Shorter settlement cycles and the highly globalized, seamless markets have ushered in an era of post-trade processing which calls for speed, reliability, scalability, and flexibility with minimal manual intervention.
Tradis Backoffice is an STP-compliant clearing and settlement back-office system designed for broker-dealers, with integrated processing capabilities, encompassing all facets of trade management. Its modular architecture allows for quick implementation and deployment.
The asset-neutral design of Workhorse supports varied Exchange traded instruments such as equity, commodities, derivatives and other financial products. The process flows in the system aim at maximizing operational efficiency and minimizing operational risks. Every transaction can be traced from the beginning to the end.
Tradis Backoffice offers efficient trade management and reliable settlement management. It adheres to best practices by providing for a healthy segregation between proprietary, client and counter party trades. It offers you a drill down facility that tracks the entire life-cycle of a trade. Recognizing the differential charging adopted by brokers, Tradis Backoffice provides tremendous flexibility in brokerage and commission calculations.
Tradis Backoffice is shipped with a suite of reports required as per regulations, and reports for interfacing with clients. Besides this, its Report Generation facility offers the flexibility of creating ad hoc and specific reports. You can export reports into most standard file formats.
The system fully supports the settlement of cross-border trading activity through the use of a flexible Settlement instruction generation and management module, which facilitates the transmission of instructions through various mediums and messaging networks.
Workhorse interfaces with Tradis Workstation, which combines a trader workstation with risk management software.
- Settlements management
- Corporate actions management
- Stock lending and borrowing
- Collateral management
- Integrated general ledger
- Exception management
- Audit trail and robust security