Generic Adapter for Trade Order Management Systems (SCION)

SCION is a Trade Order Management (Order Blotter) that can very easily be integrated with any Trading System. The main functions of SCION are the following:

  • Generate block trades based on flexible aggregation rules.
  • Reconcile allocations with brokers and custodians.
  • Allows the setup of complex commission rules for each custodian, broker combination .
  • Calculates commissions and provides commission compliance reports for the clients.
  • Integrates with Portfolio Accounting systems.
  • Provides control and alarm reports related to the daily trade activity.
  • Determines risk situations that can occur.
  • Minimizes the enterprise’s dependency on a specific trading system.