Solving Customer Challenges in A New Way
Since 2017 customers and partners representing prime brokers, fund administrators, asset managers, hedge funds, wealth managers and family offices have been using Summa. These users are leveraging the Summa platform, APIs and the unique multi Book of Record capabilities to solve business challenges without replacing incumbent systems.
Summa captures data across the trade creation and execution process so firms can track and analyze how an investment trades, how those trades impact exposures, how those positions flow into profit and loss and this all flows into closed period financial statements.
Customers have realized benefits in the following areas:
- Accounting
- Best Execution
- Trade Metrics
- Exposures
- Tax Lots
- Profit and Loss
- Digital Transformation
- Investor Mandate Compliance
- Intraday / End of Day Analysis
- Regulatory Reporting
- Privacy and Data Control
- Digital Audit and Compliance
- Reducing Cost of Market Data
- Custodial Reconciliation