Global organizations seeking a
state of the art international and UK settlement and accounting system that
addresses the complexities of the global marketplace need look no further than
4sight Settlement.
As a comprehensive, online system, 4sight Settlement supports the
complex trading scenarios and changing legal and trading environments faced by
institutional brokers. 4sight Settlement supports operations in a single market
as well as in a multi-market, multi-company, multi-currency environment. The
system handles trade processing and settlement facilities for a wide range of
equity and debt instruments, including bonds, warrants and convertibles.
4sight Settlement is built to fit within a straight through
processing architecture. Trades automatically flow into the system, from front
office systems or directly from exchanges, for immediate updating of cash and
stock balances. You can establish criteria to filter out specific trades for
review, or handle the flow through exception management. The system provides
desktop trapping, amendment and escalation of exceptions through a detailed STP
monitor, which alerts the user each time an exception arises. The STP monitor
takes them directly to the issue, is easy to use and improves operational
efficiency and significantly lowers the cost per exception.
|
 |
Features:
 |
Exception based processing with proactive alerts and escalation, plus drill
down capabilities |
|
|
Interfaces to a wide range of external parties such as clearing house,
exchanges and confirmation networks including OASYS, SWIFT, CREST |
|
|
Supports proprietary and agency trading |
|
|
Extended stock and cash management facilities |
|
|
Online update of proprietary book positions and calculation of associated
profit and loss |
|
|
Holiday calendars, working weeks and user-definable charges can be set for
individual markets |
Benefits:
 |
Easy to use system, based on uncomplicated design and modern technology speeds
user input, streamlines operations and improves efficiency |
|
|
Rules based processing replaces manual intervention for straight through
processing |
|
|
Maintains hierarchy of companies to simplify access and maintenance of
information |
|
|
Automatically create inter-company transactions where transaction involve two
or more legal entities |
|
|
Online help and drill down screens provide detailed information for enhanced
decision making |
|
|
Proven architecture facilitates increased volumes. |
|
 |
|