Sauda – A Back Office Trading Management Software

Managing brokerage accounts can be a complex task for brokers, with various challenges to overcome. Some of these challenges include:

1. Brokerage Setup: Each account has unique requirements, such as different brokerage rates and calculation methods. These may include factors like:
   • Brokerage based on transaction side (buy or sell)
   • Brokerage based on volume or quantity
   • Distinction between intraday and delivery brokerage
2. Sub Brokerage Setup: Sharing a percentage of brokerage with referrals or sub-brokers.
3. Ledger Management: Daily maintenance of ledgers for accurate accounting.
4. Settlement Rates: Regularly updating settlement rates to calculate ledger balances.

At Sauda, we have developed a comprehensive back office management system specifically designed for brokers, addressing these challenges and streamlining their daily operations. Our system eliminates the need for brokers to spend hours after market close on manual tasks like creating balance sheets or ledgers for each account. Instead, the system automates these processes, allowing brokers to efficiently manage their accounts and focus on more strategic activities.
Read Also: How Do I Create My Own Custom Trading Software?