Radius is a fully integrated front-to-back office suite of broker and firm management tools. Brokers and brokerage firms can open accounts, place and modify orders, review firm and broker activities, modify commission schedules, manage easy-to-borrow inventories, send messages to clients, and allocate stock from accounts.
More Effective Risk Management Radius provides real-time risk and compliance management tools that let brokers view, assess and mitigate improper client and employee activity. Users can also close a client’s position and restrict his trading access before it becomes a firm liability.
Better Customer Service Radius raises customer service to another level by allowing representatives to check the order status, position, purchasing power and transaction history for clients, monitor their account performance in real-time and set fees. Clients can also be given access to services like real-time quotes or a web-based platform.
Improved Trader Management Brokerage firms can access a management module that allows them to monitor the real-time performance of all traders and sort data by trader or by account. They can also enable or disable trading privileges for selected traders in real-time and generate daily trade or open position reports.