The company says the new cross-asset inventory management module provides full support for open outright trades, borrowing and lending activities and off balance sheet activity from multiple contributing systems.
Similarly, the securities lending module will provide comprehensive processing of stock borrow and loan transactions from trade capture, through margining and fee calculation, to the generation of the relevant accounting entries.
According to the company all modules can work together or independently and can be delivered across an intranet. They can be delivered on-site or hosted in ADP’s data centre.
