SIGRID
Launch Demo
Product

A shared workbench for bilateral OTC exceptions.

Sigrid replaces opaque, side-of-the-trade reconciliation with a shared pair room backed by deterministic identity and field-level diffs.

Open demo Pair Room Request a design partner slot
Pair Room · L&G ↔ UBS
last refresh · 14:02:31 GMT
Confirmed
1,214
Breaks
27
Awaiting
41
Match rate
94.2%
Exception queue
StatusMatchReasonCPAging
breakMCH-8821-FZQ2Rate / spreadUBS23m
breakMCH-8822-LMD9DatesJ.P. Morgan47m
awaitingMCH-8823-VNT7—BlackRock1h 24m
breakMCH-8824-RK1PNotionalUBS2h 15m
Break · MCH-8821-FZQ2IRS · 5Y
L&G Sigrid
SGRD-IRS-5Y-8F3K…C7Q1
UBS Sigrid
SGRD-IRS-5Y-8F3K…T0X4
Field
L&G
UBS
fixed_leg.rate
3.7250%
3.7300%
float_leg.spread_bps
12
10
01

Deterministic identity

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.

  • Canonical form covers economic and lifecycle fields.
  • Same inputs → same Sigrid, independent of who derives it.
  • Auditors can re-derive and verify a Sigrid from its inputs.
L&G attestationSGRD-IRS-5Y-8F…2AD-C7Q1
UBS attestationSGRD-IRS-5Y-8F…2AD-C7Q1
→ Match. Same canonical terms → same Sigrid.
02

Bilateral pair room

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.

  • Shared exception queue with status, reason, aging, and counterparty filters.
  • Per-pair KPI tiles for confirmed, breaks, awaiting, and match rate.
  • Role-aware access so desk-level confidentiality is preserved.
BreakMCH-8821-FZQ2UBS23m
AwaitingMCH-8823-VNT7BlackRock1h 24m
BreakMCH-8824-RK1PUBS2h 15m
03

Field-level break resolution

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.

  • Side-by-side canonical attestation cards with OMS source.
  • Diff table highlights disagreeing fields and tags the break reason.
  • Actions are scoped to the break and kept in the audit trail.
Field
L&G
UBS
fixed_leg.rate
3.7250%
3.7300%
float_leg.spread_bps
12
10
04

Awaiting and SLA aging

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.

  • Aging buckets across the queue so shape is visible at a glance.
  • Both counterparties see the same aging state.
  • Ownership and resolution notes become shared, not per-side.
Fresh
28
Warm
9
Hot
4
SLA
1
Both sides see the same aging buckets and shared ownership.
05

Notes and audit trail

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.

  • Ops-to-ops notes on individual items.
  • Actions recorded with party attribution.
  • Export-friendly audit trail designed for post-incident review.
Priya ShahL&G
14:02

We have 37.25 confirmed from the trader.

Markus KellerUBS
14:10

Our booking shows 37.30, investigating.

06

Sigrid lineage

Amendments and novations don't fragment the story. Related Sigrids are nodes on a shared timeline from root to current, visible to both counterparties.

  • Lineage nodes for open, amend, novation, and close events.
  • Metadata panel with product prefix, tenor, and commitment hash.
  • Related matches aggregated against the lineage.
Open
Amend
Novation
Current