MARKETWARE INTERNATIONAL, global provider of retail online trading solutions for financial institutions, announced the launch of its new enhanced version of MARKETWARE ONEWORLD Middle Office.
The solution, which provides real-time middle office processing for securities, can now offer clients direct market access to ten different markets, fully automating trades entered through its online webBrokerPlus front end and reducing the risk associated with manual processing.
Already deployed in Asia, MARKETWARE ONEWORLD Middle Office is a flexible and easy to install platform with a new Service Oriented Architecture feature that allows smooth and efficient connections with other third parties or vendor partners. With this new version, clients are able to reduce back office costs by merging market executions and reviewing same through one platform while facilitating allocations of trades before transmitting to their clearing back-office systems of choice.
Our clients will also benefit from an improved webBrokerPlus user interface that provides for a more consistent and logical flow. Users are also able to focus immediately on trading exceptions by using the new real-time alerts and color-coded message center.
"As more and more Financial Institutions (FIs) demand access to International markets Marketware One World provides a single platform for processing trades to various markets, integration to FIs' Advisor platforms, confirmations, allocations etc. With MARKETWARE ONEWORLD, we have made it possible for Financial Institutions to be able to handle multiple messaging types, including FIX, SWIFT. Through the combination of the mid-office and a powerful user interface we are able to present our clients with a new model for setting up new business quickly and easily" commented Jose Pierre Head of MARKETWARE INTERNATIONAL.