Gloss
Gloss is a real-time multi-currency
transaction-processing engine from ADP Wilco that
automates the trade processing lifecycle from
trade capture through confirmation, clearing agency
reporting and settlement. As a standard package
it provides core functionality for an extensive
range of international instruments, and includes
proactive exception handling and resolution. Advanced
modules offer specialist business support for
areas such as corporate actions; and market connectivity,
which enables order execution and settlement and
provides interfaces to market leading services
such as SWIFT and Bloomberg.
Gloss supports an extensive range of instruments
for international operations:
Equities & Warrants
International equities
ADRs
GDRs
Warrants
Bonds
International sovereign debt
Non-sovereign debt
Eurobonds
Emerging markets
FRNs
Euronotes
FX & Money Markets
Foreign exchange
Bills
CDs
Commercial paper
Complementing its broad market support, Gloss
provides business-critical functionality to meet
the needs of many types of operations including
institutional principal and agency broking and
correspondent clearing.
Endeavour Software has rich experience in supporting
and maintaining various applications developed
using Gloss as a processing engine.
Endeavour also specializes in developing interfaces
(STP) between front office systems (MTS, Martini
etc) and various settlement systems used in geographies
such as UK and emerging markets like Tokyo, Korea
and Taiwan. We are also in a process of writing
a generic framework, which provides end-to-end
connectivity between front offices and back offices.
It drastically reduces the processing time of
a trade thus gives competitive advantage to its
users.
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