Extensive functionality in a single application

dxBackOffice includes multiple tools for effective management of financial information including automatic/manual data processing, corporate actions, taxation support, real-time market data and live integration with trading platforms.

Considerable cost savings through in-depth automation of financial back-office activities

dxBackOffice software system automates the most time consuming processes in the back office of financial and investment companies. For example, the system collects various data from related applications, builds reports in standardized formats adopted by international regulatory organizations, and delivers reports and client statements to customers and regulatory authorities. Back-Office also performs automatic data reconciliation of reports and statements received from brokers, custodies and other counterparties with the records stored in the system.

Centralized management of financial company’s back-offices worldwide

dxBackOffice software system allows handling of client accounts and transactions in multiple currencies and on multiple asset classes on both local and international markets at the same time within the same application. Depending on the market, the type of transaction or/and the instrument traded, the back-office system builds reports in compliance with the standards of regulatory organizations operating in the UK, European, US, and Russian financial markets. This approach makes the workflow more transparent, enables cost reductions, and allows for centralized management of activities performed by both local and international financial and investment company’s back offices within the same software application.

High-performance data processing and report generation

Innovative system architecture ensures efficient import and processing of any volume of financial data in real time. High-performance report generation is guaranteed by a built-in report engine that allows for parallel data processing and report building on several serves within a cluster. The back-office system scalability enables to handle the growth of your customer base, and to easily expand the entire platform with minimum hardware and network improvements.

Flexible system adaptation to company’s business processes

The system includes various schemes of processing applicable to different financial international markets. The processing algorithms can be flexibly adjusted on per-account and/or per-transaction basis depending on the rules and features of the market you trade in. Along with standard report formats, Back-Office system flawlessly generates non standard reports and client statement and enables to adjust charts of accounts and modify different elements of business logic. These features allow the system to be easily customized to match your company’s business processes.

General Features

Multi-currency portfolio support

The system allows for processing of client activities in multiple currencies.  Users can handle transactions in a wide range of financial instruments, view and manage client account in multiple currencies, as well as process multi-currency transactions.

Multiple asset classes and transaction types

The application supports different types of financial instruments: stocks, options, futures, bonds, and enables processing of exchange and over-the-counter trades, REPO transactions (direct/reverse), as well as forward deals.

Corporate actions

The system allows for automatic conversion of securities (split/reverse split, spin-off, stock dividends, etc.) and adjusts positions in derivatives using customizable sets of rules.

Multiple algorithms of trade processing

Users can specify various schemes of processing applicable to both Russian and international markets according to a number of preset algorithms provided with the system. Different processing models can be applied depending on the type of account or transaction. There is a built-in report wizard to generate non standard reports as well as means to adjust charts of accounts and modify different elements of business logic.

Compliance

The application includes forms and report formats required by regulatory organizations operating in Russian, European, the USA, and the UK financial markets built in compliance with their most strict standards and rules.

Taxation support

The system enables to calculate the Personal Income Tax at the year-end and at the moment of fund withdrawal.

Automatic calculation of portfolio market value

Users can specify a certain algorithm for calculation of market value on per-portfolio basis, as the system automatically performs depreciation of securities according to such accounting methods as FIFO, LIFO, as well as weighted average cost method.
 

High Performance and Reliability

High performance of report building

Advanced Devexperts technology enables dxBackOffice to effortlessly receive real-time market data and transaction flow without delays or interruptions so that users can analyze portfolios and build reports based on live and accurate information.  The unique system architecture ensures high performance of trade processing and enables fast and efficient generation of reports and client statements.

Effortless improvement of system throughput

The system scalability enables to handle the growth of your customer base, and to easily expand dxBackOffice by adding hardware resources without additional development costs providing the most cost-effective approach to business development.

High up-time of system operation

Many years of successful operations have proved high quality and efficiency of Devexperts technology that ensures overload resistance and crash tolerance of Back-Office System in real-time. Our software index of trouble-free operation is 99.99%, including peak load situations, when commercial operations reach the maximum volume.