Structured products instruments are evolving and becoming more and more complex. At the sometime you have to consolidate manual, spreadsheet-intensive operations and multiple legacy systems and you are looking for a single, global platform.

As your needs for STP and scalability is increasing, you also want to gain in flexibility to meet all your specific business needs.

TRADIX enables you to trade, manage risk and process a broad range of products, from repos, interest rate derivatives, interest rate exotics, OTC vanilla stock options, OTC vanilla Equity index options, and Credit Derivatives.

TRADIX is an integrated trading, risk and operations management system that meets your specific requirements in term of pricing, portfolio management, risk management, and back office and accounting (including IAS 39).

Thanks to a dedicated module, TRADIX allows you to enter any structured product based on valuation models or on your own proprietary models. The suite is fully interconnected with main feed providers and is easily nterfaced with your own legacy platform.

To maximize capital market transaction efficiency, improve and generate liquidity, manage risk and increase FX volumes while lowering margins are just some of the challenges your FX & Money Markets business is probably facing. Increasing competition is forcing you to provide fast, reliable and cost-effective services to your clients as well as innovative products to meet their specific needs.

The need to consolidate disparate systems, adopt comprehensive risk controls, automate manual processes and achieve centralized STP management for your trading operation requires a proven solution.

Sierra

SIERRA offers you a proven industry leading 3D-STP technology for FX and Money Markets featuring front-to-back solutions, single and multi-subsidiary solutions and multiple product solutions.

Our Sierra solution is designed to help you make fast, informed decisions and provide the high performance and personal flexibility you need to manage your FX and Money Markets business.

Sierra allows you to manage the most demanding, high volume, global trading operations on a 24×7 basis. The System’s high performance, complete back office capabilities and its risk management controls provide all the functionality you need to achieve a truly STP trading operation.

We also offer our FX solutions as ASP services thanks to our dedicated ASPEN offering, so you can receive all the benefits of the Sierra sophisticated trading platform without the need of developing, hosting, or managing the solution.

Commodity and Energy markets are the fastest growing part of the derivatives business and are extremely volatile. Most of the commodity traders are trading cash and derivatives on OTC and Listed exchanges. Delivery procedures are very complex and require dedicated attention.

GL TRADE is the only ISV to support both OTC and listed commodities across the entire trade life cycle from specialized market data, advanced order management and trading system, global market access and STP processes integrating OTC and listed commodities.

We can help you optimize your STP processes thanks to our main post trade suites:

• Real-time clearing and automatic allocation
• User-defined cross margin for OTC and listed
• One single screen for cross-asset monitoring
• Advanced back office functions for commodities and FX

With unrivalled expertise at each step of the order flow, we bring you the best of our software suites, GL ClearVision, Ubix and Sierra thanks to our SOA platform under a comprehensive services offering.

Automation of Fixed Income trade processes is complex and challenging. Your STP chain has to cover accurate bonds pricing, P&L functions, risk management, back office and accounting modules and connectivity to major settlement organizations.

TRADIX, your STP solution for Fixed Income
TRADIX enables you to trade, manage risk and process all Fixed Income products as well as IRD and Credit Derivatives. Combined with advanced analysis functions, TRADIX provides you with a unique platform to manage a diversified business line as well as multiple specialised activities.

TRADIX is an integrated trading, risk and operations management system that meets your specific requirements in terms of pricing, portfolio management, risk management, back office and accounting. The suite is fully interconnected with main providers and is easily interfaced with your own legacy platform.

TXpress , US domestic Fixed Income solution
TXpress is a high performance, real-time clearance and settlement system for US domestic Fixed Income securities and federal funds via the Federal Reserve Bank. Used by the main Fixed Income players in the US, TXpress has been referenced as a mission critical solution by our clients.

The emergence and development of new liquidity pools and cross-border trading venues is encouraging the globalization of the investment and trading industry. Organizations are pushing for a greater level of internationalization whilst being challenged by new entrants expanding into their traditional markets. You need solutions which can provide higher levels of customer service and greater levels of efficiency at the same time as being flexible enough to respond to changes in trading venues or clearing and settlement locations.

Meanwhile, as you have to process growing trade volumes, you look for more STP to decrease operational risk and increase your business margin.

Customers increasingly demand accurate, real-time information on their trading status in their own language and through the channels they prefer. Also, within your organization, operational and financial information must be available readily to traders, customer support and management staff.

GL RIMS, Real-time Integrated Multi-instruments Solution

GL RIMS is the post trade real-time solution providing you with integrated middle and back office functions across asset classes. GL RIMS is a fully multi-currency solution for cross border processing of cash trading, stock lending and repo for all types of securities including equities, all types of bonds etc.

GL RIMS is available as a full end-to-end solution or as a range of stand-alone, specialized business modules to upgrade your current system architecture.

GL RIMS Middle Office automatically captures trades from any front office system, enriches them with charges, then manages all the confirmations (via FAX, email, FIX, SWIFT MT51x, OASYS) and allocations. It handles regulatory reporting (MiFID…), before exporting to any back office system (GL RIMS Back Office and any third party or in-house back office solutions). It also handles netting, generating considerable savings in downstream network and settlement fees.

It can be fully integrated into any front office system (third party or in-house) to increase your STP rate.

SDIs (Standing Delivery Instructions) are managed by GL RIMS Middle Office, automating the process as much as possible, leaving you time to manage only the exceptions.

GL RIMS Back-Office

GL RIMS Back-Office automatically prepares and sends settlement instructions to settlement agents, local or global custodians, Central Securities Depositories, according to pre-defined rules, taking into account addressees’ preferences (country preferences, interface, etc). It also manages settlement fails and regulatory reporting. You can predict your borrowing requirements with our stock and cash record facility, giving you real-time update of positions.

With GL RIMS, you can integrate post trade operations across asset classes and markets. Our middle and back office solutions can receive and gather flows from several front office systems and process them.

Last but not least, our post trade solutions for securities are highly scalable to allow you to manage growing trading volumes and to settle in new markets quickly.

Futures & Options business is becoming extremely competitive and volumes are constantly rising.
If you are looking for customer satisfaction while maintaining your operating costs and controlling your risks, your solution is to deploy full STP systems providing scalability and performance.

We provide a set of products and components that meet F&O industry business needs. Our Derivatives customers are banks and brokers who want to have STP throughout the trading processes for middle and back office on Futures and Options exchanges.

• GL ClearVision is the Industry Standard Platform for clearing and allocation processes. GL ClearVision supports more than 34 cash and derivatives exchanges. This solution is designed to offer high processing capability and has been chosen by more than 90% of Tier One brokers and banks to automate their STP processes.

• Ubix is a full back-office system for ETD. Ubix is designed to offer real-time processing allowing our customers to deliver up-to-date information to their end customers. Time zone processing enables Ubix users to serve local customers by defining their End-Of-Day process according to their own global organizations. Based on a multi-tier architecture and relying on Oracle, Ubix offers scalability and strong performances on the one hand, and real openness on the other.

• GL Instant Suite is a suite of independent business components. It brings added value to your current legacy systems by offering specific modules such as brokerage management, margin computation, fees management, automatic reconciliation, post trade risk management and internet portal for post trade operations.

We also provide additional services to our customers. UDS is a set of daily market data information that simplifies your daily processes. The UDS set of data covers:

• Closing and settlement prices,
• Futures & Options contract update,
• Clearing and exchange fees
• Contract mapping.

Going electronic for the front office business has been one of the main industry drivers since many years. At the same time middle and back office processes have evolved to answer those STP challenges in an industry where new instruments are created every day, volumes are always increasing and the liquidity is more and more fragmented.

As we know that middle and back office operations are critical to your trading business, GL TRADE has invested massively since many years in that area.

Our objective is to provide you with full multi asset suites and business and modular components that bring added value to your current legacy system.

All our suites are high volumes driven including capacity planning features to anticipate and monitor your trading operations.

As your clients are more and more demanding, our offer includes real time web services and user-friendly interfaces to suit all your specific requirements.

To achieve your goal of cross asset platform, we are offering an SOA framework to allow you to combine all our expertise and asset classes on the same platform.