A Fully Connected Solution with Apollo's Order Book

Apollo Asset Management is based on management acts to allow managers to perform simulations. For example, management acts may correspond to the application of model portfolios. Also, other methods exist such as lightening a portfolio for withdrawing cash or investing a percentage of cash. The validation of management acts generates simple or block orders.

It is also possible to enter simple orders directly onto Apollo Asset Management.

GROUPING OF ORDERSRDRES

Saving a management act can give a place to a block order. Apollo Asset Management solution offers the possibility of limiting the block generation for certain types of instruments, markets or portfolios.

ORDER ROUTING

Apollo Asset Management offers the idea of a channel which corresponds to the entity in charge of executing the order; like a negotiation table, broker or centralizer. Apollo can manage multiple such channels.

Apollo Asset Management solution also determines the default channel from routing rules previously configured by the system admin. The manager or the middle office has the option to either modify the default channel or keep the same.

Routing rules can be configured according to the type of instrument, account and possibly other characteristics of the order.

ORDER KINEMATICS

Apollo Asset Management adapts to the organizational processes of an Asset management company and to external MSOs. It allows the coexistence of several workflows. For example, you can authorize or limit the cancellations of transmitted orders. Another example is the “four eyes” validation.

Apollo Asset Management lets you enter executions on orders traded outside the system.

REAL TIME ORDER TRANSMISSION

Once order entered on Apollo Asset Managementsoftware, this order is considered for validation. The manager or the middle office can validate, cancel or modify the same. Once the order is validated by concerned, Apollo connectors transmit it to the entity in charge for execution. These connectors then integrate the acknowledgments and executions (partial or total).

La génération d’une exécution sur Apollo Asset Management Software generates & executes the triggers and transmits to the custodian of execution characteristics for settlement.

In addition, Apollo Asset Management connectors rely on the FIX protocol and Swift trade protocols with external systems.

ORDER FOLLOWING

In addition, we can follow orders through the order book. This makes it possible to monitor trades with external systems. The lets access to the characteristics of orders, events, executions, accounting movements and rejections.

The cornerstone of the front office system, the Apollo order book is an indispensable part of the tool. A complete audit trail is built around the order book and provides as much information as possible on the order circuit.