PRODUCT VALUE
Institutional
Issue Mgmt.
- Issuer Profiles: Capture and track Issuer information
- Issue Terms: Capture and track terms and details of an issue
- Date Management: Capture and track pertinent dates related to the issue from issue inception to post closing
- Deal Status: Restrict user and order access and display user notification on deal status
- Contact Information: Capture and track contact information on an issue
- Commentaries: Display information that is suitable to an applicable set of users (i.e. Retail, Compliance, Finance)
- Fees and Expenses: Capture and track fees and expenses for both the purpose of ticketing and profit and loss estimatization
- Jurisdiction and Eligibility Management: Restrict orders based on both jurisdiction and eligibility of accounts
- Document Management: Store and access issue documentation for the purpose of marketing and issue management (i.e. term sheets, greensheets, prospectuses)
Order Book Management
- Syndicate Book
- Manage book size and allocation by sales channel (i.e. retail, institutional and dealer)
- Capture interest and allocations for each Syndicate Member and Selling Group Member
- Institutional Book
- Enter Client interest at various price thresholds
- Capture and track Client details including time/date stamp, notes and employee affirming allocation
- Rapid order entry for bought deals with auto-fill feature
- Model order book based on price sensitivities
- Ticket Client orders to various sub-accounts
- Retail Book
- Retail Syndication Book
- Manage Branch allocation with "drill down" capabilities into Branch and IA order books
- Automated pullback of allocations in excess of demand
- Perform automated allocations based on pro-rata interest or performance algorithm
- Automated email delivery of allocations
- Branch Order Book
- Enter bulk interest on behalf of the Branch
- Track IA's interest, confirmed and contracted orders
- Perform manual and automated allocation to IA's
- Allocate to IA's based on pro interest or performance algorithm
- Investment Advisor Order Book
- Enter bulk interest, track Client interest and perform allocation to Client accounts with auto-fill feature
- View Client profile and Client new issue activity
- View attachments on both current issues and historical issues
- Sales Assistant access
- View, manage and enter orders on behalf of joint RR Codes
- View critical dates calendar
- Automated email notification where IA interaction is required
- Retail Syndication Book
Ticketing
- Perform straight-through-processing of contracted orders
- Capture settlement details
- Ticket and contract both buy and sell orders for Retail, Institutional, Dealer, Inventory and Issuer
- Trades are automatically transmitted to the appropriate back-office system
- Supports ISM, Broadridge (Dataphile, ADP)
Reporting
- System generates Industry Standard reports for Compliance, Finance and Performance.
- Ad-hoc search engine for customized reporting
- Sample: Distribution Certificate, Schedule A, Form 2E, IROC Pre-marketing Certificate, Purchasers List, Deal Sheet, P&L Estimate, Buyers/Exempt List, Capital Report, Reports by Client, Branch, Advisor, and Dealer
Calendars
- Capture and track roadshow events
- Download events to Microsoft Outlook
- Register for events and view event registration
- View issue dates that include announcement, pricing and closing dates
Key Users
- Retail Syndication
- Equity Capital Markets – Institutional
- National Sales Manager
- Retail Branch Manager/Assistant
- Retail Investment Advisor
- Sales Assistant
- Investment Banking
- Compliance
- Finance
- Operations
