Accounting and Position
On-demand visibility into positions, and trading P&L across asset values, and across the enterprise.
If you want to compete in today’s capital market environment, understanding how you’re trading at the end of the day is only half the battle. Net P&L will tell you if you’re trading well or not, but if you’re not accounting for key expenses and income items across the firm, you only have part of the story. Taking advantage of a built-in ledgering system provides a holistic view of trading P&L and shows you the value of assets, how much cash you have, and how you’re performing on a daily basis. Firm58 helps you become more profitable and ultimately, more competitive.
Accuracy, insight, accessibility
- Powerful general and sub-ledger
- Online access to daily net P&L
- Automated calculation of non-trading-related expenses and income (e.g. market data, research, connectivity, dividends, etc.)
- Immediate insight into cash balances and asset values
- Multi-currency support presents both native and converted values