Order Management

The complex landscape of today’s investment strategies is fraught with risk and opportunities. To safely navigate these risks and take advantage of evolving opportunities, portfolio composition has become more complex than ever. Liquid and non-liquid assets are combined into single portfolios with real-time exposure and performance reporting becoming necessities. Most commercial software systems don’t support both liquid and non-liquid asset classes together which often results in traders having to use multiple standalone systems. In order to get a comprehensive view of exposure and performance, portfolio managers must manually combine positions from different systems – often with Excel. This process introduces risk and increases costs because it is a manual process subject to human error and can only be done several times a day.

The Solution

NorthPoint’s Portfolio and Trade Management System (PTMS) was developed to support trading liquid and non-liquid assets together on a single platform. It can handle any asset class and is easily customizable for any trade workflow (by asset class or strategy). It has real-time trade and position blotters that also provide performance attribution and exposure reporting across any dimension. This framework also seamlessly integrates with most major accounting systems including SunGard Visual Portfolio Manager, Advent Geneva, and Markit Wall Street Office.

Features

  • Utilizes NorthPoint’s Global Securities Master
  • Monitors, audits, and tracks trades throughout its user-role based workflow
  • Provides live trade and position blotters that allow ad-hoc performance and PnL reporting
  • Integrates with real-time market data
  • Integrates with execution platforms and 3rd parties (prime brokers, fund administrators) though FIX, drop copies, etc
  • Handles all asset classes and is easily extensible
  • Trades loans individually or as "strips"
  • Generates LSTA-standard trade tickets and funding memos for loans including Delayed Compensation and Economic Benefit
  • Calculates Bond Accrued Interest
  • Provides robust portfolio allocation logic on equal, custom rules, or prorate basis
  • Provides round-trip synchronization of trades and positions with most popular accounting systems including Wall Street Office
  • Highly-configurable Reference Data manager allows creation and assignment of users, traders, portfolios, and corresponding information like wiring instructions
  • Provides highly-configurable Security module utilizing user roles and permissions for all functions within the application
  • Generates Excel, XML, Html, or Outlook email reports of trade(s) in real-time or as part of an End-of-Day process
  • Provides user-configurable portfolio management reports including Dashboard, concentration, etc