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Product
GL CLEARVISION
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Tags: Middle & Back-office solution, Futures & Options , STP, ASP, DBMS, Integration, business process & workflow, System for exchanges, Derivatives software, Front & Middle Office derivatives specific
Overview
GL Clearvision is a real-time middle-office matching and clearing system for derivatives providing true STP between front-office, exchange and back-office systems.
Via a full integration with trading systems and direct connections to clearing houses, it matches orders with executed trades in real-time and sends clearing instructions to clearing houses, including automatic Give Out and Take In process.
- Full integration with SunGard GL Stream workstation and extensive connectivity with 3rd party trading systems
- Downstream link with major back-office systems, including SunGard’s GL Ubix and GMI, to achieve front-to-back STP
- Connectivity with 34 cash and derivatives exchange gateways
- Native scalability supporting volume peaks via the multi-gateway connectivity of our Smartgateways
- Automatic matching and clearing of executed orders with trades from the clearing house once transactions have been linked to the appropriate customer account
- Automatic acceptance of incoming give-in and management of give-up based on give-in details
- Intraday reconciliation detecting trading errors and clearing control mechanism to reduce counterparty risk
Related Products & Services
- GL Instant Suite
A suite of independent business components aimed at complementing legacy futures & options back-office systems in selected areas.
- GL Ubix
A back-office system for ETD. As a single platform, Ubix performs global clearing for multi-entity companies and helps enable time-zone independent 24-hour processing.
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