail.
Open a break to see both sides' canonical attestations, the exact field-level diff, and the reason taxonomy. Accept the counterparty's version, add a note, or mark investigating — all in one place.
Awaiting items get their own aging buckets, not just timestamps. Both sides see the same bucket (fresh / warm / hot / SLA) and can open an item and take shared ownership.
Every note, action, and status change is scoped to a match and recorded with actor, party, and timestamp. Designed to be the authoritative shared log between two desks.
We have 37.25 confirmed from the trader.
Our booking shows 37.30, investigating.
Amendments and novations don't fragment the story. Related Sigrids are nodes on a shared timeline from root to current, visible to both counterparties.