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, Gloss provides core
functionality for
an extensive range of international instruments,
and includes proactive exception handling and resolution.
Advanced Gloss modules offer specialized business support for areas such as corporate
actions. Market connectivity 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, agency broking, and correspondent clearing.
The Endeavour team has amassed extensive experience 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, and others)
and various settlement systems that are used in locales such
as the UK and emerging markets like Tokyo, Korea, and Taiwan. We are
also in the process of writing a generic framework that will provide
end-to-end connectivity between front offices and back offices. This
application will drastically reduce the processing time of each trade,
thus lending significant competitive advantage to each user.