Trade Allocation Manager

Overview
Key Features
Diagram
Related

Overview

Automate your middle office workflow from trade capture to confirmation. Our flexible, independent solution integrates with your front- and back-office systems and delivers straight through processing, helping you reduce cost, improve efficiency and meet regulatory obligations.

Key Features

In today’s financial landscape, timely and efficient trade processing is critical to the success of buy and sell-side institutions. However, challenges such a new regulatroy requirements, combined with existing issues associated with data fragmentation and manual workflows, can complicate trade allocation and confirmation processes, leading to inconsistent data, high staffing costs, and increased operational risk.

To address these challenges, Trade Allocation Manager (TAM) provides a centralized platform for capturing and processing trades across asset classes, markets, and entities, enabling firms to accelerate client confirmations and scale their trading activity, while minimizing operational and regulatory risk. TAM is designed to connect multi-asset trade data, workflows and systems, offering a modular and scalable alternative to rigid, all-in-one vendor solutions. It provides a comprehensive set of capabilities enabling firms to centralize, automate, and monitor processing across the trade lifecycle:

Capability	Feature	Description	Details
Centralize	Front office Integrations	Seamlessly integrates with leading front office providers to capture trade data	Connects with multiple OMS systems, supports real-time drop copies via FIX, API SFTP and manual trade entry.
	Enrichment and validation	Enhances and validates trade quality for accuracy	Manages reference data directly in the application, with validation checks to ensure data integrity.
	Counterparty Management	Consolidates counterparty and entity data for efficient management	Integrates all counterparty-related data across client and broker-level.
	Back-Office Integrations	Connects with custodians and in-house systems for streamlined settlement of trades.	Supports enterprise messaging protocols for seamless connections with industry recognized custodians and back-office systems.
Automate	Fee Engine	Calculates fees and commissions with a comprehensive rules library	Features a granular fee management module with a library of standard market charges and with customizable fee and commission rules by product, counterparty or market.
	Client Specific Profiles	Allows creation of tailored profiles for allocation, confirmation and settlement workflows	Enables tailored allocation and confirmation workflows with configurable profiles to meet specific client needs.
	Allocation and Matching	Automates allocation and matching via internal models and external services like CTM	Intuitive automated workflows for trade matching through DTCC CTM, FIX or files, with default methods for automatic allocation.
	Client Confirmations	Streamline trade confirmations across various formats as per client requirements	Flexible confirmation suite supporting multiple formats (PDF, Excel, SCV) and delivery options including automatic or manual on a per trade, allocation or EOD basis.
Monitor	Alerting and Resolution Tools	Identify and action data issues and exceptions in automation workflows	Flags exceptions using alerts, RAG statuses and grid filtering, enabling speedier resolutions and efficient exception management.
	Auditing	Tracks all user and system-driven changes and events	Comprehensive auditing of all actions, operations and state changes, whether user-driven or rules-driven, ensuring traceability.
	Reporting	Distributes regulatory reports to various downstream systems	Facilitates regulatory compliance by exporting files and reports to downstream systems for settlement and regulatory purposes
	Insights	Provides metrics and insights to evaluate middle-office efficiency	Delivers insights to evaluate and improve middle-office operational efficiency including performance metrics like time to confirmation.