Back Office Import

In many trading environments the trade entry functions are handled manually through the clerical trade program, which can be setup and used by clerks to enter all trades into multiple accounts manually. A trader may also wish to enter their trades themselves while in Strategist; however Optionomics allows the trader to import reconciled positions from a back office accounting system or from an FCM file.

The Orion Back Office Import utility imports the traders’ positions into the designated Orion accounts. By using the Orion Trade Control Language (OTCL), Strategist users can create a link to virtually any back office system. Importing the account information automatically updates the traded details to the Strategist portfolio making trade entry possible at the clisk of a button..

The flexibility of the Back Office Import Utility is such that Orion has set a standard that the trade detail and accounting information must be organized into. Most back office systems can output a file in an ASCII format. The OTCL is setup to read the file, which has been converted, to the Orion standard. Our development engineers have the tools and experience to assist if necessary in converting output files to the Orion standard from the back office. Once the import is setup it is routine to import daily from the back office accounting system. Multiple accounts and traders can have the back office accounting system export the necessary details for the import. The OTCL will take the exported file and match the traded details to the correct account and trader in Strategist. All vital trade information will be updated and maintained as created in the import setup so that it becomes easier to concentrate on Risk management and not worry about whether or not your trades have been entered correctly.