Benefits for Funds & Traders (DVP, Cash or Combined)
AccounTrex, the first back-office & portfolio management system designed exclusively for funds that include Syndicate Trading in their strategy, provides a highly automated solution that allows fund managers & traders to focus more on deals, less on back-office issues & boost profits.
Back-Office Automation
- Transaction & Account Balance Data Downloaded Directly From Brokers
- Patent-pending automated inter-account transaction matching
- Automatic reconciliation for any & all accounts
- Custom tag transactions for reference, report filtration, or for assigning percentages for special P&L consideration
- Rapidly upload & affirm trades with Prime Broker
- Account & Broker Contact Management
- Monitor late free deliveries & resultant account drawdowns
- Alerts for late free deliveries & debit balances
- Projected cash availability based on future stock deliveries & historical account free delivery timing
Deal Management
- Multi- entity & account indication, allocation & trade blotters
- Streamlined multi-entity & account allocation trade entry
- Automatic import of newly announced deal info
- Enter data once. That’s it. Allocations & trades entered into the Blotters or Ledger are used across all system features: Reports, Prime Broker upload, reconciliation, etc.
Centralized Portfolio Management
- Monitor automatically matched cross-account positions for a true global view of fund-wide holdings
- View fund-wide aggregated account balances
- Easily reveal unauthorized or errant allocations, wires & commissions
- Rapid multi-entity & account trade entry
Performance Reporting, Syndicate Style
- Broker Performance Report Displays account profit versus commission paid, as well as % of profit & payout for partners via custom Tags
- Automatic custom P&L reports
- Filter P&L Reports to display account allocation performance assessment, past deal analysis, underwriter performance, you name it.
