Broker Tool App

The tool addresses the most challenging obstacles faced by businesses today

Connecting to multiple Broker Accounts and aggregating the information in one place. Reconciling intra-day and end-of-day trade attributes and open positions in internal trade capture systems to those reported by Brokers. Calculating and reconcile Broker Fees. Calculating the Initial and Maintenance margin using the SPAN tools provided by ICE and CME and verifying the Broker invoices.
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Top Day Trade Reconciliation

The app allows users to run intraday trade reconciliations to ensure there are no errors in trade entry
  • Capture today's trades from the customer's trade capture system, and automatically align them with the trades downloaded from Brokers
  • Reconcile the trades across user-defined set of attributes and tag the trades which show mismatch
  • Easily drill-down to the trades for more in-depth analysis
  • Easily maintain the master list of exchange products being traded in the portfolio
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End-of-day Position Reconciliation

The end-of-day open positions reconciliation feature in  the app seamlessly identifies breaks in the total open positions across all exchange traded products

  • Automatically aggregate all open trades across multiple broker accounts and reconcile with the open positions information downloaded from brokers
  • Identify gaps in the errors as well as the marks against the values reported by brokers
  • Easy drill-down to the trade level details – on data captured from customer’s own trade capture system as well as the data downloaded from brokers
  • Archive reconciliation results for trend analysis
  • Generate Excel-based reports which allow users to further analyze the breaks
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Broker Fee Reconciliation

The app comes with a powerful Fee calculation and reconciliation feature. Customers no longer have to blindly pay the fees charged by the brokers without independently verifying it 

  • Calculate and reconcile following types of fees
    • Clearing Fee
    • Exchange Fee
    • NFA Fee
    • Execution Fee
    • Broker Commission 
  • Easy drill-down to the trade level details – on data captured from customer’s own trade capture system as well as the data downloaded from brokers
  • Archive reconciliation results for trend analysis
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Margin Reconciliation

The app provides a comprehensive toolkit to calculate initial and maintenance margin using the Standard Portfolio Analysis of Risk (SPAN) margin system. The Broker Tool provides user friendly front end access to the SPAN margin system provided by CME and ICE.

  • Built in wrapper around the SPAN margin calculators provided by ICE and CME
  • Out-of-box connectivity to ICE and CME Risk Arrays
  • Easy maintenance of SPAN settings using the intuitive settings panel in the Broker Reconciliation app
  • Automatically determine when positions roll-off based on contract expiration dates
  • In addition to the Initial and Maintenance margin, the app also computes Open Trade Equity, Net Option Value and Margin Excess

More Features

Powerful Business Intelligence

Powerful Business Intelligence

Easy integration Tableau and Power BI

Easy integration Tableau and Power BI

Pre-defined and custom views

Pre-defined and custom views

Intuitive Mappings UI

Intuitive Mappings UI

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Scheduled and on-demand reconciliation reports

Scheduled and on-demand reconciliation reports

Trend analysis of open positions and margins

Trend analysis of open positions and margins

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