PHOKAST- Global Trade Manager

Post-trade matching process includes cross border trades, SSI Enrichment, Multi-asset class coverage, Multi-input facility- FIX, importing files and direct user interface, regulatory compliance, easy configuration of matching parameters, rich SSI settings, third-party notification, on-time exception handling, single platform to support multi-institution and their counterparties and easy tracking of trades via GUI.

How it Functions

PHOKAST GTM (GTM) provides a robust infrastructure for comprehensive post-trade clearing services between buy-side institutions and executing brokers. While processing trade matching and trade confirmation, PHOKAST GTM helps to generate and submit settlement instructions to the third parties like custodian banks and prime brokers to achieve Straight Through Processing (STP). 

PHOKAST GTM can be a centralized trade matching platform in any financial institution to process trade enrichment, trade confirmation, and settlement processing for multiple counterparty institutions. 

GTM receives blocks & allocations from the investment manager and neighborhoods & contracts/confirmations from executing broker. GTM matching engine applies the matching trade algorithm to the blocks & allocations. Mismatched trades will be notified to the respective counterparty to perform trade correction, and the custodian system will receive the matched deals after enriching the settlement details.

What sets us apart

• End-to-end automation of the entire trade matching process.
• Competent matching engine
• Regulatory compliance
• Exception management
• Cost effectiveness
• High transparency

Key Features

Configurable matching rules

Trade Status Visibility

Customized Dialects

SSI Database

Trade Enrichment

Exception Handling

Easy Integration

Notification of Key Events