In Atlantis, if a trade is unable to calculate a fee for any reason, it is given a Fee Calc Failure Reason code. These codes help guide brokers in how to fix or action trades in order to move toward settlement. When a trade fails to rate, the Fee Calc Failure Reason provides some clues as to why.
- Was a key piece of information missing?
- Were two agreements conflicting?
- Was there no agreement there at all?
Understanding these Fee Calc Failure Reasons and knowing how to resolve them is critical to Atlantis exception management. FIA Tech has prepared this Atlantis Fee Calculation Troubleshooting guide to walk users through every possible failure reason, what it means, and how it can be resolved.