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What is TheBooks?

Managed accounts have become an essential element for alternative investment managers aiming for substantial allocations, introducing various complexities such as block trading, price allocation, multiple clearing relationships, and the requirement for give-up reporting, all of which create additional hurdles not usually faced in fund trading. Furthermore, Commodity Trading Advisors (CTAs) essentially promote one of the most basic commodities: Risk Adjusted Returns, with a 10% risk-adjusted return from advisor A being fundamentally similar to the same return from advisor B. The real distinguishing factors among advisors are found in the nuances of client interactions, particularly during challenging times of underperformance. In order to delve deeper into the reasoning behind why firms opt for TheBooks as their core operating software, we carried out a survey of our clients, and the insights gathered from this feedback could prove to be invaluable. Unlike traditional accounting systems, TheBooks® has been specifically designed to meet the requirements of traders, providing a more efficient and streamlined operational experience. This unique design illustrates a comprehensive understanding of the specific challenges encountered in trading environments, further enhancing its appeal to potential users. Ultimately, the integration of such tailored solutions may lead to improved performance and satisfaction among trading professionals.

What is Centroid24?

Centroid24 is a robust risk-management platform tailored for modern brokers, featuring a suite of tools that enable users to assess market risk across a variety of conditions. By leveraging extensive real-time data, this solution enhances a company's risk-adjusted performance and facilitates the evaluation of potential losses in different market environments. Furthermore, Centroid24 serves as an indispensable addition to Meta Trader and other leading Forex trading platforms, delivering vital insights, including real-time Value at Risk metrics for entire portfolios as well as specific asset classes. Users benefit from comprehensive profit and loss analyses for the current month and day, which include data for A, B, and C books along with rebates and commissions. The platform also streamlines the management of substantial aggregated orders for each client and produces various performance reports, such as the Revenue Report, Instrument Profitability Report, Company Trading Statistics Report, and Risk Report. These reports, formatted in Excel, can be generated automatically and sent to specified email addresses on a daily or monthly basis, ensuring that brokers stay informed and proactive in their risk management approaches. Such advanced features make Centroid24 not only a powerful ally in risk assessment but also a crucial asset for brokers navigating the competitive landscape of Forex trading, ultimately helping them make more informed decisions.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

DMAXX

Company Website

www.dmaxx.com

Company Facts

Organization Name

Centroid Solutions

Date Founded

2013

Company Location

Dubai

Company Website

www.centroidsol.com/risk/c-24

Categories and Features

Currency Exchange

Analytical Reporting
Client Management
Custom Account Statements
Data Backup Scheduling
For Money Exchanges
Margin Management
Market Data Access
Position Management
Real Time Currency Quotes
Real Time Tracking
Transaction Management

Categories and Features

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

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