UK broker Kyte Broking Limited goes live with SLIB middle office platform

SLIB, a leading securities software provider and a Post-Trade Solutions specialist, is pleased to announce that Kyte Broking Limited (Kyte) has chosen the SLIB Middle Office and Fees Management solution to automate its trade management processing for multiple asset classes.

Kyte was looking for a Middle Office and Fees Management solution to develop its business by setting up operational infrastructure which was fast, easy to implement and capable of handling significant volumes without increasing operational costs and risks.

SLIB Middle Office and Fees Management platform provides a complete STP solution with real time monitoring that can be integrated with multiple front and back office systems. The solution allows brokers to deliver high standards of service to their clients, increase operational teams’ productivity, and reduce operational risks. The solution also handles effective P&L management, brokerage billing, risk control, and includes seamless integration with the main standards of confirmation.

“SLIB was very responsive in understanding our business challenges and in meeting our requirements. In addition to the middle office solution, we needed fees management and P&L reporting tools to control our activities in a more efficient way and SLIB was able to implement and deliver those in a short period of time,” said Kamal Haider, CEO of Kyte Broking Limited.

“We are proud to count Kyte Broking Limited among our clients in the UK. We are pleased to announce the delivery of the SLIB Middle Office and Fees Management solution for Kyte Broking Limited and to assist them develop their business in UK. The  solution was fully integrated with Bloomberg and the Kyte back office and was achieved in under 2 months.” says Guillaume Guerin, sales Director - International Business Development at SLIB.