VELOCITY, a fund's execution agent
The execution agent for a fund that trades in size and counts costs to the basis point. It wants financing, fast fills, clean settlement, and custody it can trust, and leans on the markets and operations agents to run the plumbing.
❖ Walk this journey in the city →- 1 Onboarding Financial Crime
You open the relationship. The KYC agent runs institutional due diligence on the fund and its structure and assembles the onboarding file.
handled by Onboarding Diligence Agent · see config → - 2 Prime onboarding Markets
You set up prime brokerage. The financing agent sources your locates, prices the financing, and stands up the stock-loan book behind your strategy.
handled by Securities Financing & Locates Agent · see config → - 3 Execution Markets
You send orders in size. The market-making agent streams two-sided quotes in liquid names inside hard risk limits, filling you in milliseconds.
handled by Electronic Market-Making Agent · see config → - 4 Best execution Markets
On every order, the analytics agent builds the best-execution evidence and transaction-cost breakdown so the cost of each fill is laid bare.
handled by Best-Execution & TCA Agent · see config → - 5 Affirmation Operations
Post-trade, the confirmation agent matches and affirms your trades against the counterparty at scale, so nothing drifts before it settles.
handled by Confirmation & Affirmation Agent · see config → - 6 Settlement Operations
Each trade has to clear and settle. The instruction agent builds, validates, and releases the settlement messages to the CSDs and your custodian.
handled by Settlement Instruction Agent · see config → - 7 Custody Operations
On the positions you hold, the income agent collects dividends and coupons and handles the withholding tax and reclaims you'd otherwise chase yourself.
handled by Income & Tax Agent · see config → - 8 Margin Markets
Overnight, the prime margin agent recomputes your exposure across the book, issues the margin call, and assembles the report that lands on your desk.
handled by Prime Margin & Reporting Agent · see config → - 9 Counterparty risk Risk
As your book grows, the counterparty agent aggregates the bank's exposure to you across the trading book and keeps it inside the limits.
handled by Counterparty Exposure Agent · see config → - 10 Surveillance Compliance
Every fill is watched. The trade-surveillance agent triages alerts on the activity, dispositioning the noise and escalating anything that looks off.
handled by Trade Surveillance Triage Agent · see config → - 11 Reconciliation Operations
End of day, the position agent reconciles your holdings and cash against the books and clears any quantity or valuation breaks before they age.
handled by Position & GL Break Agent · see config →