The Trade Allocation Manager (TAM) is a powerful and configurable genesis product which allows our clients to perform their middle-office workflows, making them as automated as required. The key features include trade allocation, a fee engine, trade bunching, commission splitting, trade pair offs and the ability to generate and send reports in a wide range of formats.
The automatic allocation of trades can be configured for client accounts to distribute equally, weighted or by specifying custom rules. The custom allocations grid is used to create rules at client/account/symbol/side/country/custodian granularity, or any combination, with a “closest match” algorithm ensuring the correct rule takes effect. They can also be set to automatically pair off trades fitting pairing criteria. These rules can be updated dynamically throughout the day should there be a need to.
The counterparty fee engine allows the set up and maintenance of the commission structure and regulatory fees needed for each client. Rules can be set up with asset class/account/country granularity, or any combination.
Trades can be aggregated for the same client, symbol and direction through trade bunching. This will create a parent trade which can be allocated and use the fee structure as if they were a single trade with the click of a button.
The Split Commission functionality in TAM allows to simply calculate and charge commission fees across multiple trades with the same client, stock and direction as if it were a single trade, all at the click of a button.
An important part of the middle office workflow is notifying your client or custodian of trades and allocations. TAM makes it simple to generate such reports in a wide range of formats including CSV, PDF and html email. Exports formatted for common custodians such as BNY Melon and Pershing come as part of the vanilla product. The genesis Report Designer allows for simple creation and maintenance of reports.
This is a small overview of TAM's powerful features. For a demonstration of TAM's full feature-set, please arrange a demonstration now.Arrange a demo now