Equity

Trade Capture: Electronic entry, regardless of currency, with the option to enrich the trade with fees and commissions structured specifically for the equity markets through ShadowSuite’s user configurable commission module. Compress, allocate or flip your trades where required.

 

Trade Reconciliation: Real-time trade reconciliations with DTC and NSCC, or SWIFT or custodial bank proprietary interfaces for global equities settlement or prime brokers and hedge fund administrators or correspondent clearing firms automatically based on user defined comparison thresholds. ShadowSuite’s Windows-based trade reconciliation module allows exceptions to be addressed in real-time with simple point and click operations.

 

Securities Finance: Cover short sales or finance purchases using stock loan, buy/sell back, CFD or swap functionality. Electronically manage your cash, non-cash and cash pool collateral. Manage the receipt and delivery of securities, fees and rebates in real-time using ShadowSuite’s AutoCage or outsource your securities finance using ShadowSuite’s LoanStar.

 

Clearance/Settlement: Completely automated real-time management of the receipt and delivery and fail of receipt and delivery of securities at DTC or SWIFT or your custodial bank using ShadowSuite’s AutoCage.

 

Treasury: Real-time management of currency balances by banking location with forward excess/deficit projections. Automated, secure wire system able to instruct both SWIFT-based and Fed wires. User defined rules based approval process. 

 

Client Management: Customer accounts capable of maintaining all data, multi-currency balances and activity. Account valuations consolidating all positions and currencies. Pay, collect, credit or debit interest on balances and produce physical and/or electronic confirms and statements. Affirm and confirm transactions, where required.

 

Accounting: Maintain a complete automated multi-currency general ledger with consolidation back to your firm’s reporting currency while maintaining individual currency trial balances for all proprietary and client trading activity.

 

Audit and Control: Update your risk, credit and regulatory groups as often as required utilizing ShadowSuite’s APIs, extracts and relational database. In addition, address the needs of your audit department with the full audit trail capabilities built into ShadowSuite.