Sell Side Execution & Trading platform
CYMBA Technologies Limited, a leading supplier of business software solutions for the Financial community, today announced it has lifted out its Sell-Side Trading and Electronic Execution platform into a functionally richer stand-alone product. Aimed at Investment Management and Brokerage firms this new product, named CYMBA Silverstone, brings to the market an efficient and cost effective trading / execution platform.
CYMBA Silverstone is already utilised by a number of CYMBA’s clients as a module within the CYMBA Athena platform by the clients’ brokerage divisions. It is now offered as standalone Sell-Side focused solution for Investment Management and Brokerage firms. CYMBA Silverstone integrates seamlessly with CYMBA’s compliance engine (CYMBA Centurion), and CYMBA’s Buy-Side solution (CYMBA Athena) where a client operates both Asset Management and Brokerage divisions.
CYMBA Silverstone provides a cost-effective, flexible and scalable solution for trading both Principal and Agency orders on exchanges.
Features include many of the Order, Position and Execution management features also available within the CYMBA Athena platform. Additional features include:
- Support the processing and management of client orders (from the Buy-Side via FIX messages);
- Receipt and display exchange level 1 and 2 order book data. Enabling traders to view the market depth and the position of their orders on the exchange;
- Receipt and display of real time exchange market data (via FIX messages);
- Enhanced quick order entry functionality;
- Where appropriate, Chinese-Wall separation of all operational areas across the firm.
“We have leveraged and extended our proven order management and electronic trading facilities of CYMBA Athena to provide a compelling, functionality rich and proven Brokerage platform. We believe the functionality, technology, openness and pricing model of CYMBA Silverstone will be welcomed in the market. CYMBA Silverstone is already live at a number of leading brokerage firms and we are about to commence on-boarding a number of additional key clients. We are very excited about the range of functionality CYMBA Silverstone will deliver to our new and existing clients and to the market in general” said Rodolfo Picciau, Product Director and Founding Partner at CYMBA Technologies.
CYMBA Silverstone is available as a fully integrated application suite and can be deployed either as an ASP or Enterprise Model.