Endeavour Capital

Endeavour Capital Management - FloSuite Case Study

Endeavour Capital streamlines and automates core processes with FloSuite BPM solution, helping traders better co-ordinate their workloads 

Background

As an investment institution operating within tightly regulated markets, Endeavour Capital was seeking a solution to help manage risk and compliance procedures and automate processes across a number of business areas.

FloSuite® was able to offer a single framework that could support deployment of multiple business processes using one skill-set and product, and support continual evolution of processes in line with changing compliance needs or in reaction to shifting market forces. 

FloSuite has enabled us to bring together lots of different information sources and workflows within one user interface, helping to improve the output of our analysts and investment team

The Challenge

Investment managers operate within highly regulated, competitive and fast-moving markets where the ability to make split-second decisions on the basis of accurate, consolidated information from a number of sources is essential.

Endeavour Capital selected the FloSuite® framework to automate and manage a range of core business processes across financial and administrative areas of the business. These included solutions for Electronic Trade Blotting, IT Change Requests, new subscription/change of subscription, and automation of other admin processes.

One of the key projects for the client was to deploy a FloSuite solution for Electronic Trade Blotting, able to manage the trading process from counterparty discovery, trade placement, execution and allocation to downstream trade processing.

Providing a real-time and user-configurable blotter to consolidate trading activity, it was designed to help dealers efficiently manage and execute incoming orders from multiple sources.

The solution provides accurate order/trade status, embedded broker-supplied algorithms, trading functionality, integrated pre-trade and post-execution compliance monitoring, and administrative tools for order and broker management.

Further FloSuite solutions to manage IT Change Requests, new subscription/change of subscription procedures and other admin processes were also developed and implemented using FloSuite.

The Results

IT Manager, Endeavour Capital Management, said: "FloSuite has enabled us to bring together lots of different information sources and workflows within one user interface, helping to improve the output of our analysts and investment team.

"We have also been able to automate repetitive administrative tasks, reduce data entry effort and duplication, and therefore better control risk within the day-to-day operations of the business."

Key benefits include:

  • Supports traders is accessing, aggregating and managing data from multiple sources

  • Minimises data duplication and effort, and reduced data entry errors

  • Replaces/removal of paper-based procedures; deployed business rules with Web-based workflows

  • Provides better quality management information to aid strategic decision-making

  • Enables client to retain and monitor audit trails to assist with compliance requirements and manage risk

  • Helps improve overall organisational performance and client services