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Real Time Revaluations
Market prices are taken into Fidessa in real-time
from either direct market links or via data distribution
platforms such as Reuters or TIBCO, these are
used to revalue the positions which therefore
recalculates unrealised profit /loss.
Trade Enrichment
All trades within the system are enriched with
market charges, commissions, mark-ups, settlement
date and sales credits using a flexible rule based
engine to provide for de-regulation. Gross, net
and net-net prices are maintained to provide a
complete transaction within the front-office environment.
Market Gateways
Fidessa leverages your existing market gateways
to the markets.
Other Offices
Fidessa supports global order management by deploying
servers around the world and then linking them
back to back. Remote execution information is
passed back up the link to provide real-time monitoring
from the originating location.
Fidessa TMAR
TMAR provides a centralized repository of all
the firm's transactions, whether they are client
or principal business, inter or intra entity.
A full audit trail of all amendments or cancellations
is maintained and Fidessa passes the trade details
to all third party and legacy systems within the
firm.
Fidessa PMAC
PMAC provides real-time position, exposure and
risk monitoring across the firm’s business
using a multi-tier book hierarchy to represent
traders, desks, regions and the firm. Position,
desk and region limits can be defined to monitor,
in real-time, the traders activities.
User Interface
A single Fidessa front end is used to interact
with all the Fidessa applications. Built using
Microsoft’s Active-X standard, all of the
Fidessa controls can be arranged exactly as the
user wants. A run-time scripting language allows
windows to be tied to each other, tied to buttons,
menus or the keyboard, providing a truly flexible,
fully integrated desktop.
Fidessa OMAR
OMAR manages all orders and automatically routes
them to various execution services such as traders,
major ECNs or through internal services such as
automatic house trading or the crossing engine.
OMAR tracks all executions against the order providing
real-time updates of average price, volume done
and leaves.
Order Input
Fidessa accepts orders from many sources, such
as those entered by Sales staff, electronically
received over third party networks, electronically
received over a direct FIX link with institutional
clients or from a light-weight front end over
the internet for retail clients.
Fidessa CTAC
CTAC provides complete support for the mid-office
Electronic Trade Confirmation (ETC) business flows.
A complete fund database is maintained to allow
block trades to be broken down to all the relevant
sub-accounts; control accounts are supported for
missing or incorrect data. All commission and
market charges are calculated with client profiles
supporting block and allocation level OASYS Global
and OASYS Global Direct clients along with manual
confirms over FAX or TELEX.
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