Front Arena for the Back-Office
With Front Arena, you can maximize the levels of STP within your organization while implementing your own specific operational controls. The result is a fast, safe and cost-efficient business environment.
Total Control
True STP, both core and customer-specific, is the essence of Front Arena with total control of the workflow. You can assign different access and control rights to individual users or groups, making the workflow definition as detailed as their duties demand. Furthermore, you can assign access rights to each data entry, thus encouraging a flexible and thorough approach to data integrity and data ownership.
Flexible Settlement Manager
You decide when, and in what order, payments are normally processed. Front Arena can also handle payments that diverge from the standard settlement process, as well as ad hoc netting of cash flows, splitting of payments and manual transfers between accounts.
Full Transparency with Arena Sub Ledger
You can capture the bank's full chart of accounts with the Arena Sub Ledger and define your accounting rules by portfolio, currency, trading desk or any other feature. A sub-ledger report is then run in real-time, listing the day's accounting events, and the accounts to be posted.