DMAXX, LLC
DMAXX, LLC
30 Jun 2010
CHICAGO, IL - DMAXX, LLC and CTA Services LLC have begun a new alliance to deliver TheBooks’ comprehensive back office management capabilities for managed accounts under a service bureau business model.
“We’re excited to offer this new option for CTAs that can’t quite justify the time and expense of a full-blown installation of TheBooks, yet have reached the point in their business where just getting by isn’t good enough anymore,” says Dana Comolli, President of DMAXX. “To compete effectively in today’s marketplace, CTAs need to show they have their back office in order. Daily NAV, quick trade error reconciliation, fast turnaround on monthly performance calculations and streamlined billing are becoming more and more important. And now, with our alliance with CTA Services, even smaller emerging CTAs can have access to everything TheBooks has to offer.”
Adds Alan Zenk, President of CTA Services, “Managing a CTA business today is all about paying attention to details and managing data from several sources. When we originally deployed TheBooks for our own CTA, we were amazed at how well it handles the idiosyncrasies of the managed account business. It gave us many of the capabilities that were sorely missing from our own operation, while freeing up time we used to lose doing our trade allocations and reconciliations. It became obvious to us that we could deliver these benefits to other CTAs at lower cost and without burying great traders in annoying details.”
About DMAXX, LLC
DMAXX, LLC has been providing Futures Trading and Accounting software and services to members of the Managed Futures industry since 1994. Our flagship product, TheBooks®, is a comprehensive, scalable application tailored to the needs of the alternative investment advisor with managed accounts. Our years of experience, product functionality, and dedication to customer service have made us the vendor of choice by institutional CTAs worldwide for more than 16 years.
About CTA Services LLC
CTA Services offers a variety of services to assist Commodity Trading Advisors in running their businesses, such as daily NAV, monthly performance calculations, invoicing, disclosure document preparation, routine NFA filings, and NFA compliance assistance. Customers can choose from a menu of services that encompasses virtually all aspects of a typical CTA’s operation.
DMAXX, LLC
Dana Comolli
1.847.234.4969 x11
http://www.dmaxx.com
CTA Services LLC
Alan Zenk
1.763.478.6352
http://www.ctaservicesus.com
12 May 2010
DMAXX received customer satisfaction scores consistently above all other Microsoft Gold Partners in a recent survey conducted on behalf of Microsoft. With an NAST (Net Satisfaction) score of 190 out of a possible 200, DMAXX bested the average score by more than 20 points.
DMAXX was compared with all other Gold Certified Partners on several dimensions related to customer satisfaction with our products and services. Below is a summary of the results compared with other Microsoft Gold Partners.
The results further demonstrate our commitment to providing the best products and services to the alternative investment community.
DMAXX, LLC
http://www.dmaxx.com
29 Apr 2010
The much anticipated customer beta of version 3.0.4 of TheBooks has begun. This version of TheBooks incorporates a wide range of new and enhanced capabilities requested by the user community and re-enforces DMAXX’s position as providing the premier automation solution to the alternative investor with managed accounts.
Some of the new and enhanced capabilities in the latest release are:
The customer beta process is expected to last no more than thirty days, after which it will be rolled out to the rest of the customer base.
DMAXX, LLC
http://www.dmaxx.com
14 Feb 2010
DMAXX, LLC is now certified as an ICE Trade Capture Vendor. This means that TheBooks FIX integration has passed ICE conformance certification testing performed by the IntercontinentalExchange.
The integration between ICE and TheBooks means all executions done at the IntercontinentalExchange (ICE) can be automatically routed into TheBooks for block trade assignment, price allocations, and counter-party notifications.
These trades also feed into TheBooks reconciler, position management, and trade accounting components, providing a fully integrated process for trading managed accounts.
DMAXX, LLC
http://www.dmaxx.com
ICE
https://www.theice.com/homepage.jhtml
21 Dec 2009
DMAXX, LLC is now a member of the Trading Technologies Connected program. Membership in this program means that TheBooks integration with TT has been tested by Trading Technologies and is certified to be fully compliant with their applications and trading infrastructure.
The integration between TT’s platform and TheBooks means all executions done through TT’s platform are automatically routed into TheBooks for block trade assignment, price allocations, and counter-party notifications.
These trades also feed into TheBooks reconciler, position management, and trade accounting components, providing a fully integrated process for trading managed accounts.
DMAXX, LLC
http://www.dmaxx.com
Trading Technologies
http://www.tradingtechnologies.com
04 Nov 2008
TheBooks now provides electronic execution of futures and options and is now available all customers of TheBooks. This new capability in TheBooks is called the Execution Gateway.
Execution Gateways extend the Trading Desk concept in TheBooks and allows the routing of trades directly to exchanges for execution. As trades are filled, they are automatically updated in TheBooks and for those gateways that have an associated trading platform, such as Open E Cry, trades can be worked from within the platform; TheBooks automatically records your actions.
TheBooks provides several advanced execution options tailored to systematic institutional advisors:
Straight-through processing
Whether a trade originates in the trading platform, generated by software, or is manually created in TheBooks, trade processing and reporting is automatically performed.
The goal of complete automation, from trade inception through performance fee calculation is now a reality.
11 Apr 2008
CHICAGO, IL - DMAXX, LLC, a leading supplier of middle and back office systems to institutional commodity trading advisors, and Open E Cry, LLC, an industry-leading direct access futures brokerage firm, and pioneering developer of futures trading technology, today announced a strategic alliance to provide seamless integration between their platforms. The resulting solution will provide the institutional CTA the first fully integrated, straight-through processing operating system, encompassing the front, middle, and back office functions, tailored specifically to institutional CTAs with managed accounts.
The combination of Open E Cry’s industry-leading, global direct access futures trading network and their OEC Trader platform with DMAXX’s fully integrated middle and back office software, TheBooks®, provides un-paralleled automation to the alternative investment manager. The resulting platform provides electronic and pit market access, dynamic block allocations, multi clearer trade routing, position management, broker reconciliation, risk management, performance accounting and reporting, as a single, fully integrated solution.
Discretionary and systematic traders will find the resulting solution delivers an operating platform not previously available to the institutional futures trader. The functionality to seamlessly combine long and short term algorithmic trading along side of discretionary screen trading into the middle and back office functions will now be available off the shelf to the institutional CTA.
About DMAXX, LLC
DMAXX, LLC has been providing Futures Trading and Accounting software and services to members of the Managed Futures industry since 1994. Our flagship product, TheBooks®, is a comprehensive, scalable application tailored to the needs of the alternative investment advisor with managed accounts. Our years of experience, product functionality, and dedication to customer service have made us the vendor of choice by institutional CTAs worldwide for more than fourteen years.
About Open E Cry, LLC
Open E Cry, LLC is a direct access FCM that offers online trading for both electronic and pit markets through our proprietary software. We have developed a set of complex systems and order routing technology specifically designed to meet the high standards of CTAs, hedge funds, FCMs, Prop Shops, Arcades and other high volume commodities and futures traders. This technology can be accessed through our industry-leading trading front end, OEC Trader, or through direct access to our API. Our focus is to provide the best execution possible to ensure maximum speed and reliability, while minimizing total transaction costs.
Contact DMAXX, LLC:
Dana Comolli
1.847.234.4969 x11
http://www.dmaxx.com
Contact Open E Cry, LLC:
Brian Weis
1.800.920.5808 x4484
http://www.openecry.com
08 Dec 2007
DMAXX, LLC announces the availability of on-line support forums for users of TheBooks. Users can access these forums and search for answers to their questions as well as post questions for issues which cannot be resolved by searching the forums. The forums are designed to provide an additional vehicle for customer support for those users who prefer to use on-line resources rather than the other methods of support provided by DMAXX. The existing support options will continue to be available for our customers.
The forums are continuously monitored by the DMAXX support team to ensure timely responses to all questions and issues and are being populated with questions and answers which have been received in the past via our traditional support options.
The forums are open to all users of TheBooks, but users must register on the forum before they are granted access. Once registered, users can search the forums, post new topics, and respond to other posts.
The forums are located at http://forums.dmaxx.com