Clearing and Settlement
The SecuritEase® System delivers proven, reliable, and robust clearing and settlement capabilities to ensure accurate and timely settlement of client and house obligations across all security types and markets in any currency.
Equities
The SecuritEase® System Equities module offers comprehensive solutions for managing and settling trades across multiple equity markets and execution venues.
The system enables the consolidation of trades executed on different venues for a single client order, ensuring seamless settlement and reporting through best execution principles. It supports real-time booking, multi-currency settlement, and automated position-keeping, allowing brokers to manage complex transactions with precision and efficiency.
The system integrates seamlessly with third-party order management systems, providing real-time updates on securities and funds availability, along with custom prudential and other optional configurable checks. The platform locks and reserves funds and securities during the settlement process, ensuring secure and reliable operations.
High-quality, branded contract notes are produced for brokers and their intermediaries, while a complete historical record is maintained for trend analysis and audit purposes. The system’s robust linkage capabilities enable full drill-up and drill-down from the general ledger to the client order, providing comprehensive visibility and control over all transactions.
Fixed Income
The SecuritEase® System Fixed Interest module provides a comprehensive solution for managing trades in fixed income instruments, including bonds, bills, debentures, and term deposits.
The system offers all the essential capabilities available for fixed income instruments, along with standardised and easily extensible pricing methods tailored specifically for fixed income products.
The system supports a wide range of instruments, including Vanilla Bonds, Index Bonds, Floating Rate Notes, Discount Securities, Hybrids, and Structured Products, ensuring flexibility and adaptability in your trading operations.
Additionally, it features a bond calculator utility for precise calculations of settlement prices and yields, as well as support for automated roll-over, reinvestment, or repayment at term. These capabilities ensure that your fixed income trades are managed with accuracy and efficiency, enhancing overall portfolio performance.
Derivatives
The SecuritEase® System Derivatives module provides a comprehensive solution for managing derivative trades, including options, futures, and CFDs.
The module includes all the essential capabilities for derivative instruments and integrates authentic CME SPAN® algorithms to calculate clearing house margin requirements, perform intra-day margin calculations, and conduct hypothetical scenario risk analysis. It also supports advanced margin call management with customisable algorithms to meet specific broker needs.
The system features extensible pricing models, including the MERTON and BINOMIAL models, along with value sensitivity analysis using the Greeks, offering precise risk assessment and pricing capabilities.
A user-friendly dashboard allows for efficient exception-based processing, while graphical presentations of aggregated data enable quick, detailed insights with drill-down actions. The inclusion of pay-off diagrams further enhances the module's ability to support sophisticated derivatives trading strategies, making it an essential tool for brokers dealing with complex financial instruments.
Managed / Mutual Funds
The SecuritEase® System Managed Funds module offers a comprehensive solution for handling managed fund trades with the same robust capabilities available for other unit-priced instruments.
This includes seamless processing for applications, redemptions, switches, periodic investments, and withdrawals, ensuring that all client transactions are managed efficiently and accurately.
The system provides real-time (or batch-based) integration with fund manager platforms, enabling instant updates and streamlined communication between brokers and fund managers. This integration ensures that all transactions are processed in real-time, enhancing the overall client experience and ensuring that your brokerage operations are both responsive and reliable.
Foreign Exchange – FX
The SecuritEase® System offers a robust solution for managing foreign exchange cash trades with the full suite of capabilities available for FX pairs.
The system features real-time integration with FX provider platforms, enabling seamless quote requests, live quote processing, and quote acceptance, ensuring that all FX transactions are handled with speed and precision.
The system also supports specific deal cover and netted pool cover with configurable exposure thresholds and automated alerts, providing enhanced risk management and operational control.
Additionally, split margin processing allows for differentiated buy and sell rates within the netted pool, regardless of the pool's overall buy or sell requirements, ensuring fair and efficient processing of FX trades. This comprehensive approach ensures that your foreign exchange operations are optimised for accuracy, speed, and reliability.
Alternative Investments
The SecuritEase® System Alternative Investments module offers a comprehensive solution for managing alternative investments - 'Alts'. The module uses a book build process through the collation of client demand, allowing for the capture of interest and scalable allocation of obligations. It also identifies unpaid obligations, creating and allocating instruments to manage these effectively.
The module integrates seamlessly with collateral management, handling market valuations, haircuts, and exemptions at both the instrument and account levels, while also supporting capital event management, including capital calls, returns, and non-taxed cash distributions.
Advisors are kept informed with automated notifications, and cash settlement is integrated with portfolio management for streamlined operations. The system also provides robust client and management reporting, covering contract notes, outstanding obligations, and collateral coverage, along with tools for pricing maintenance, ensuring a complete and efficient solution for alternative investments.