NBTrader and Raymond James

Raymond James goes live with total STP solution from NBTrader

Raymond James Investment Services goes live with a completely automated end to end STP trading and order management solution from NBTrader. from the order entry by Wealth managers, through NBTrader's automatic aggregation, and order execution engine, orders are routed, executed, allocated, commissions, fees and charges calculated and all shapes settled, all without manual intervention.

The multi-asset order routing includes all residual non-electronic funds automatically generated into FAX instructions. The end to end order management process takes place without any manual intervention, minimising settlement risk. Manual re-keying is virtually eliminated, ensuring that the full audit trail is captured and provable at every stage in the investment decision life-cycle.

Simultaneously supporting order collection by multiple Wealth Management systems, NBTrader provides a solid, reliable, integrated base upon which to plan other software migrations.