Trade Management Platform
Client Background
Our client, an IT company specializing in Capital Markets development, is renowned for creating highly customizable products designed to streamline the daily operations of financial companies.
Challenge
The primary challenge was to develop a robust, comprehensive platform capable of supporting the multifaceted needs of financial institutions. The client required a solution that would:
- Handle complex trade executions and lifecycle management.
- Ensure regulatory compliance.
- Provide real-time data and analytics for informed decision-making.
- Enable seamless integration with various APIs and third-party services.
- Offer customizable user interfaces and workflows to meet specific user needs.
Solution
Glorium Technologies played an integral role in the development of the client’s platform from its inception. The platform manages the full lifecycle of the trade along its route across front and middle offices, operations, documentation and other departments. All necessary regulatory and compliance reporting is supported as well. The platform is currently used at major investment firms like Royal Bank of Canada, Millennium Partners, Chicago Mercantile Exchange, etc.
Our contributions included:
- Design and implementation: Our team designed and implemented critical components such as the .NET WinForms client application, which serves as the backbone for user interactions.
- Server-side development: We participated in all major server-side development decisions, ensuring the platform’s robust performance and scalability.
- Regulatory and compliance reporting: We handled tasks related to regulatory and compliance functionality, ensuring the platform meets all necessary standards and regulations.
- Technological integration: Utilizing a range of technologies, including Microsoft.NET, WinForms, Silverlight, Java, Sybase, Android, iOS, and Windows, we ensured the platform’s compatibility across various devices and systems.
Features:
- User access level enforcement
- Trade execution in quick and full ticket formats
- Trade History & Audit Trail
- Trade visualization in customizable blotter formats, including cross-product views
- Trade workflow customization
- Straight through processing (STP) for electronic executions on ECNs/SEFs
- Derivative activity capture (inception, unwinds, step-ins, step-outs)
- Integration with Risk, MTM, Fee, Net Money APIs
- Real time management information data – activity, revenue, trader, sales people
- Front to Back Trade Monitoring & Exception Management
- Bulk trade processing
- Integration with Affirmation & Allocation Venues
Business Value
Enhanced operational efficiencyThe platform's ability to handle complex trade executions and lifecycle management streamlines operations, reducing manual effort and errors.
Informed decision-makingReal-time data and analytics provide critical insights, empowering users to make informed trading decisions and strategies.
Customizability and flexibilityThe customizable user interfaces and workflows enable financial firms to tailor the platform to their specific needs, improving user satisfaction and productivity.
Tech Stack:
.Net
WinForms
Silverlight
Java
Android
iOS
Our clients journeys
