Today, to have a winning edge broking houses need a back-office solution that provides straight through processing, manage order flow faster and easier, perform efficient trade processing including trade allocation and block matching and supports domestics as well as foreign trades , a solution which can support international messaging standards and interfaces.
Coupled with advanced functionality and cutting edge technology we bring you NOVA. Designed to increase your business efficiency NOVA enhances agency and principal trading processing thus revolutionizing the way your business works. NOVA is a multi-market, multi-currency, multi-product, multi-company exception based middle and back office processing solution for retail and institutional brokers. It’s a back office product that supports the clearing and settlement requirements.
Features:
- 3-Tiered application levels: Multi-company, Multi-market and Multi-currency.
- Support for multiple Instrument types.
- Straight through exception-based processing
- Seamless integration of external systems via APIs and middleware.
- Supports an extensive range of International Market Settlement Interface Reduction in licensing cost
- One solution for Agency (Retail/Institutional) and Principal Trading & Settlement
- Easy Provide better provision of services including expert advice and more efficient operations, like:
Ø Automatic position keeping ad reporting
Ø Calculation of service fees
Ø Custody statements
Ø Adjustments for corporate actions
