Automated Trade Review

Delivering Visibility and Control Over Trade Approval and Processing

Scivantage Automated Trade Review provides automated decision processing through a real-time, dynamic and configurable rules engine that automates the process of pre trade review and approval, order routing and exception processing. Scivantage Automated Trade Review can be used to enforce and enable regulatory and company risk management policies, fraud detection and prevention, compliance and suitability, as well as many other trade-related evaluation and decision criteria.

Unlike most systems that have rigid rules built-in which can take significant effort to adjust, Scivantage Automated Trade Review has a web-based rules editor that lets you build, modify and publish your trading rules in minutes, providing greater flexibility to meet fast changing regulatory demands. This system allows your firm to take control over trading rules and automate decisions that your back office or clearing system currently are not able to support.

Ensure Compliance by Automating the Trade Review Process

Scivantage Automated Trade Review evaluates all trades at the point of order entry and before releasing them for execution. In a matter of seconds, the powerful application applies hundreds of business rules to ensure that the trade complies with all of the market and in-house rules and regulations. If a trade falls outside firm-set tolerances, Automated Trade Review can provide a soft warning, reject the trade outright or send the trade to the integrated review and release console for manual review.

The Results: By having fewer personnel dedicated to the Review & Release function, firms can now channel their resources towards other functions to help grow their business.

Modular in design, this highly configurable rules engine can be integrated with your existing trading platform or deployed as a premium component of either Scivantage Investor or Scivantage Professional.

Key Advantages
  • Automated review and release allows firms to take control over pre-trade procedures and reduce compliance exposure
  • Configurable rules that can be updated and modified in real-time; saving time and implementation costs
  • Improved performance against regulatory and company policies, including risk management, compliance and fraud prevention
  • Integrates with Scivantage Trade Processing
  • Compatible with all major and proprietary back office systems, with out-of-the-box integration to Thomson Reuters Beta Systems, Broadridge, Pershing and National Financial

Scivantage Advanced Trading: Conditional Orders is available as part of:

Scivantage Investor

Scivantage Professional