Fund 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.

Post Trade Processing
Prospero automates the entire post trade process, significantly reducing the workload of valueadding employees. Managers can rest assured that everything from trade transmission to book and confirmation is being taken care of by an efficient tool, which has been developed by a team of dedicated practitioners. The Prospero post-trade operations module provides comprehensive multi-currency, multi-asset class and multi-market support for transactions using automatic trade transmission (STP) between middle/back office and custodians/brokers. Post-trade instructions and confirmations are implemented using SWIFT messages. Manual processes and ad-hoc communications can also be implemented. Prospero provides the opportunity to create and modify/ reverse transactions manually if you so require. You can carry out detailed monitoring of transactions and follow settlement status using a comprehensive transaction blotter and a series of filters. The main financial instruments/ operations supported by Prospero are equities, fixed incomes, derivatives, money transfers, cash withdrawals/remittances, guarantees, loans, forex, contracts, and money
market deposits.

Create and Manage User-defined SSI Rules (Standard Settlement Instructions)
With Prospero, you can create and manage the user-defined SSI rules you need so that the settlement and reconciliation process has never been so effortless. Our Rules Engine offers eye-opening flexibility. Manage each and every automatic rule you need in just a few clicks. From global level to specific rules, you can now automate and standardize the entire process.

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.