Use Case: Hedge Fund
Proxima is a locally based hedge fund and portfolio manager employing nostro traders who are running numerous types of trading strategies. Proxima has been using both IntelliTrade OMS and IntelliHub for over 4 years.
IntelliHub + IntelliTrade OMS benefits:
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All data within the organization is now aggregated and normalized in IntelliHub providing a comprehensive real-time view of all positions, open orders, and real time market data.
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Real-time snapshot of all positions, open orders, and real time data is now available on-the-fly.
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Traders are now in the position to create their own trading client suited for their custom needs.
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Joshua was embedded into their existing client server lowering development and maintenance costs.
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Report generation has been delegated away from the users, converted to RTD which supports generating live real time reports (Backoffice, Surveillance, Compliance).
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Flexibility and scalability of the systems means adding and integrating additional locations or systems will not pose any issues going forward.
Prior to IntelliTrade OMS + IntelliHub:
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Backoffice and Risk - Fragmented multibank environment – multiple trading systems, multiple statement formats, and standards.
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Multiple information systems (Bloomberg, IB, Reuters, exchanges, etc.).
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Traders need for advanced algo trading systems.
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Issues with tracking trader’s activity in real time .