Trade Settlement Software
Over 20 years experience in settling $1 trillion AUM for middle-office investment managers
WHAT WE DO
MAtching
A customizable, flexible, consolidated single dashboard enabling end-users to rapidly reconcile and match trades on an exception basis across multiple prime brokers, custodians, institutional clients and trade types. Automatically affirm and notify trades to all parties in all formats.
FAILED TRADES TRACKING
Simplify the fragmented, tedious process of tracking failed trades across multiple custodian web sites by tracking everything in one central place. Use built-in reporting tools to identify failure trends and track fails until they are resolved.
EXCEPTION HANDLING
Faster resolution of exceptions is a key factor in a T+2 settlement cycle environment. TDMS users quickly and easily deal with matching exceptions. Notify your brokers of trade breaks they need to correct or force match and accept the broker confirm if desired.
Archiving
A simple tool to rapidly access all automatically stored trade and broker confirmations, notifications and affirmation data. The east-to-use search screens allow you to manage and prepare for internal and external control checks and audits.
Reporting
The gold standard for customizing and sending trade notifications at any frequency to custodians, fund administrators, institutional clients, or internal front-to-back office staff. Set up reporting notifications and affirmations for the unique needs of your custodians.
INTERFACES
Connect TDMS with many of the leading front and back-office systems, from portfolio accounting to trade and order management systems, and many unique systems of investment managers, custodian banks and prime brokers.
SERVICES
IMPLEMENTATION
There is no match for experience and care in the installation and integration of software in the middle office. Our professionals leverage implementation knowledge and techniques gained over decades of implementations and training focused solely on improving your productivity.
We approach implementations and training as if we have to live and work with the results each trading day. Implementation times vary depending on the size of the client; however, a standard implementation to go-live will span 6 to 8 weeks.
INTEGRATION
Whether you have hundreds or thousands of clients, custodians and broker relationships, TDMS provides the flexibility your organization needs to adapt to new challenges, shorter deadlines and tighter budget constraints.
TDMS is integrated with the major portfolio accounting, trade and order management systems, and the financial network; we are built to integrate into your in-house software or any other required third-parties.
If we don’t integrate with it already, we welcome the opportunity to develop custom applications and interfaces to your specific configurations and requirements.
SUPPORT
Our staff provides complete support before, during, and after installation as part of our implementation process. As a boutique provider and your strategic partner in post-trade productivity, members of our team will work with you over the marathon of many market cycles, as your organization grows and continues to change over time.
CUSTOMIZATION
No two asset managers are the same. Every firm has unique trade settlement needs depending on a wide array of internal and end-client demands. TDMS has grown over the past 20 years to incorporate a wide array of market and client-specific demands. Customizations are an important part of who we are; we are open to improving the product for any special use case, requirement or configuration.
“I think Lightspeed’s customer service is exceptional. They have been able to customize a wide variety of
things for us, and the level of reporting we receive is really unparalleled.”
ABOUT US
We’ve founded TDMS over 20 years ago to be the most intuitive and easy to learn post-trade processing system. We know first-hand that efficiency and accuracy in trade settlement are primary contributors to your company's bottom line.
Our focus is helping our clients improve efficiency and reduce risk. By automating a broad array of post-trade settlement functions, TDMS transforms your operations department by streamlining the matching, communicating, archiving and reporting of trades.
“We pride ourselves on quality in everything we do, and TDMS has helped us to reach our goals in
the post-trade function. We now have much faster processing. TDMS matches all our trades, saves
us an incredible amount of man-hours, and has reduced human error in our processing.”