MGL Finance Trade Manager™ is our solution for automating the middle office -- designed for global institutions and offering the most comprehensive range of functionality, MGL Finance Trade Manager enables bulge-bracket firms to significantly increase the profitability of trading operations by providing a single-solution approach for multi-asset trade management and processing, including automated block, DMA, and basket trade capture and processing, allocation management, confirmation, ticketing, and audit trail generation.

MGL Finance Trade Manager Benefits

Delivered and deployed in rapid timeframes, MGL Finance Trade Manager provides you with these near-term benefits:

• Automate basket, DMA, and cash trade allocations and increased capacity to process an ever-greater volume of trades
• Automate block trade and allocation processing, and eliminate errors due to manual system entry
• Improve productivity of existing staff and increase ability to dramatically scale the business without additional staff
• Provide a trade processing platform that could be leveraged into multiple asset classes, including fixed income and derivatives

MGL Finance Trade Manager Capabilities

MGL Finance Trade Manager reflects years of industry experience developing trading products and includes a robust, comprehensive solution:

• ETC Gateway – provides connectivity with external trade allocation and confirmation channels. Supported networks include OASYS (Direct), OASYS Global (Direct), FIX, and Fax/Telex. Proprietary and custom channels are supported via "Plug In" architecture.
• Notice Of Execution – partially or fully figures summarized trade executions for delivery to customers. This can be sent by report or electronically via the ETC Gateway.
• Allocation Capture – manages the lifecycle of customerallocations from validation to capture, maintenance, and archive. Allocations can be received pre- or post-trade by electronic or manual means.
• Allocation – creates customers trade legs by allocating the executed trade quantity across customerallocations. Pre-allocated, under-filled orders can be processed using a number of algorithms.
• Booking – enriches trades with information required for booking (e.g., legal entity, execution venue, capacity, et cetera). Generates additional trade legs for inter-entity trades if necessary. Automatically detects and processes amends and cancel/corrects.
• Figuration – determines appropriate money amounts for all tickets. Calculates all taxes, fees, levies, and commissions using a highly configurable charge rule manager to respond as fee structures change globally.
• Trade Capture – manages the lifecycle of trades from validation to capture, maintenance, and archive.
• Trade Confirm – enriches trades with settlement information, formats confirmations for electronic or text based distribution, and sends them via the appropriate delivery channel(s).
• Audit – changes to any entity can be recorded to produce an audit trail.
• Flexibility and Scalability

The Configurable Solutions Advantage

Because our solutions are built using our component-based development platform, they are inherently flexible and scalable – our applications allow our customers to leverage maximum functionality, while working in a manner that is perfectly suited to their businesses.

Our applications adapt to our customers – not the other way around. Our customers work and generate profits in their preferred and proven ways using MGL Configurable Products.