InteliClear

Providing turn-key and custom Securities Industry software solutions
for today's ever-changing Front, Middle and Back Office

About Us

InteliClear is a 21st century system designed and developed to be as versatile and reliable as you in the rapidly-evolving landscape of global trading, clearance, settlement and custody.

InteliClear’s Post Trade Solutions (PTS) provides real-time, turn-key customized software for front, middle and back office operations within a single, fully integrated system. PTS, which supports equities, options, fixed income, mutual funds, money market products and digital/crypto assets within its multicurrency clearance and settlement network, is built upon an efficient relational database specifically designed for real-time, high volume, multicurrency functionality. All data elements are updated concurrently at transaction entry, thus making internal risk monitoring more effective while interfaces between PTS and other systems benefit from the speed and completeness of such architecture. Read more...

 Customer Accounting:

  • Stock Record
  • General Ledger
  • New Accounts
  • Portfolio/P&L
  • Tax Lot/IRS Reporting
  • Parent/Sub Accounting
  • Correspondent Accounting

 Margin Accounting:

  • Initial (SMA), House and Exchange requirements
  • Day trading
  • Portfolio Margin
  • Option optimization
  • Credit analysis
  • 'What If' scenarios

 Broker/Streetside Processing:

  • Purchase and Sales
  • Cashiering/Autocage
  • Fluid Segregation
  • Corporate Actions
  • Institutional Delivery

 Regulatory/Compliance:

  • 15c3-3
  • Risk Analysis/’What If’ Scenarios
  • Short Reporting
  • Suspicious Activity Reporting (SAR)

 Technology

InteliClear’s design has eliminated redundancies and inefficiencies common to other systems. It is able to handle any volume, scalable from low-end equipment for modest volumes up to high-end servers for firms processing millions of trades per day
Read more...

 Savings

Considerable savings can be realized through use of InteliClear
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Features

Securities industry-based processing

Since the system was designed for the securities industry’s unique financial requirements, it goes beyond basic accounting. InteliClear records and calculates all the necessary securities brokerage financial information and posts them to a single data record.

  • Unified data record
  • Securities trade creates all necessary records
  • Point of entry
  • Trade date and settlement date balances
  • Accounting period closings in line with regulatory requirements
  • Margin Accounting
  • Customer accounting
    • Parent
    • Sub accounting
    • Margin Accounts
    • Cash accounts
  • Commission/ fees tracking
  • Proprietary trading
  • Cancel and correct processing

General ledger accounting and customer balances

All entries are posted to the system creating a complete accounting system. The multi-currency and flexible closing periods add additional benefits to financial processing.

General ledger accounting

  • Multi-currency
    • Customer and ledger
    • Customer base currency
    • Cross currency
  • Financial accounting
  • Ledger balances
  • Trial balance
  • Daily balances saved
  • Access to all transactions
  • All postings from original trade record
  • Securities brokerage style chart of accounts
  • Running balance at the transaction level

Portfolio Accounting

All entries are posted to the system creating a complete accounting system. The multi-currency and flexible closing periods add additional benefits to financial processing.

Portfolio Accounting

  • Multi-currency
    • Customer and ledger
    • Customer base currency
    • Cross currency
  • Financial accounting
  • Ledger balances
  • Trial balance
  • Daily balances saved
  • Access to all transactions
  • All postings from original trade record
  • Securities brokerage style chart of accounts
  • Running balance at the transaction level

Transaction initiated entry and processing

Balances are directly associated with original trade transactions.
'Trading Links' are also identified and joined real-time. This, in conjunction with the portfolio and margin processing, provides a complete picture of the results of a financial transaction.

  • Trade and journal 'point of entry' based system
  • Real time linkage of trading strategies
  • Option optimization on demand and at end of day
  • Historical trades
  • All events linked to original securities trade
  • Margin calculations based upon trade

Risk Analysis

Risk analysis for account(s) real or potential market exposure and margin requirements.

Risk Analysis

  • The real-time processing of balances, margin and linked positions, when combined with real-time portfolio valuations, can provide the tools to perform vital risk analysis in an efficient manner.
  • 'What If' Scenarios - ability to change portfolio positions and/or valuations in order to gauge potential market exposure. Scenarios can be run at a variety of levels: Account, Group/Desk, Branch, and Firm. Price movements can be made on an individual security level or by sector (SIC or in-house) codes/classes. Process can also calculate the affect on margin requirements and the impact of the change of eliminating one side of a linked position.

Concentration - exception reporting on accounts (or groups of accounts) with undue concentration (user defined) by security or sector.

Portfolio Analysis

Analysis made easier by virtue of single point of entry/single data repository concept

Real-time data with integrated balances provides for the most up-to-date data to perform account analysis.

  • Positions
  • Balances
  • Account valuation
  • Margin
  • 'What if' scenarios
  • Related accounts

Please contact us to discuss your front, middle and back office needs.

sales@inteliclear.com

InteliClear, LLC 40 Brunswick Ave, Suite 210,
Edison, NJ 08817 US

+1 (860) 866 4300