TheBooks

The ironic thing about a CTA is they are selling one of the most basic of commodities; Risk Adjusted Returns There is no difference between a risk adjusted return of 10% from advisor A and a risk adjusted return of 10% from advisor B What differentiates advisors are the intangibles such as how clients are handled when the returns are not there

Why Advisors Choose TheBooks®

We surveyed our customers to identify the reasons why firms use TheBooks as the core of their operating software environment Find out what they had to say

Unlike a traditional accounting system, TheBooks® has been designed with the trader in mind Rather than being built independent of trading, TheBooks integrates accounting and performance reporting into the trading process

TheBooks Includes The Following Components

Manages the trading and counterparty activity notification process It handles all the automation and communication associated with creating, placing, filling, and reporting trades and integrates with all of the popular execution platforms

Reconciles your accounts with your clearing brokers It quickly and automatically reconciles trade confirmations, open positions, trading commissions, and cash balances It tracks open trade breaks and prepares and sends break sheets to your brokers

Performs real-time trade matching, ensuring that you always know your positions It can produce roll trades, exit trades, and reversals Trades for account opens, closes, additions, and redemptions can also be produced If you trade multiple systems, it will maintain positions by system as well

A multi-currency accounting engine tailored to the accounting and reporting requirements of the advisor with managed accounts It handles commission and fee accruals and charging Management fees, incentive fees, and interest accruals are formula-based

Povides real-time, intra-day performance and risk reporting, valued on the tick, historic reporting as well as standard performance tables All reports are delivered via a web-browser interface or can be automatically emailed

Value at Risk, Scenario analysis, and exposure with graphical and numeric displays along with the ability to transfer the data to products like Excel for furthur anaysis Both the current portfolio and one with hypothetical modifications can be evaluated

Provides a repository of market price data for research and order generation purposes It integrates data from a wide range of vendors into a single, consistent format Combined with flexible continuous contract building and an automatic daily data downloader, the Data Manager is the tool for the systematic trader

Extends the Trading Desk concept in TheBooks and allows the routing of trades directly to exchanges for execution or trading platforms for further management It also provides FIX-drop trade capture capability

Provides interfaces for obtaining both real-time as well as end-of-day prices from a wide variety of data vendors Real-time prices can be obtained from DTN and CQG End of day prices can be obtained from DTN, CQG, CSI, Yahoo, any Excel spreadsheet, text files, and your brokerage statements

Telephone : +1 847 234 4969 FAX : +1 847 234 5184