Brokerage Back Office
The operational core of a securities firm.
Overview
The Brokerage Back Office runs the accounts, ledgers and controls of a securities firm. It keeps client cash and securities in order, calculates commissions and fees, produces contract notes and statements, applies corporate actions to client positions and controls credit and margin through approval hierarchies.
It reconciles with the depository and produces regulatory and management reporting across every branch of the firm.
A brokerage is only as reliable as its books. Client cash, securities, fees, statements and margin must reconcile every day, across every branch.
Capabilities
Client accounts
The master record of each client and account.
Cash and securities ledgers
Complete ledgers of client cash and securities.
Commissions and fees
Calculated and applied to every transaction.
Contract notes and statements
Produced automatically.
Corporate actions
Applied to client positions.
Credit and margin control
Controlled through approval hierarchies.
Depository reconciliation
Client holdings reconciled with the depository.
Regulatory and management reporting
Reporting across all branches.
Built for
Works with
Shared foundations
- Role-based access control, segregation of duties and maker-checker approvals
- Complete audit trails across financial and administrative actions
- Encryption in transit and at rest, secure APIs, monitoring and operational logging
- Deployment in your data centre, private cloud, locally hosted, managed or hybrid, chosen module by module
Questions about Brokerage Back Office
What is Brokerage Back Office?
The operational core of a securities firm. The Brokerage Back Office runs the accounts, ledgers and controls of a securities firm. It keeps client cash and securities in order, calculates commissions and fees, produces contract notes and statements, applies corporate actions to client positions and controls credit and margin through approval hierarchies.
What problem does Brokerage Back Office solve?
A brokerage is only as reliable as its books. Client cash, securities, fees, statements and margin must reconcile every day, across every branch.
Who is Brokerage Back Office built for?
Brokerage Back Office is built for brokerage houses and multi-branch securities firms.
Which OTS products does Brokerage Back Office work with?
Brokerage Back Office works with Order Management System (OMS), Options Platform, eKYC Electronic Services and OPT Post-Trade System.
Can Brokerage Back Office be deployed in our own infrastructure?
Yes. OTS products can be deployed in your own data centre, in a private cloud, in a locally hosted environment, as a managed service where regulation permits, or as a hybrid, chosen module by module.
How can we start with Brokerage Back Office?
Most engagements start with a half-day discovery session, followed by a demonstration on scenarios that look like yours and a scoped pilot with a fixed timeline of 30 to 90 days.