The product offering
Dedicated Buy Side tools:
the quest for efficiency continues
Our expertise in serving Sell Side clients is a key strength in
facing the challenges of the Buy Side market. Buy Side traders
are now looking for the most advanced electronic solutions that
will give them access to markets and real-time information whilst
also helping them develop trading strategies.
In 2006, GL TRADE used its expertise to provide Buy Side
managers with GL Execution Management System (GL EMS) a
package offering a broad range of sophisticated execution tools.
It is well suited to trading in all types of securities irrespective of
the market they are traded on. GL EMS™ is able to communicate
perfectly with our clients’ existing internal order management
and back office systems via Excel and FIX. It is integrated with
GL NET and with various pools of liquidity and simplifies the
selection of counterparties. GL EMS™ contributes to significant
improvements in fund performance whilst allowing funds to
comply fully with new financial regulations.
GL TRADE now generates 15% of turnover from the Buy Side
community, with several thousand Buy Side workstations in
distribution by nearly 80 brokers.
Post-Trade Derivatives solutions:
volumes continue to rise
Post trade solutions provide automated real time management
of the entire deal settlement process and manage the allocation
and delivery of all necessary information to the Back Office. They
are the product of the integration of the GL CLEARVISION Middle
Office and UBIX Back Office suites.
We are constantly optimising our technology to help develop the
performance of our Post-Trade Derivatives solutions, at a time
when trading volumes of listed derivatives continue to grow. Our
development efforts for GL CLEARVISION were boosted by the
arrival of staff from EMOS, a derivatives Middle Office specialist,
in 2006, who are contributing to the development of the future
version of this solution. The next-generation GL CLEARVISION
suite will naturally include all the most powerful functions of the
EMOS product. We have already demonstrated our progress in this
area with certain clients, and have received very positive feedback.
We have also emphasised the development of new Back Office
functions in order to take full advantage of GL CLEARVISION’s
dominant position with important international institutions and
provide our users with ever better performance.
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