1. WHITE PAPER
The challenges of middle office broker
Today, in order to stay competitive, a broker has to respond faster than ever, with more
transparency and greater efficiency, to the requirements of his clients and of their middle In an increasingly competitive
office. context, ratings, regulations
costs and risk control require
But at the same time, he has to reduce the risks and costs related to his activity and brokers to reach the highest
counterparties, in a constantly evolving business environment. level of operational efficiency.
 At the operations level, by increasing his Straight-Through Processing (STP) rates to If major investments have
reduce the processing time and avoid manual errors. If, however, mistakes do already borne fruit as far as
happen, reactivity in handling them is crucial. front office optimization is
concerned, current differentia-
 At the commercial level, by coming to an agreement with his counterparty as quickly tion has more of a bearing point
as possible on the terms and conditions of executing orders.
on post trade. A broker’s
The pursuit of performance and quality requires a modern and efficient middle office operational excellence is often
software platform in order to communicate with one or more OMS on different venues, judged by the reactivity of its
valuate allocations, adjust with the client and prepare the initiation of settlement middle office, the strategic hub
instructions. between trading and
operations.
Greater reactivity SLIB has been a reliable solution
provider for brokers for more
How much time do teams need to react when faced with an incomplete allocation? For a than 20 years, and has used its
pending execution? For an adjustment request? How to ensure consistency, risk control experience and expertise to
and guide the progress of transactions carried out in all markets? design new high performance
The reactivity of teams is strengthened if they have synthetic dashboards and a system of tools.
business alerts in push mode for quicker reaction when a fault is detected.
SLIB’s brand new middle office software platform is equipped with a sophisticated central About SLIB
business managing mechanism that provides dashboards in real time to monitor middle
office activity, and proactive business alerts, enabling teams to gain in reactivity and For more than 20 years, SLIB
quality. has been a reliable partner to
the financial industry, always in
This tool is common to operations and management and increases the efficiency of step with the changes in the
processing and the quality of monitoring service given to clients. The alerts in push mode European securities landscape,
allow operators to be more reactive and to manage only exceptions, their priority being by offering its customers
intervention during alerts and processing them. innovative software solutions to
streamline their securities
processing and improve their
Click hunt
performance, whilst mitigating
By relying on a high-performance technical architecture (modules exchanging through a their risks.
JMS bus, developments in Java resting on the Eclipse RCP framework), SLIB can provide a
SLIB offers solutions for
unique user interface for the middle office function, by using the full power of the
securities order management,
ergonomics of this framework : Drag&Drop, column sorting, user preferences, driving
clearing, settlement, custody
views, colour highlighting, etc…
and risk mitigation.
By making use of standard and effective Web services for the Client/server dialogue, the
Today 50 financial institutions in
data uploading time is optimized and balanced, the modules are independent and can be
Europe are using SLIB solutions.
adapted to the broker’s information system.
With advanced parameterization level ranging from « fully manual » to « full STP »,
SLIB’s solution allows reconstituting and processing of executions, orders and allocations
with a minimum of clicks.
The broker will be able to concentrate on exception management, according to the final
organization chosen, whether he belongs to a large group or to an independent entity.
www.slib.com

2. WHITE PAPER
SLIB’s answer
Easing the complexity
The middle office workstation allows flexible management of the present (and future) Control and rationalization of
complexity of the pre- and post-trade environment: multi-venue, internalization of orders, flows, gains in reactivity and
porting or passing orders to an external broker. But also a wide range of parameters is quality, consistent management
available: multicurrency, multi-venue, multi-instrument, and exchange with widespread of activities, a single language
tools such as Omgeo Central Trade Manager (CTM). for all teams and for client –
these are some of the major
Thanks to the native integration of an adjustment tool (SLIB Confirmation) into the advantages offered by SLIB’s
middle office process with the clients, connected to networks or exchange protocols solution.
such as Omgeo, SBI, SWIFT, fax/mail, etc. …, the users do not need to handle any data
outside the vertical business chain from executions input to sending allocations to the As the front office has almost
back office. reached the limits in terms of
reduction of processing time,
this issue now affects the
subsequent post-trade processes
even more than ever.
In short
This allows making the process
reliable, reducing costs (human,
technical, commercial, etc…),
 Operational excellence : all processes managed from a single point and at the same time, making
Bringing constant data processing smoother.
 Flow control: brings together the MO flows within a single system
added value to the
processing  Reactivity and quality: monitoring structure dedicated to operations
The customer’s satisfaction is
and end clients (Dashboard & Alerts)
thereby enhanced, since he
himself is under similar strong
pressure to secure his
 Openness of the system (proven) to flows, external systems and investment choices.
multiple formats
 Capacities of evolution of SLIB solution allowing:
An architecture  Flexible implementation of enhancements (SLIB modules / products, SLIB’s Broker Middle Office
open to the future Third party systems) workstation is completely in
 Easy to enhance the middle office solution towards an integrated tune with this long-term logic,
middle office / back office proposition
 In a building-block mode thanks to flexible and proven
choices, adaptable and effective
features.
 Strong Business, Project and IT expertise, successful track record:
 SLIB ability to set up IT solutions in strict timeline constraints
Permanent
SLIB ability to secure the project by involving third party steering
assistance and risk 
organizations highly experienced in SLIB solutions and strategic projects
control
 SLIB capability to grasp and understand your business and operational
challenges, both current and forthcoming
Interested?
Our expertise in this area is at your disposal.
For more information on our offer, you can visit our website www.slib.com or write to
sales.contact@slib.com.
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