Broadridge FX & Liquidity Solutions (FXL)

Broadridge FX & Liquidity Solutions (FXL) has four main components:

FXL - FX & FX DERIVATIVES - Componentized Front, Middle & Back Office Solutions

FXL ORDER MANAGEMENT - Market & Limits Orders for FX & FX Options

FXL CASH MANAGEMENT -  Global Liquidity views Across Asset Classes & Entities

FXL RISK MANAGEMENT -  Global Limit Monitoring, Margin Monitoring & VaR

FXL Provides:
 
GLOBAL OPERATIONS
 
FXL provides global scalability and promotes 24x7 processing. All users can perform daily activities without interruption (even during end-of-day processes).
 
CROSS PRODUCT
 
FXL supports front, middle and back-office processing across an extensive set of Financial asset classes, including Foreign Exchange, Money Markets, Cash Management (Nostro & client), Exchange traded, Futures, Exchange Traded Options, OTC FX Options, Unallocated Metals, and internal arbitrage.
 
RAPID INTEGRATION
 
FXL’s interface Gateway allows for quick integration into even the most complex existing infrastructures leveraging FXL’s pre-built adapters. FXL can be quickly deployed in house or under a SaaS model.
 
GLOBAL VISABILITY
 
FXL provides intra-day real-time aggregation of positions, risk, balances and cash flows across organizations, entities, account, currencies and currency pairs.
 
HIGH VOLUME/SCALABILITY
 
FXL’s technology supports large volumes of transactions and scales for peak loads. FXL’s processing capacity handles hundreds of thousands of trades a day with spikes of one thousand trades per second.
 
TECHNOLOGY
 
FXL uses the latest technologies including HTML5, C# and Microsoft’s .NET framework to ensure scalability, exibility, and low total cost of ownership.
 
TRADE AGGREGATION
 
Broadridge FXL for Margin Brokers aggregates trades in real-time fromany dealing platform and Prime Brokers. Supports Prime of Prime.

POSITION MANAGEMENT

Real-time aggregation and management of positions, risk, and P&L from both house and client perspective. FXL provides the tools for users to view data how they need to, in order to effectively manage or mitigate risk, including your client’s profitability.

MARGIN

Real-time pre-trade checks against the current value of a customer’s collateral and existing net open position enables informative decision making.

RISK MANAGEMENT

FXL provides real-time market, credit and operational risk management.

TRADE PROCESSING & RECONCILIATION

FXL will manage your trade and positions through the full trade lifecycle including settling of trades, and fixing and monitoring of options. FXL provides trade and position reconciliation with other prime brokers or counterparties.

REAL-TIME CLIENT REPORTING

Flexible, highly congurable Web based reporting. FXL allows your customers to view their positions and risk while also providing them with trade reporting and statements.

Product and service specifications
Charging basis for consultancy work
• N/A
Database
• MS SQL Server
Language used
• C#
• HTML5
Operating system
• Windows XP
• Other
Pricing structure
• Other
User interface
• GUI
• Web
Tags:
Trade Processing, Foreign Exchange, FX, Trade Order Management, Aggregation, Futures, Options, OTC, real-time, STP, Volume, Performance, global, OMS, global, Margin