Improve Client Service with a better Middle Office
Trade Manager is our solution for automating the middle office - designed for global institutions and offering the most comprehensive range of functionality.
Trade Manager enables bulge-bracket firms to significantly increase the profitability of trading operations by providing a single-solution approach for multi-asset trade management and processing, including:
Automated block, DMA, and basket trade capture and processing
Allocation management
Confirmation
Ticketing
Audit trail generation
This solution is extremely fast and scalable, and it is designed to highlight potential bottlenecks within the trade processing operation and provide the tools to ensure that the system can be optimized to continue meet customer requirements.
Trade Manager is delivered and deployed in rapid time frames, and provides you with a solution that can automate basket, DMA, and cash trade allocations and increased capacity to process an ever-greater volume of trades. Trade Manager can dramatically improve the productivity of existing staff due to increase in process automation, reduce errors due to in manual processing and ability to scale the operation to meet volatile volume requirements.
How do we do it?
Trade Manager is built upon our Innovation Platform. The platform has 2 reference implementations, a state-of-the-art OMS and the world's best Middle Office platform - seamlessly integrated.
Trade Manager Capabilities
Trade Manager features comprehensive functionality to automate the middle-office of tier 1 firms:
ETC Gateway
Provide connectivity with external trade allocation and confirmation channels. Supported networks include OASYS (Direct), OASYS Global (Direct), FI X, and Fax/Telex. Proprietary and custom channels are supported via "Plug In" architecture.
Notice Of Execution
Partially or fully figure summarized trade executions for delivery to customers. This can be sent by report or electronically via the ETC Gateway.
Allocation Capture
Manage the lifecycle of customer allocations from validation to capture, maintenance, and archive. Allocations can be received pre- or post-trade by electronic or manual means.
Allocation
Create customer trade legs by allocating the executed trade quantity across customer allocations. Pre-allocated, under-filled orders can be processed using a number of algorithms.
Booking
Enrich trades with information required for booking (e.g., legal entity, execution venue, capacity, et cetera). Generate additional trade legs for inter-entity trades if necessary. Automatically detect and process amends and cancel/corrects.
Figuration
Determine appropriate money amounts for all tickets. Calculate all taxes, fees, levies, and commissions using a highly configurable charge rule manager to respond as fee structures change globally.
Trade Capture
Manage the lifecycle of trades from validation to capture, maintenance, and archive.
Trade Confirm
Enrich trades with settlement information, formats confirmations for electronic or text based distribution, and send them via the appropriate delivery channel(s).
Audit Trail
Record changes to any entity to produce an audit trail.
