Automated transaction processing from front to back office
RISQUE is a front to back STP platform covering all markets and asset classes that enables clients to reduce trading costs while pursuing new opportunities.
By fully automating transaction processing from trade initiation to back office treatment along a flexible rule-based workflow, RIQUE minimises operational risks and streamlines processing, settlements and accounting.
Key Benefits
- Front, middle and back office users share an efficient trade validation process on the same real-time application, for better operational risk control
- By supporting large volumes of transactions, as much as one million trades a day, the solution facilitates operation automation and reduction in trade failures
- Unification of transaction processing for clients who have operations running across multiple sites
- Flexibility of configuration for custom user views
- Modular structure allows customisation of the system, making it flexible and adaptable to all types of trading organisations
- Workflow Management triggers back office engines depending on actions, events and status defined for every group of instruments; every transaction can be simply checked, modified, validated and enriched by users all the way along the validation workflow
- Confirmation & Payment messages are sent and received automatically and safely; the templates can be fully customised, and the messages are operational in any format including SWIFT and CHAPS
- Settlement Instructions enable real-time electronic exchange with third parties, ensuring adequate settlement of trades and generating accounting entries at real settlement date, supporting large volumes of securities trading within a fully customisable workflow
- Cash Management provides access to detailed balances and facilitates tracking of expected movements of cash in the near future
- Facility to communicate with all types of counterparties and systems. Standard connectivity is delivered with clearing and matching systems such as DTCC, TZero, MarkitWire and Omgeo
- Capability to reconcile trades and positions with third parties
- Security features such as storage of messages in the database, "Four Eyes" check, configurable user rights, confidentiality and full audit functionality
Learn more about our asset class coverage
