Enterprise Back Office Clearance & Settlement System
IS YOUR COMPANY OPTIMIZED TO CLEAR AND SETTLE BROKERAGE TRANSACTIONS
IN A COST-EFFICIENT MANNER?
Davidsohn Global Technologies, Inc. ® Enterprise™ product is a comprehensive,
high performance, back office clearance and settlement system with extensive processing
capabilities. It provides optimal performance, accommodates high transactional volumes, and
enables clients to clear and settle brokerage transactions in a cost efficient manner.
System components include:
| Trades Processing |
Name and Address Master |
Stock Record |
| Security Master |
General Ledger / Accounting |
Credit / Risk Management |
| Corporate Actions |
Tax Lot Accounting |
Commission Profile |
PRODUCT FEATURES
Trades Processing
- Automated trade feeds
- Drop-copy trade feeds from exchanges
- Real-time trade rejection process
- Mass cancel and correction capabilities
- Standard settlement instructions
Trade and Position Reconciliation
- Equity breaksheets by exchange
- CNS settlement reconciliation
- DTC/SIAC reconciliation
- OCC position exceptions
- OCC trade reconciliation
- GSCC reconciliation
- Pair-off trade reconciliation
Commission Profile
- Equity breaksheets by exchange
- Real time trade calculation
- Flexible commission figuration system
- Commission revenue accumulation
Cashiering
- Corporate Actions
- Automated dividend and reorg processing
- Automated pay date dividend processing
- Automated fail processing
- Stock loan and borrow rebate processing
- Loanet interface
- Automated segregation
- Dividend and ex-dividend rate adjustments
|
Credit / Risk Management
- Real-Time Credit / Risk Management
- Multi-Currency / Multi-Entity/ Multi-Product
- Regulation T / Rule 431 Margin
- Customer Portfolio Margin
- Day Trading
- Refer to the Utopia brochure for comprehensive system features
Tax Lot Accounting
- FIFO / LIFO / Specific Identification/ Average Cost
- Profit / Loss Optimization
- Regulatory Compliance
- Refer to the ATTLAS brochure for comprehensive system features
Financial Instruments Supported
- Equities (Domestic, Foreign, ADR’s)
- Options (Equity / Index / Currency)
- Corporate Bonds (Convertible / Non-Convertible)
- Government Bonds
- Mutual Funds
- Exchange Traded Funds (ETF’s)
- Municipal Bonds
- Real Estate Investment Trusts
- Unit Investment Trusts
- Limited Partnerships
- Single Stock Futures
- Credit Derivatives
- Zero Coupon Obligations
- Fixed Income Derivatives
|
OTHER PRODUCT FEATURES
- Monthly Statement processing
- General Ledger
- Chart of accounts
- Holiday calendar
- Interest calculations
- Daily, monthly, and yearly P & L calculations
- DTCC submissions
- Automated clean-up of open items
- Automated internal balancing
- Intra-day affirmation submissions
- Option exercise and assignment processing
- Option and equity streetside reconciliation
- Option expiration weekend processing
|
- CNS settlement exceptions, T + 2 and T + 3
- Dividend and interest rate master processing
- Direct interface with OCC
- Full customer and regulatory reporting
- Open item processing and automated clean-up
- RVP/DVP trade submission
- Rules based and exception processing system
- Supports Vendor Pricing Feeds
- Shadow posting to online account summary
- Tax reporting - 1099 tax form preparation
- Available as Davidsohn Software-On-Demand™
|
REPORTING
- Hundreds of pre-configured reports
- Flexible report delivery
- 15C-3, 17A, 17C etc.
- Account status for all trade activity and positions
- Aged fails
- Customer confirmations or transcripts
- Bookkeeping reports
- Balance order detail
- Commission revenue
- CNS settlement equity reconciliation
- Daily trade breaksheets by exchange
- DTC/SIAC reconciliation
- DTC trade rejects
- Dividend pre-record date extensions
- Equity breaksheets by exchange
- Excess deficit analysis
|
- Focus reporting
- House/Floor breaksheet (exchange executions)
- Holders vs. OCC offsets reconciliation
- In/out of the money calculations
- OCC reporting
- Fail reporting
- Exception reporting
- P & S reporting
- P & L reporting
- Prime broker affirmation breaks
- Margin reporting
- Tax Lot Accounting reporting
- Settlement preparation
- Stock record - daily and weekly
- Statements - monthly and year end customer statements
- Trade blotters
|
For Additional Product Information: TEL: 212.208.0100 Please
contact us here.
If you would like to download a PDF version of the Back Office Clearance and Settlement System, Securities Processing Software brochure,
CLICK HERE.
