HOC - Broker App

Current Business Challenges

ePic addresses the most challenging obstacles faced by businesses today such as:

Connecting to multiple Broker Accounts and aggregating the information in one place
Reconciling intra-day and end-of-day trade attributes and open positions in internal trade capture systems to those reported by Brokers
Calculating and reconciling Broker Fees
Calculating the Initial and Maintenance margin using the SPAN tools provided by ICE and CME and verifying the Broker invoices

Top Day Trade Reconciliation

The Broker Reconciliation app allows users to run intraday trade reconciliations to ensure there are no errors in trade entry

Capture today’s trades from the customer’s trade capture system, and automatically align them with the trades downloaded from Brokers
Reconcile the trades across a user-defined set of attributes and tag the trades which show a mismatch
Easily drill down to the trades for more in-depth analysis
Easily maintain the master list of exchange products being traded in the portfolio

End-of-day Position Reconciliation

The end-of-day open positions reconciliation feature in RPM’s Broker Reconciliation app seamlessly identifies breaks in the total open positions across all exchange-traded products

Automatically aggregate all open trades across multiple broker accounts and reconcile with the open positions information downloaded from brokers
Identify gaps in the errors as well as the marks against the values reported by brokers
Archive reconciliation results for trend analysis
Easy drill-down to the trade level details – on data captured from customer’s own trade capture system as well as the data downloaded from brokers
Generate Excel-based reports which allow users to further analyze the breaks
Timely report availability, at the start of the business day

Broker Fee Reconciliation

The Broker Reconciliation app comes with a powerful fee calculation and reconciliation feature. Customers can independently verify the fees charged by brokers before paying them

Calculate and reconcile the following types of fees:
- Clearing Fee
- Exchange Fee
- NFA Fee
- Execution Fee
- Broker Commission
Easy drill-down to the trade level details – on data captured from customer’s own trade capture system as well as the data downloaded from brokers
Archive reconciliation results for trend analysis

Margin Reconciliation

Get a comprehensive toolkit to calculate initial and maintenance margins using the Standard Portfolio Analysis of Risk (SPAN) margin system. The Broker Tool provides user-friendly front-end access to the SPAN margin system provided by CME and ICE.

Built-in wrapper around the SPAN margin calculators provided by ICE and CME
Out-of-box connectivity to ICE and CME Risk Arrays ISO monthly billing JE
Easy maintenance of SPAN settings using the intuitive settings panel in the Broker Reconciliation app
Automatically determine when positions roll-off based on contract expiration dates which are defined by an exchange holiday calendar and a date rule, usually articulated verbally in exchange rules.
In addition to the Initial and Maintenance margin, the app also computes Open Trade Equity, Net Option Value and Margin Excess

Broker Reconciliation App

Current Business Challenges

Top Day Trade Reconciliation

End-of-day Position Reconciliation

Broker Fee Reconciliation

Margin Reconciliation

Other Features

Easy integration with powerful business intelligence tools like Tableau and Power BI

Intuitive Mappings UI

Easy Maintenance of SPAN settings using the intuitive settings panel of apps

Trend analysis of open positions and margin across all FCM accounts and exchanges

Re-run reconciliation post trades are finalized in trade capture system to resolve exceptions