Client: Capital Asset Management Company
Industry: Financial Services
Challenges
The client, a prominent capital asset management company, faced challenges in generating dynamic trade reports for institutional clients accurately and quickly. The existing manual process of collating trade data from various systems was time-consuming, error-prone, and lacked scalability.
The client needed a solution to automate trade reporting processes, improve accuracy, and ensure timely delivery of reports to clients.
Solution
Paramatrix developed the Institutional Trades Processing And Reporting System (ITPRS) to address the client's challenges. ITPRS automatically pulled daily trade data from various trading engines based on triggers to avoid delays after market hours.
The system implemented a sophisticated warning mechanism to alert users of potential delays and ensure timely report generation and dispatch. Features such as dynamic report generation and auto-emailing enhanced efficiency and accuracy.
IMPACTS
Automation of trade reporting processes reduced processing times and errors.
Timely delivery of accurate trade reports strengthened client relationships.
Streamlined operations increased productivity and efficiency.
Enhanced transparency and communication improved client satisfaction.