Support Services: Back Office Operations
State of the art clearing and operational support systems can enhance efficiency and provide significant cost savings to fund managers. Spectrum has extensive experience managing operations and developing clearing systems for complex securities and their related financing.
U.S. Government Securities Clearing
Spectrum's services in government securities clearing include:
- daily reporting and balancing of securities deliveries with clearing banks
- daily netting and balancing with counterparties
- assistance with interface reporting to GSCC and other clearing companies
- determination of financing needs for positions
- entering into financing transactions
Equity, Bond, and Other Securities Clearing
Spectrum will review clearing brokerage statements and reconcile trades for transactions in equities, fixed income, and other financial instruments.
Credit and Capital Management
Spectrum will monitor credit exposure with brokerage firms and ensure maximum investment of capital to optimize investment return.
Operations Management
Spectrum will analyze and manage operating agreements required to conduct your business. We will help you obtain credit lines with banks and brokerage firms, negotiate brokerage and third party marketing agreements, review real estate leases and space management needs, obtain licenses, and negotiate terms for quote and electronic trading services. Spectrum can also assist in the selection of professional advisors and can work with attorneys and accountants on an ongoing basis.
Personnel Management
Spectrum offers a number of services to help you manage the human resource function within your organization. We will create personnel policies, hire and terminate employees, provide temporary staffing, establish and maintain personnel files, administer employee benefit programs, and coordinate payroll services.
|
