Position Keeping

The Business Problem

Investment banks execute millions of trades a day in markets all around the world. They are almost constantly delivering and receiving securities. Accurate and real time position keeping is essential to these firms because without it, optimal decisions about how best to use available inventory cannot be made. A global real time position keeper can generate many millions of dollars in additional annual revenue for a broker dealer with worldwide operations.

Position keeping is a difficult problem because of the large volume of trading and settlement activity occuring across multiple entities within an investment bank. The problem is further complicated by the fact that this activity takes place in different markets with different currencies, georgraphic locations, settlement cycles, and regulatory requirements.  Even within a single bank, there could be disparate settlement systems that need to be accounted for.

Where Galatea Fits

Galatea has implemented real time position keepers for multiple major clients. These position keepers enable traders to make more profitable decisions and serve as a backbone for critical systems that optimize segregation, collateral, and other trading decisions.