Products

LightPoint Core Modules 

Advanced Order Execution Management

This functionality is supplied by our partner InfoReach, one of the leading providers of  OEMS software to the buy and sell side. We have integrated their EMS product with our Security Master, Market Data, Compliance, Trade Ticket, and Portfolio Management services. This provides our  customers with an integrated desktop that can help them spot, seize, and manage new market opportunities, automate trading strategies, minimize risk, improve execution quality, reduce transaction costs, and keep up with changes in market structure and regulation. The InfoReach system features include:

  • Integration with our Trade Ticket services allow orders to automatically be routed to the trading desk for execution and for pre- and post-trade analysis.
  • Integration with our Market Data Server and our Security Master allows the customer to choose the market and reference data they need, including level 2 data if required.
  • Integration with our Compliance Management module ensures that there is a single source of truth for pre- and post-trade compliance rules.
  • Provides low-latency, high-volume trade execution.
  • Supports manual, algorithmic and automated trading.
  • Provides a black box development and testing environment for algorithmic trading.
  • Supports real-time interactive charting and position monitoring.
  • Provides access to global brokerage services and strategies for multi- and cross-asset trading.
  • Provides direct market access (DMA) for trading.
  • Supports high-frequency trading and an algorithmic development engine.

Business Analytics Platform

This platform provides our customers with an open near-time data warehouse for housingtheir trade and financial data. Built using Microsoft’s SQL Server and Business Intelligence platform, this cloud-native environment requires no specialized technical support and allows users to create their own personalized dashboards and custom reports that can be displayed on computers or mobile devices. This approach will save firms money by eliminating the technical support that is required by many data warehouse solutions. Some of its features include: 

  • The platform can get its data from the customer’s fund administrator, legacy OMS, or the LightPoint OMS, depending on requirements.
  • Data can be loaded into either LightPoint Core’s transactional schema or directly into the data warehouse, depending on the client needs.
  • The data warehouse is a bi-temporal schema that is implemented using Microsoft SQL Server.
  • The warehouse feeds data into the Microsoft Business Intelligence environment, which is used to create a set of default dashboards and reports that can provide time-series reporting.
  • A user can tailor these dashboards and reports to reflect their unique needs or can easily create their own custom reports and dashboards.
  • All reports and dashboards are available in a browser or on mobile devices.
  • Reporting is interactive.
  • Paginated Reporting on selected historic data is surfaced on the LightPoint Data Warehouse and Analysis Services Semantic Layer.
  • Excel Integration is very simple and is fully supported by Microsoft.
  • No specialized technical support required since Power BI provides agile inquiry and analysis. It has a powerful natural language interface and uses intuitive graphical designer tools.
  • In-memory access technology ensures that all queries will be lightning fast.

Portfolio Manager Workbench

Our Portfolio Manager Workbench was built to address larger established funds that require better portfolio analysis and mobile capabilities but do not want to embark on a project to replace their current OMS. These clients want a lighter weight solution that works with their existing OMS and portfolio accounting systems and is easy to get up and running. The Portfolio Manager Workbench features include:

  • API Services: Are designed to provide a way to ingest order trade and fill information from outside EMS and OMS systems into the Portfolio Manager for processing and analysis.
  • Book Monitor Services: Designed to provide portfolio managers with a flexible way to visualize their business. This visualization is enabled by our Bookmon user interface or by a a collection of our mobility tiles.  Book Monitor features include:
  • Enhanced PM awareness to multiple live risk metrics by monitoring of three different beta exposures
  • One-click functionality allows position level details to be exported to Excel.
  • Chart viewing capabilities provide graphical daily P&L and overlays and daily SPX movements.
  • Intraday P&L can be calculated from any start and end time the user requires.
  • Intraday P&L can be calculated from any start and end time the user requires.
  • Displays individual security trade history over any selected period.
  • On-the-fly ability to monitor and sort portfolio by almost any field in the database including selected risk measure: sector, industry or sub-industry group, market cap, etc.
  • Puts portfolio information at the user's fingertips by allowing them to sort and filter on any column in the database including market cap and selected risk measures such as sector industry or sub-industry group.
  • Automatically generates intraday and end of day email summaries for portfolio managers who are out of the office.

Investor Management & Accounting

This functionality is supplied by our partner HWM and their ManTra product, which is one of the leading products in the investor management and accounting space. Utilized by Asset Managers, Hedge Funds and Fund Administrators,  ManTra has been tightly integrated with LightPoint’s Portfolio Accounting system to provide a complete seamless valuation process, from GL balance creation to investor allocation and final valuation. LightPoint’s system passes GL position valuations into the ManTra system; there, the valuations are combined with investor data to produce a set of final valuations that are used by the LightPoint’s portfolio accounting system to produce the final NAV for each fund.  The ManTra systems features include:

  • Accounting Interface: APIs for the complete valuation process from GL Balance to Allocations to valuation creation.
  • Allocation Processing Engine: Allocates the LightPoint General Ledger income to the fund and investor structures.
  • Compliance Engine: Provides KYC and AML compliance using multi-level conditional rules and suspicious person/OFAC lists. Also provides FATCA and FormPF reporting.
  • Core Investor Services Platform: Manages investor data and reporting. It can be driven from an API and can handle multiple fund structures and multiple valuations per day.
  • ManTra Web: Provides a comprehensive settlement and banking portal for investor servicing that is intuitive and easy to use.
  • ManTra Dashboard: Provides a dashboard for workflow management that supports KPIs with drill down capabilities. It can be used to track trade, compliance, static data and user-defined workflows.
  • Integrated Document Repository: Allows users to create custom document workflows for managing and organizing investor documentation. Documents can be imported or uploaded via ManTra Web. Links can be created by users to specific rules, requirements, bank details, settlements, allocations, valuations and tasks. 
  • Maker/Checker Review: Allows a user to create custom maker/checker workflow on individual ManTra windows. Pending workflow items can be displayed on the ManTra Dashboard and a full audit trail is maintained on all maker/checker workflows.

Market Data Platform

The Market Data Platform provides a single API for multiple sources of market data. Some features of the platform include:

  • Currently provides support for two different market data providers, SIX Financial and Bloomberg
  • The platform design  enables the addition of new data sources to be done quickly and easily. 
  • The cloud-native architecture provides a cost-effective single touchpoint for all the market data needs of a buy-side or sell-side firm.
  • The systems architecture enables multi-tenant clients, such as Prime Brokers, to support multiple legal entities without the need to become a re-distributor of the market data.
  • Extensive authentication and authorization model can meet the reporting demands of the most rigorous exchanges.
  • The ability to provide access to all types of market data vendors through a single interface allows LightPoint's support team  to effectively transition client legacy applications onto SIX.