There are several advantages of a real time execution system. Some of the main ones are:

  • RMs don’t have to log in too many banking portals and can use one interface to aggregate and trade all their accounts;
  • RMs can have a consolidated and real time views of my exposures, which is critical when the market is volatile;
  • RMs can respond to volatile markets and reduce their exposures within minutes instead of taking hours;
  • Clients and RMs have real-time visibility of the order status across all custodians and not just the average price.

When properly integrated, QUO can use the Bank’s risk management limits on accounts and also clear cash balances. In addition, any enhanced mandate related rules can be programmed into QUO as well or can be checked via API direct from the core bank system. Additionally, some of the core bank systems are not real time. With QUO, the Core Bank systems can have information relayed to it that is as close as real time to possible. Hence it is also possible to get T+0 portfolio details.