WebQuery is being
employed in the securities clearing industry to satisfy the stringent reporting
demands of the regulatory agencies and organizations, enabling these firms to
focus on their core business concerns. In addition, WebQuery is used as the
primary report distribution tool in a number of firms, enabling the
management of all reporting distribution to be accomplished with a single
Due to the use of an intuitive, easy to use
interface, WebQuery can be quickly rolled out to the user community with a
minimum amount of training.
In addition to generating and distributing
regulatory reports, our clients are utilizing WebQuery's robust report
distribution features to distribute their own customer reports, such as
haircuts, plot detail and summary reports, as well as numerous other reports.
Web Query is capable of producing the
following reports, as required by regulatory agencies including the NYSE, NASDR,
AMEX and CBOE:
- Large Options Position Report (LOPR)
- Market Maker Stock Position Report
- Market Maker Stock Execution Report
- AMEX Specialist Surveillance System Report
- Blue Sheets
- DJX, OEX, SPX Index Option Hedge Report
- Short Interest Report
- Daily Program Trading Report
- Positions Hedging Stock Option Report
WebQuery utilizes optical disk technology to
satisfy the SEC and NASD’s requirements that electronic records be preserved
on non-rewriteable, non-erasable media.
Full data validation and integrity checking is included in the WebQuery
system to ensure the quality and accuracy of the archiving process.
In addition, WebQuery provides complete auditing and search
capabilities, allowing our clients to quickly produce full audit reports and
review their inbound and outbound email content.
- Reports are automatically generated and
submitted by WebQuery according to schedules provided by the regulatory
- Reports are created in the proper electronic
format for submission to SROs, including SIAC, CBOE, NASDR and other
- WebQuery can accept datafeeds from any
number of customer systems.
- WebQuery archives submitted reports in a
data warehouse, allowing prior reports to be resubmitted or reviewed as
- WebQuery provides significant cost savings
as compared to in-house development of a regulatory reporting solution.
- WebQuery allows a user to generated ad-hoc
reports in addition to the 'canned' regulatory reports listed above.