genesis Launches Product Suite for Post-Trade Automation

Ricardo Esteves

Ricardo Esteves has seen business and economics through many lenses. He joined the Financial Services Industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Esteves' work has appeared in a variety of online publications including FX Street and FinanceFeeds.

genesis Launches Product Suite for Post-Trade Automation

September 7, 2019

genesisgenesis, the leading capital markets software firm, has launched its Post-Trade product suite which was designed and built for post-trade operations in order to transform operational efficiency by automating workflows.

Automation is the name of the game and genesis has a track record for developing institutional-grade software for the trading industry. The new product suite helps clients automate post-trade processes and workflows. This follows the premise that all post-trade operations need to automate to adapt to the constantly changing industry environment driven by business opportunity, regulation, client demand and internal governance.

David Pearson, the new Head of Post Trade Services at genesis, commented: “I realize that I have crossed a bridge into a technology world developed for today’s business environment. The genesis platform brings together a complete suite of APIs, database, Web GUI, and tools as a ‘ready-to-solve’ cloud-based service. Our accelerated software development capability allows issues and workflows previously solved with spreadsheets to be rapidly digitised to deliver value to the business in incredibly short timeframes.

For post-trade operations, this revolutionizes the capability to respond to the business demand. We have a suite of tools to apply to the workflow, from fee-calculation through data digitisation to data reconciliation and MIS reporting that alongside the framework means we can focus on solving problems and delivering value to the business.”

Stephen Murphy, CEO of genesis, said: “It’s great to have David on board at genesis. With over 25 years of industry experience across the front and middle office, he completely understands how the capital markets industry’ mindset is shifting and adopting new technology to build the next generation of products and client solutions.”

genesis’ current genesis project assesses the accuracy and timeliness of regulatory trade reporting across multiple data sources for a global broker/dealer. The database, the data processing and Management Information System (MIS) reporting engine, was constructed and presented in under 10 days, according to the firm.

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