NEW YORK, Aug. 4, 2016 /PRNewswire/ -- Helix Financial Systems, L.P. a provider of innovative software solutions to the financial industry, announced that Wedbush Securities has selected Helix's HelixRepo software to manage the processing of the firm's Fixed Income Repo portfolio.
Helix's robust HelixRepo platform provides buy- and sell-side clients with the tools to support their repo and financing activities, such as real-time collateral management, across all products and asset classes. These capabilities are designed to help Wedbush Securities and all HelixRepo clients achieve greater transparency into counterparty activity, enhanced risk management, and improved productivity to the benefit of a company's bottom line.
"Helix made our repo business more efficient and helped manage the risks better. The ease of trade processing saves us incredible amounts of time each day," said Scott Skrym, Managing Director, Fixed Income Financing, Futures, and Rates at Wedbush. "The built-in risk management features are far better for monitoring trading positions, counterparty exposure, and interest rate risk than any other system I have ever used."
"We're extremely pleased to add Wedbush to the growing roster of financial firms using HelixRepo across their various lines of business." said Todd Berlent, Head of Helix Financial Systems. "Signing these firms on to our systems substantiates Helix's ability to meet the growing demands of the buy- side community to solve problems that are no longer unique to the more traditional sell-side firms."
About Helix Financial Systems
Helix is a leading provider of financial software systems and expertise to the dealer, asset management, securities lending, banking and insurance communities. Helix automates the trade entry, collateral management, risk management, and trade management process for U.S. and non-dollar fixed income securities. Clients include broker-dealers, buy and sell-side firms, and commercial banks. Helix is an affiliate of Cantor Fitzgerald & Co., a leading global financial services provider. Helix Financial Systems, the Helix Financial Systems logo and HelixRepo are trademarks or registered trademarks of Helix Financial Systems, L.P. or its affiliates in the U.S. and other countries. Other names appearing herein may be trademarks of their respective owners.
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SOURCE Helix Financial Systems, L.P.