Options

Trade Capture: Electronic entry with the option to enrich the trade with fees and commissions structured specifically for the options market through ShadowSuite’s user configurable commission module.

 

Trade Reconciliation: Real-time trade reconciliation with the OCC is performed 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: Clearance, settlement and reconciliation with the OCC is completely automated allowing operations to efficiently deal with breaks minimizing overall risk and exposure using ShadowSuite’s AutoCage. Expiration, assignment and non-standard settlements supported.

 

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.