Elysium Technology Group Introduces Fill Station
Last summer, Elysium Technology Group (ETG) quietly soft launched a new technology solution focused on post trade workflows, ETG Fill Station. ETG recently completed the beta phase with a large intuitional broker-dealer and this month released a new version of Fill Station available immediately for all active ETG clients. ETG Fill Station was developed to significantly improve trade monitoring for the front office and is the latest innovation in exceptional post trade processing solutions for the foreign exchange and futures industries.
ETG Fill Station takes care of downstream reporting, ticket netting, order aggregation, cancel rebooks and trade allocation. It binds to multiple execution platforms through processing servers that write fill information directly to the application data store Because there is a direct path, users have the ability to see their positions across multiple platforms while working on orders, without interruptions from necessary middle back office trade flow requirements.
Mark Rosenfeld, Chief Technology Officer of ETG stated,
“Prior to Fill Station, it was not uncommon for the front office to wait 20 to 30 seconds for their most recent positions. ETG Fill Station makes front office booking and back office clearing even easier. Knowing your position mid-execution across multiple platforms can help you leverage your liquidity and get the best order fill information available.”
ETG’s MPTracker Suite of Products provides complete FX post-trade processing, risk management, and customized client reporting to institutional FX market participants including Hedge Funds, Banks, Asset Managers, CTA’s and Proprietary Trading Firms. ETG clients that already utilize ETG’s Mission Control can now add Fill Station as a premium service.