Trade life cycles are fragmented into multiple stages (preorder, trading, accounting, reporting, confirmations), served by different tools and entities.
Goals and Objectives
Unified workflow engines streamline order management and aggregation across multiple accounts, currencies, and entities under a single solution. This reduces costs related to fees paid to multiple providers and improves efficiency of operations, increasing profitability.
Portfolio management systems, Execution management systems, Order fulfillment systems, Robotic process automation, Intelligent process automation, Cognitive learning
Use Case Summary
Integration of front office trading with back-office post-trade operations minimizes risks related to reporting/aggregation errors, reduce costs, and optimize trade life cycle.