Order and Execution Management
Seamless Flow between Portfolio Managers, Traders, and Accountants
OMS/EMS Workflow Automation
Order management is an integral feature of the QED platform that extends straight through processing with strategy model construction, on-demand account rebalancing, and trade ticket life cycle management.
QED's order management tools provide full-cycle support for global equity and fixed income securities to automate communication of order details across portfolio management, trading, and accounting views.
Real-time integration with order entry, cash management, and market execution sub-systems eliminates manual order and fulfillment processing.
Flexible and configurable integration is available for industry leading execution platforms creating a seamless flow with your preferred trading systems that use FIX messaging protocols or secure data exchange protocols.
With QED's OMS/EMS connectivity, data flows are connected between business units to ensure trading desk activity flows seamlessly to trade settlement and accounting. The simplicity of this straight through process keeps your team up to date with your intraday order and execution activity.
Securities Movement and Control
The QED platform automates straight through processing of bi-directional trade traffic with counterparty systems including brokers, managers, custody banks, and settlement locations.
Secure connectivity and data encryption features enable electronic delivery of trade advices to clients, depositories, regulatory agencies, banks, and third party systems for fully automated trade recordkeeping from order through reconciliation and reporting.
In addition, the QED platform automates transaction, position, and cash activity communication with custody banks providing automation for reconciliation, confirmation, and affirmation processing with depositories, transmission of settlement and delivery advices, and real-time cash settlements at multiple locations.
Model Management and Rebalancing
Integrated model management and rebalancing features deliver flexible tools for the creation, maintenance, and application of your model strategies for individual or multiple accounts. Portfolio managers can create and manage models directly within the application, import models from external sources, import and export model-generated trade lists for analysis and reporting purposes, and route orders for trade execution.
Active model management within the platform is dynamic and changes are applied interactively. Static models may be retired and retained – using rollover functionality – for historical reference and review. QED model management supports opportunistic strategy adjustments where portfolio managers may apply tactical single or multi-security actions to individual accounts or across composite groups.
Additional features include cash management "what if" functionality for evaluation of cash requirements in support of trading activity as well as automatic adjustments to maintain established cash minimums.
Pre-trade blotter tools facilitate review and adjustment of trades generated from rebalancing tasks before releasing actions to the order management system. And, the QED platform supports portfolio compliance through administration of restricted trade lists, approved lists, and dynamic cash management.
To further accommodate client requirements for advanced model management (statistical, optimization, price sensitivity, etc.), the QED platform directly integrates with third party portfolio modeling applications. This allows you to gain the full benefits of the QED solution while retaining the ability to select among highly specialized modeling options that best fit your investment strategies.
