Abstract: A method and a system for validating a completeness and correctness of information required for a proposed transaction in order to facilitate a successful and timely settlement of the transaction is provided. The method includes: receiving a request for a proposed transaction that includes information that relates to the proposed transaction; and determining whether the information is sufficient for executing the proposed transaction and whether the information includes an error that would prevent a successful execution of the proposed transaction. The determinations regarding sufficiency and presence of errors may be made by applying one or more algorithms based on machine learning techniques. When the information is found to be insufficient or to include errors, proposed actions for remedying the problems are provided.