Stream Phase3 Middle Office

Stream Phase3 Middle Office is a real-time solution that seamlessly connects with order management systems in the front office through to Stream Phase3 (formerly known as Phase3) in the back office for complete straight-through processing from deal capture to allocation, confirmation and settlement.

Stream Phase3 Middle Office offers true cross-asset capabilities, including the ability to process equities, fixed income and foreign exchange for any currency on domestic and international markets. This supports the broker-dealer’s capacity to take on new clients by making it easy to set up commission schedules, show charges on the confirm for non-dollar markets, quickly produce confirms according to each client’s preference, and even handle each market’s fees and taxes.

Features

  • Automatically captures trades from any front-office system and then enriches them with charges
  • Supports flexible charge calculations across multiple markets and products
  • Can automatically calculate charges based on a broad set of criteria
  • Provides deep functionality within each asset class
  • Automatically processes allocations that are received electronically and routes exceptions to the correct user and screen to be fixed

Benefits

  • Supports straight through processing across the front, middle and back office
  • Features flexible charge calculations
  • Provides real-time confirmations to help ensure that accurate data is quickly distributed to clients
  • Includes an allocation workflow
  • Helps ensure accuracy and mitigate risk

Brochures & Datasheets

Related Products & Services

  • StreamCore

    A collection of services that consolidate data from across the enterprise to help you solve real business problems.

  • Stream Phase3

    A real-time, order-to-settlement securities processing system for broker-dealers, ECNs and correspondent clearing firms delivered in an ASP environment.