Bricknode Financial Systems

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Overview

Bricknode Financial System (BFS) is built around what we call "Bricknodes" which acts like modules that can be added by our licensees. BFS offers a wide range of Bricknodes covering Mutual Funds & Hedge Funds, Structured Products, Direct Market Access, CFDs, Spread Betting, Foreign Exchange, Account Services and Currency Exchange.

The Back office module of Bricknode Financial Systems (BFS) is the core of the solution. Everything that happens in other modules of BFS are reflected in the Back office module and supports various roles within a financial service firm.

Key Features

Back office

The Back office module of Bricknode Financial Systems (BFS) is the core of the solution. Everything that happens in other modules of BFS are reflected in the Back office module and supports various roles within a financial service firm.

The main sections of Back office are:

  • User management
  • Client management
  • Account management
  • Interaction with counterparties
  • Order management (internal and external)
  • Product management (various types of securities)
  • Management of trade and settlement notes
  • Accounting with various types of ledgers and stock accounts

Customer front end

The Customer front end is where all the services and products meet the end customer. The front end can be branded and customized within the general framework and offers financial services firms a direct link to customers.

The main sections of Customer front end are:

  • Aggregated or single account performance overview
  • Account analytics
  • Trading of products
  • Account statements of various types
  • Message center
  • Transaction and settlement notes
  • Charts and product details

Advisor

The Advisor module was created in order to empower financial advisors to manage their customers and deliver great advice. Consumers of advisory services in the 21stcentury demands a personalized approach and real time actions.

The main sections of the Advisor module are:

  • Aggregated customer views
  • Overview of customer relationships
  • Monitor customer cash availability
  • Customer communication
  • File handling
  • Management of power of attorneys

Portfolio management

The Portfolio management module offers traders and managers a way to efficiently take care of applying allocations across multiple portfolios at the same time. Everything is completely integrated into Bricknode Financial Systems to work seamlessly.

The main sections of the Portfolio management module are:

  • Mass handling of portfolio trades and allocations
  • Performance and management fee handling
  • Management of currency conversion and cash reserves
  • Order and fill management
  • Pre-trade report generation

Customer acquisition

The Customer acquisition module can be used for advisors or end customers directly to apply for accounts, invest in products, set up power of attorneys or for collecting required information. A financial service company can define any steps that they require and everything is stored securely within Bricknode Financial Systems.

The main sections of the Customer acquisition module are:

  • Customizable customer sign-up process
  • Document creation and storage
  • Simple investment process to act on offers

Key Benefits

Insurance

The Insurance module enables financial service companies to manage insurance products within Bricknode Financial Systems. The module covers the complete distribution chain for managing insurance from insurance company to agents and intermediaries as well as claims management.

The main sections of the Insurance module are:

  • Configure insurance products
  • Manage premium payments and kickbacks
  • End customer front end integration
  • Manage insurance company communication

API

The 3rd party API of Bricknode Financial Systems (BFS) is evolving constantly and enables licensees of BFS to develop their own applications with BFS as the engine. Bricknode can even act as a partner to develop custom solutions as a consultant creating bespoke solutions.

The main sections of the API are:

  • Supports integration with current systems
  • Enables creation of bespoke solutions
  • Customized reporting

White labels

Bricknode Financial Systems (BFS) fully support the creation of white labels where several branded front ends and advisory systems can be set up. White labeling is a great way for financial service companies to offer their partners a storefront of their own while still existing under your roof.

The main sections of the White label module are:

  • Create branded front ends
  • Set up branded advisor sites
  • Offer white label partners to create bespoke solutions

Product/Service details

User Suitability (Capital Markets & Investment)
Asset Managers, Brokers (Sellside), Capital Markets (Trading), Wealth Managers
Geographic Availability
Europe
Asset Class Coverage
Bonds, Commodities & Energy, Equities, Funds, Futures, Options and other Derivatives, Money Markets, Structured Products