Home (current) About TheBooks Feature Checklist How To Buy Blog Contact DMAXX Futures Trading and Accounting Software for Trading Professionals TheBooks Contact Us Featured Trade Managed Accounts? Managed accounts are the new reality for alternative investment managers who want large allocations. Managed accounts mean block trades, fill price allocation, multiple clearing relationships, give-up reporting, additional counter-parties, and additional complications trading a fund does not have. Your Backoffice As A Differentiator The ironic thing about a CTA is they are selling one of the most basic of commodities; Risk Adjusted Returns. There is no difference between a risk adjusted return of 10% from advisor A and a risk adjusted return of 10% from advisor B. What differentiates advisors are the intangibles such as how clients are handled when the returns are not there. Why Advisors Choose TheBooks® We surveyed our customers to identify the reasons why firms use TheBooks as the core of their operating software environment. Find out what they had to say. TheBooks Application Summary Unlike a traditional accounting system, TheBooks® has been designed with the trader in mind. Rather than being built independent of trading, TheBooks integrates accounting and performance reporting into the trading process. TheBooks Includes The Following Components Order Management Manages the trading and counterparty activity notification process. It handles all the automation and communication associated with creating, placing, filling, and reporting trades and integrates with all of the popular execution platforms. Reconciliation Reconciles your accounts with your clearing brokers. It quickly and automatically reconciles trade confirmations, open positions, trading commissions, and cash balances. It tracks open trade breaks and prepares and sends break sheets to your brokers. Position Management Performs real-time trade matching, ensuring that you always know your positions. It can produce roll trades, exit trades, and reversals. Trades for account opens, closes, additions, and redemptions can also be produced. If you trade multiple systems, it will maintain positions by system as well. Trade Accounting A multi-currency accounting engine tailored to the accounting and reporting requirements of the advisor with managed accounts. It handles commission and fee accruals and charging. Management fees, incentive fees, and interest accruals are formula-based. Kildeer, Illinois Telephone : +1 847 234 4969 E-mail : info@dmaxx.com FAX : +1 847 234 5184 Customer Support | Terms Of Use | Privacy Policy Copyright © 2018 DMAXX. All rights reserved