Phase3

Phase3 is a real-time, order-to-settlement securities processing system. Delivered in an ASP environment, Phase3 helps reduce manual tasks, delays and errors; simplify operations; and provide up-to-date information for reliable decision-making. Phase3 automates every step in the trading lifecycle seamlessly without the need for manual intervention.

• Provides a real-time architecture, API and replication for straight-through processing (STP) and ease of integration
• Handles high volumes and all levels of business continuity
• Offers real-time edits that help ensure accurate orders and risk mitigation
• Performs real-time margin analysis
• Increases efficiency by reducing manual tasks, delays and errors

In addition, Phase3 supports the international investment activities of brokerage firms globally with true multi-market, multi-currency capability. You can combine dollar and non-dollar equity and fixed-income securities transactions and financing transactions in one system with interfaces to global depositories and clearing facilities worldwide.