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The third acceptable outage duration level for Southwest, 15 to 30 days, covers such functions as fixed-asset activity, inhouse reconcilements and preparing the bank's quarterly reports.
Finally, and in the normal course, after the initial delivery and payment for the securities in question is completed, end-of-day verifications and reconcilements must be made as a part of the overall controls on operating systems that often handle more than $1 trillion of transaction per day.