ShadowSuite
Unlike traditional post-trade solutions, ShadowSuite is impartial to the currency of the product or the products your firm trades. ShadowSuite supports equities, fixed income and derivatives. It is equally unbiased as to how you choose to finance your inventory or cover your short sales. ShadowSuite supports securities lending, traditional repo, tri-party and GCF repo, swaps, and the use of an outsourced third-party.
In fact, ShadowSuite doesn’t care if your organization is self-clearing, a facilities management or custodial bank user, correspondent or hedge fund. It has the ability to reconcile with the clearing corporations or third-party providers such as a facilities management or correspondent clearing firm, custodial bank or prime broker. In addition to your company’s proprietary activity, ShadowSuite also provides similar functionality to capture your client’s account and trading information.
Although ShadowSuite is designed as an enterprise-wide solution, it can and has been used as a single asset class point solution. ShadowSuite can be your sole system for trading books and records to be used by your operations, treasury and accounting departments. Since ShadowSuite aggregates the firm’s activity in one place, it serves as the “golden" source of information for your risk, credit, regulatory and audit groups. The real-time core of ShadowSuite consists of a general ledger, stock record and position and cash management components. With every transaction that enters or leaves ShadowSuite, each component of the core is updated in real-time.
ShadowSuite’s intuitive Windows-based user interface means it is readily adopted by users. Researching unanticipated questions or resolving issues are as easy as pointing and clicking to drill-down into the historical information, which is available on-line. Another convenient feature of ShadowSuite is that all reports can be run as needed, rather than having to wait for end-of-day processing.
Regardless of your volume, ShadowSuite is your solution. Shadow Financial’s clients cover a broad spectrum of the financial services arena and have trading volumes from hundreds of trades a day to tens-of-millions of trades a day.