Asset Management

Middle & Back Office

Execution Management
Prospero provides all the major features that traders need to be efficient in their daily tasks. Visualize your transaction tickets in a single, comprehensive, blotter interface. Access a consolidated overview which offers an advanced real-time view of trading activity and execution status. Check and validate orders easily in the case of investment restrictions, a breach of compliance or a broken credit limit, or adjust any information relative to the deal ticket, such as traded price. Prospero can also be connected electronically to your counterparts to implement straight-through processing. Orders and executions automation is generally implemented using the FIX protocol or ad-hoc messaging formats. More manual workflows involving emails or even fax can also be implemented.

Reconciliation
Trade confirmation, standard settlement instructions, post trade matching, settlement and reconciliation
Prospero offers a focal point for managing the reconciliation processes for every type of financial instrument. Our solution automates and standardizes the entire process – from importing data files, through matching data and reports exceptions.

Exceptions Management
Prospero offers a user-oriented dashboard which enables multiple visualizations across the full reconciliation data set and its Alerts Inbox offers instant insight into exceptions and root-cause analysis. In addition, the exception management capabilities ensure that all your reconciliation actions can take place in just a few clicks.

Automated Interfaces with Custodians
Prospero provides a full suite of services for automatic trade transmission reconciliation. It guarantees that all of your company’s data will always be clean and up to date. SAGE provides you with the ability to streamline and automate your middle and back office. For example once your order is confirmed, Prospero automatically consolidates the information and distributes it to your custodians, funds and specific connections for automatic reconciliation and posting. Everything is automatically managed by our solution, providing you with real time analysis and reporting from every department.

One of Prospero’s major objectives is to enable you to focus on value-added operations. Prospero assigns you a dedicated support team to ensure high quality connectivity, so that all of your requirements can be integrated as quickly as possible.