Our brokerage automation solution automates the entire business process & workflows of emerging and advanced brokerage firms according to international best practices from order to settlement. It accepts customer’s orders through multiple channels and forwards those to the relevant destination in real-time. The system has the ability to assess risk at pre-trade stage by intercepting each incoming order and performing a number of checks like short-sell, collateral requirement and margin adequacy. Brokers can achieve greater customer satisfaction due to the system’s modern web-enabled interfaces and SMS confirmations.
The solution is highly adaptable and scalable that can be configured to support different market practices followed by the brokerage community of stock exchanges. It is accessed from a central location and supports multi-branch system operations, where a branch-level defined access policy ensures controlled access to order management, equity and custody services, and accounting features.
Solution also includes a comprehensive and flexible financial system within the system to generate up-to-date Balance Sheet, Profit and Loss Statement and Instant Trail Balance. System keeps track of all electronic and physical shares of clients and proprietary accounts. It tracks the movement of shares from inter-account and intra-account. The system interfaces with central depository system for inter-system transfers and reconciliation.