Many of the strengths of this Broker Software arise because it is built around a single core database that supports front and back office operations. rhymeSIGHT provides world-class functional modules that all access this powerful single data source.
3i Infotech has recently launched rhymeSIGHT Broker, a fully integrated Stock Broking System accessible on a new and open platform.
The immediate benefit of the Broker Software is that it integrates the established core components of Fiscal with the supporting technology of the existing rhymeSIGHT platform. The Stock Broking Solution will enable the stockbroking industry to take advantage of new technologies such as Web services and java within a proven platform.
rhymeSIGHT Broker provides proven and broad capabilities for agency and principal trading for stockbrokers and market makers. The rhymeSIGHT architecture means rhymeSIGHT Broker delivers a powerful workflow and business process management toolset as well as extendible reporting, document management and document warehousing functionality.
The Stock Broking Solution, Fiscal, is already used in firms such as Brewin Dolphin, Investec Securities (UK), Rensburg Sheppards and Morgan Stanley Quilter.
The underlying technology of the new platform is Caché, from InterSystems, providing an immediate performance and scalability boost to an already reliable product. Caché also allows rhymeSIGHT Broker to become hardware platform independent.
rhymeSIGHT Broker’s workflow and reporting capabilities are now being integrated into the stockbroking world. The industry is increasingly seeing the need to focus on straight through processing to compete efficiently in a competitive market. The quality of exception management has become one of the defining cost and risk factors in the back office.