Total Brokerage Solution (TBS)
DirectFN™ Total Brokerage Solution (TBS) is a fully integrated, comprehensive, advanced e-trading platform aimed at automating order/risk management and settlement workflow of a sell side brokerage.
Highlights of DirectFN™ TBS
Multi Market, Multi Asset Class, Multi Currency
Multi Channel Online Trading
Desktop, Web & Mobile Clients
Dealing Room and Agents
Advanced Order Management System
Retail and Institutional
24x7 Transaction Processing Engine
Real-Time Straight Through Processing of Orders and Execution Reports
Parameterized Risk Management System
Rule based definition of Exposure, Preferences and Permissions for pre & post trade validation
Fully Integrated Order Routing System
Inbound and outbound orders on FIX protocol
Direct Market Access
FIX connections to Local Exchange and Multiple Executing Brokers
Real time Margin Exposure Calculation and Margin Calls
Advanced Trading Options
Conditional, Desk and Algorithmic Orders
Advanced Security Options
Group & Role based entitlements, Maker-Checker principles, Audit Trails
Multilingual, Personalized, Intuitive User Interfaces
Customizable work spaces, watch-lists, hot keys, toolbars and drag & drop capability
Scalable, Secure and Highly Available
n-tier Architecture adhering to SOA principles
Multiple Deployment Options
Enterprise and Open Source Technologies
Open System with Standardized API
Seamless integration with Counter Party Systems
Modules of DirectFN™ TBS
DirectFN™ e-Trading Front Ends
Client server, Web and Mobile based interfaces providing real-time market information, news and announcements; value-added financial information and advanced portfolio and order management functions for a seamless e-Trading experience.
DirectFN™ Dealer Terminal
A fully fledged client-server application aimed at meeting the routine and advanced workflows of a dealing room with a rich set of sophisticated functions and advanced tools related to Order and Execution Management, Market Monitoring and Compliance.
DirectFN™ Market Information System
A low latency, high performance, interactive service disseminating premium real-time market information, historical data for charting and technical analysis, news, announcements and other value-added financial content to better equip investors to execute sound investment decisions.
DirectFN™ Order Management System
The core transaction processing engine of DirectFN™ TBS.
Accepts inbound orders from DirectFN™ e-Trading Front Ends, Dealer Terminals and FIX channels and route to relevant exchanges or executing brokers after pre-trade risk management.
Risk-manages orders received based on pre-configured and parameterized rule-based risk parameters.
Processes execution reports from exchanges or executing brokers for real-time portfolio management, exposure limit adjustment and gain/loss calculation.
DirectFN™ Broker Back Office System / DirectFN™ Admin Terminal
A fully fledged client-server system aimed at supporting and automating the Administrative and Back Office work flows related to Customer Account Management, User Roles and Entitlements Management, Risk Parameter Management, Finance Management, Compliance, Trade Reconciliation and Settlements and MIS Reporting.
Optional Add-On Modules
A host of add-on modules provides the option for DirectFN™ TBS to support advanced trading options and integrate with external systems.