A fully integrated derivatives back office system, GBST Derivatives Client Accounting (DCA) helps enhance business efficiency with real-time data updates and processing combined with flexible, automated reporting for the retail and institutional business.
By interfacing directly with the ASX Derivatives Clearing System, DCA processes messages (e.g. trades) in real time. This gives users access to all data issued by the Clearing House including open interest, theoretical and reference prices, and more. Specifically, DCA clears:
DCA also interfaces with a number of banks for daily settlement obligation – identifying reconciliation differences with the Clearing House for proactive repairs.
Clearing and client accounting updates are performed in real time and user transactions simultaneously update both, eliminating the need for dual entry. DCA also uses a single data source. For example, collateral lodged with the Clearing House is reflected at clearing and client accounting levels.
Client statements can be produced quickly and easily with a range of parameters, allowing brokers to tailor their service for individual client accounts. DCA also accommodates an extensive range of internal reports, which are automatically archived for easy retrieval. Ad hoc reports can easily be exported in a variety of formats including email, Word, CSV, PDF and more.
This is combined with the ability to customise commission and interest management:
DCA also provides comprehensive online auditing of user and system updates. The audit trail is available for enquiry and printing, and shows update details, date/time and the identity of the user responsible for the update, which is then archived.
The DCA platform integrates with GBST MarginSuite Derivatives, GBST Order Management System (OMS), GBST FrontOffice, GBST Business Intelligence Reporting (BIR), GBST Shares and GBST Syn~®. In addition, GBST delivers integration between DCA and Iress Portfolio System (IPS).
A highly scalable system, DCA can accommodate an unlimited number of accounts under the Private, Institutional, RIOT, House and RT account types.
Streamline your business with real-time integration and end-to-end processing of equities in the middle and back office across all types of participants with GBST Shares™.
Gain greater insight into your financial services business with our flexible, comprehensive GBST Business Intelligence Reporting (BIR) tool, which is fully integrated with all other GBST solutions right out-of-the-box.
Build stronger client relationships, improve conversion rates and generate more revenue with GBST FrontOffice, our market-leading customer relationship manager (CRM) system.
Access real-time views of market data and submit, schedule, amend or cancel orders easily with GBST Order Management System (OMS).
Predict and monitor margin requirements for both cash market transactions and derivatives using GBST MarginSuite, and leverage GBST Business Intelligence Reporting (BIR) to calculate capital liquidity requirements.