ClavisFront

ClavisFront is a multi-asset class, DMA solution which is optimized for active professional investors including traders, brokers, analysts, private investors and day traders. ClavisFront is a fast and flexible internet-based solution, and connects directly to the Stock Exchange’s systems and can also be connected to any existing trading platform. ClavisFront’s realtime administration system allows the user easy administration opportunities to grant realtime exchanges, portfolios, and functionality. ClavisFront can be fully integrated with other BackOffice applications.

Business advantages

Trading development

  • Online connection to Stock Exchange and trading platforms
  • Real-time broker statistics
  • Advanced order management
  • Extensive graphing and charting capabilities

Home solutions development

  • Quick order management
  • Easily enter orders, view and track existing orders/trades and manage positions in a fast and secure way.
  • Real-time streaming data
  • Safe operation

Risk management

  • Prompt limit and cover check
  • Automatic cover providing
  • Online back office connection
General system properties
  • Continuously streamed, realtime market data presented in either pre-defined Market Windows, or defined by the user (trading surfaces of Stock Exchange and Markets, news, analyzing and charts)
  • Easily definable windows, the fields can be customized for users, as well as the workspaces and the filters on windows.
  • Sending of user and system messages, playing of sound effects defined for different actions
  • Independent database that optimized for trading
  • Online interface connection with BackOffice
    • Transfer of positions that are managed in BackOffice as morning open balance, and intraday position management and actualization
    • Base data transfer (client, instrument)
    • Transfer of executed orders and trades data that are need for creating transactions
    • Deletion of closed positions
Support of trading
  • Market information (trading, prices, indexes)
    • Real-time prices from markets
    • Online calculation of net broker positions
    • View indexes
    • Pages can be customized and saved
    • Broker positions
    • Intraday and history charts
  • Charts and technical analysis
  • Realtime news
  • Stock Exchange messages
Trading functions
  • Order management
    • Order entry can be customized
    • View, modification and delete of existing orders
    • Management of some separated portfolios (normal, Lombard etc.)
    • Export, import of orders
    • Order forwarding to trading systems of Stock Exchange
    • Basket Trading
  • New order type management
    • Standard types: At market, Fill or Kill, Fill and Kill, All or nothing, Limit, Market to Limit, At Market and Kill, 
    • Depending on exchange: Contingent, Flex, Interest, Best Possible, Funari
    • Stop Loss
    • Request Quote
    • Stop Loss orders
    • New order type can be entered such as: Iceberg, Trailing Stop etc.
  • Other trades
    • Automatic day trade position closing
    • Position keeping
    • Fast trading using the “+” and “-”  keys
  • Print of contract note
Risk management functions
  • In point of position check the Front database is considered as primary database
  • Online coverage check
    • Can be parameterized by order type
    • Automatic position blocking for orders
    • Market, symbol risk segmentation
    • Trading power calculation
    • Order cover alterations
  • Online limit check
    • Can be automated by rules
      • Broker, symbol, client limits
      • Order, open position, daily total trades limits
      • Amount, transaction value based
    • Limit value calculation
    • Online limit check
    • In case of overstepping, message, report
    • Overstepping permission depends on authority
Interfaces
  • K2 interface
    • MMTS I.
    • MMTS II.
  • BackOffice interface (Clavis2 BackOffice, Clavis4 BackOffice)
    • Settlement functions
    • Order, trade export
    • Reporting functions
  • Clavis2 Trade
  • Planned interfaces
    • Xetra
    • SaxoBank
    • BrokerJet
Other functions
  • Reconciliation reports (reconciliation of daily open and close positions)
  • Log of Brokers interfaces
  • Broker statistics
FrontAdmin
  • Communication between BackOffice and FrontOffice
  • Parameterization surfaces that need for operation of Front system (limit, coverage, commission)
  • Reports of base data
  • Control of open and close functions
  • Authority management
INFRONT AS (Norway)
  • Dorsum’s partner at Front-End solutions
  • Provider of ClavisFront display
  • Market leader in market data feed handling (interface with 35+ SE system)
  • More than 5000 users worldwide (from Tokyo to New York)