Trade Capture: Electronic entry with the option to enrich the trade with fees and commissions structured specifically for the foreign exchange market through ShadowSuite’s user configurable commission module. O/N, Tom/Next, spot and forward trades, crosses, rolls, currency deposits and NDF trades supported.
Trade Reconciliation: Real-time trade reconciliations can be performed with contra-parties where electronic confirmations are available 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.
Clearance/Settlement: Automatically instruct your currency deliveries and receipts with appropriate netting methodologies via SWIFT. Manage your settlements and fails with the real-time 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.