Back Office Overview
Touch-Fire's Back Office and Clearing solution delivers real-time position management, margin calculation, and comprehensive reporting for brokers, clearinghouses, and exchanges. Built on our event-driven architecture, our system processes transactions as they occur, eliminating the limitations of traditional end-of-day batch processing.
Our flexible account structure supports everything from retail traders to institutional clients with complex hierarchies, clearing members, and white-label arrangements. The system handles multiple asset classes, currencies, and regulatory regimes within a single unified platform.
Multi-Asset Capabilities
Our back office system provides comprehensive support for multiple asset classes, with specialized processing and risk models for each:
Futures & Options
- SPAN and VaR margin models
- Expiration management
- Daily settlement
- Exercise and assignment
Equities
- Securities lending
- Corporate actions
- T+2 settlement
- Fractional shares
FX & Crypto
- Cross-currency positions
- Rollover management
- Wallet integration
- Blockchain reconciliation
User Experience
Our back office solution includes comprehensive user interfaces for both operations staff and end clients, with role-based access control and customizable dashboards.
Operations Dashboard
- Account Management: Create, configure, and manage accounts and hierarchies
- Position Monitoring: Real-time view of positions, margin, and risk across all accounts
- Exception Handling: Identify and resolve reconciliation issues, failed trades, and limit breaches
- Reporting: Generate and schedule regulatory and client reports
- System Management: Monitor system health, manage reference data, and configure parameters
Client Portal
End clients have access to a customizable portal showing their specific data:
- Position Summary: Current positions, P&L, and margin requirements
- Transaction History: Complete trade and cash movement history
- Account Statements: Daily, monthly, and custom period statements
- Margin Simulation: What-if analysis for potential trades
- Document Management: Access to contracts, reports, and other documents
The portal can be branded for white-label arrangements and configured to show only relevant information based on client type and permissions.
Integration Capabilities
Our back office solution is designed to integrate seamlessly with your existing systems and external counterparties:
- Front Office Systems: Bidirectional integration with trading platforms and OMS
- General Ledger: Automated posting of trade activity, fees, and adjustments
- Payment Gateways: Integration with banking systems for automated funds transfers
- Exchanges and CCPs: Direct connectivity to clearing platforms and trade repositories
- Regulatory Systems: Automated submission of required regulatory reports
- External Providers: Market/reference data and analytics integrations
- APIs: Comprehensive REST and FIX APIs for custom integrations
Our integration framework supports both real-time and batch interfaces, with flexible mapping and transformation capabilities to handle diverse data formats and protocols.
