Brokers and Traders

Industry Expertise

Within the Brokerage industry the key objective of any information system should be to deliver the right information - to the right people - at the right time. In this way, an institution is able to increase its profitability by controlling costs, increasing revenue and controlling risk. However, with budgets being tight and with the continuing economic uncertainty, companies that invest wisely in systems that also add value to their business will find that they can respond faster to the changing business climate - and can ultimately reap the rewards of more a responsive back office operation.

In addition, and as more brokers start to increase their global presence, so the regulatory environment tightens. In the international markets, the International Accounting Standards (IAS) and the Basel Capital Accord (Basel II) are creating an urgent need to adapt business processes and IT systems to satisfy stringent requirements.

Sapphire has over 20 years experience in providing financial and business management solutions within the brokering sector. Our solutions are suitable for companies large and small, local and global.

Sapphire's range of solutions can include:

Full back-office accounting, business and performance management capabilities.

Seamless two-way communication between back and front-of-office systems.

Automated FSA & compliance reporting pack options.

The ability to trade in any currency, and to obtain the correct view of the data, provided by sophisticated multi-currency facilities that are simple to use.

Access to timely information for multiple hierarchies, provided by advanced consolidation capabilities.

Multi-GAAP, IAS and IFRS compliance.

Open periods to match posting and reporting requirements of the organisation

Dual base-currency, providing full Euro support

Tax reporting, with up to 100 criteria available for selection

Standard text for attachment to transaction types and data records

Multi-Currency asset register

Integration Systems

In order to become more responsive to the needs of both the market and it's customers, many brokerage organisations find it necessary to enhance financial data by improving integration and straight through processing with fund management and settlement systems. This helps to refine cost reporting and analysis abilities, improve the strategic planning process and reduce the reliance on spreadsheets for management reporting, budgeting and forecasting. To help do this, Sapphire offers a range of integration modules which are supplied out of a box, and enable scheduling of a range of data transfers between SunSystems and other applications within the business.

For more information on the solutions that can fulfil these requirements please visit our business solutions section.

If you are interested in seeing any of our product and services in action, why not check our events section for further information.

For more information, please don't hesitate to contact us.