The Man Financial division provides intermediary and matched principal broking and other related services to a worldwide client base, ranging from financial institutions, asset managers and industrial groups, to professional traders and private clients.
The ShadoSuite software is designed for post-trade processing, clearing and accounting, regardless of trading volume, currency combinations, financial instruments and transaction types. It can be deployed as a fully integrated enterprise solution or as distinct point solutions as required.
Man Securities senior vice president Rich Gill says the system will provide the company with a flexible, scalable and cost effective solution. Shadow’s ability to support both SWIFT and DTC settlement requirements, respond to requests for modifications to functionality, and deliver a customized solution within the firm’s tight time requirements, were cited as reasons for the system’s selection.