Our client, a fast-growing financial services firm specializing in securities trading, offers a range of solutions for institutional investors and retail clients. Their primary services include fixed income and equity trading, enabling clients to buy and sell securities efficiently and precisely.
The client faced challenges with trade reporting, struggling to meet regulatory compliance. The existing trade reporting system must integrate a customized version of the protocol and an API that required specialized knowledge for implementation.
Softude’s Role
Softude developed a solution as a high-performance microservice to automate the trade reporting process, handling real-time trade executions and ensuring timely submissions. We enhanced the solution with advanced data validation, error checks, and seamless API integration to ensure accuracy and compliance.
500+
Trades Reported/Sec
12
Million Trades Managed Daily
100%
Error-Free Reporting
Benefits in a Nutshell
01.
Faster Reporting
Automation eliminated manual tasks, accelerating the trade reporting process and saving time and effort.
02.
Compliance Assurance
By submitting trade reports on time, our client continuously meets all regulatory requirements, ensuring full compliance.
03.
Error-Free Reports
Comprehensive validations and checks ensured that every trade report was accurate and error-free.
04.
Handles High Volume
The system efficiently processes millions of trades daily without any performance issues.
Client Testimonial
We were impressed by Softude’s hands-on approach and deep understanding of our trade reporting challenges. They not only delivered a robust solution but also supported us every step of the way, ensuring everything was running smoothly.
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