Sophisticated trading toolset
Customisable blotters allow team- and user-tailored views and support Alerting and real-time data. Tools allow trading professionals to manipulate orders for netting, crossing, merging, shaping and basket creation. Counterparty restrictions can be visualised and used to split orders prior to placement. A streaming Transaction API allows Investment Managers to integrate their own custom workflow tools to monitor and manipulate trades in real-time from outside Thinkfolio.
Comprehensive and Extensible connectivity
Orders can be placed to direct brokers, FIX hubs, Execution Management Systems, Swap Execution Facilities, Multilateral Trading Facilities, and other trading platforms via a number of protocols including FIX, FIXML and FpML. Placement using broker algorithms is supported via ATDL and platform child orders can be monitored in Thinkfolio in real time. Thinkfolio’s FIX interfaces support restricted broker lists at both block and allocation level as well as support for capturing competing quotes from execution platforms.
Flexible allocation and fee calculation
Post-execution allocation can be done using a number of pre-built profiles including profiles designed for Equity IPO and Bond New Issues as well as best fit for Futures traded on exchanges that do not support average pricing. Thinkfolio also allows investment managers to create their own custom allocation algorithms via its Allocation API
Fees and commissions are supported via structured rules and can be defined at block, allocation, country, currency or venue level. Hierarchical value thresholds and custom categories can be used to further refine the calculation of these charges.
Automation of trade processing and execution
Pre-Trade Automation rules provide the ability for zero-touch routing and execution of orders allowing trading professionals to focus on the areas where they truly add value. Post-Trade Automation rules ensure that the counterparty affirmation/confirmation with matching systems such as CTM, MTM and GTSS, APA publication with TRADEcho and TRAX, and fund accounting system confirmation workflows are automated with a Post Trade Matching dashboard that allows middle-office analysts to review and resolve trade matching exceptions directly in Thinkfolio.
Clear and complete booking and audit
Thinkfolio has a flexible fund accounting system integration layer that allows full integration with the back office. TCA report extracts allow integration with Industry leading Transaction Cost Analysis tools facilitating a tight feedback loop for trading professionals monitoring adherence to their Best Execution policies. A full and clear audit trail ensures clarity of trade changes and shapes and complex trees are easily visualised and navigated.
