Archive for November, 2016

Shadow Financial Systems’ mission is to provide a single enterprise-wide post-trade processing solution fully integrated on one relational database supporting all asset classes, all financing transactions and all related functions, such as fees and commissions, corporate actions, treasury and accounting with client reporting for confirms, statements, billing, 1099s, sub-accounting, cost basis, margin, portfolio margin; regulatory reporting, like net capital, customer reserve, SSOI (Supplemental Statement of Income), FINRA Automated Exam Program, Short Interest Reporting, Blue Sheets, Large Trader Reporting, Reg SHO, INSITE, Trace (Trade Reporting and Compliance Engine), MSRB reporting, Large Options Position Reporting and FCA Reporting to name a few, regardless of currency, volume or business conducted using the most current technology available.

Shadow Financial Systems’ post-trade processing solution ShadowSuite electronically consumes execution records from client front-end trading systems. It will then electronically reconcile all trading activity with the appropriate clearing corporation or client surrogates such as a prime broker or FCM or affirm or confirm via DTCC. ShadowSuite can be used to do all the financing of long positions or borrowing of short positions for delivery and manage all the corresponding collateral. It can perform all the corporate actions including dividends and interest. ShadowSuite will do all the necessary clearance and settlement with the appropriate clearing corporation or client surrogate such as a custodial bank along with seg movements and margin calculations. ShadowSuite can also be used by the client’s treasury department to manage cash and wires. It will also update downstream client risk, compliance, credit and audit systems throughout the current day. ShadowSuite is the sub-ledger accounting system for all of the client’s trading activity including fees and commissions and regulatory reporting. ShadowSuite is also used to generate client confirms and statements. As you can see ShadowSuite is a single enterprise-wide post-trade processing solutions for firms that trade securities.