Syncova Financing enables you to manage all debit financing costs and stock loan fees across multiple counterparties, allowing them to accurately compare broker rates side-by-side. The system validates the accuracy of debit financing and borrow charges by replicating the broker calculations and supports all calculation structures including net and gross financing, asset based financing, and tiered spreads.

With Syncova Financing, you can minimize financing costs and borrow fees, while maintaining a full audit of all locates and pre-borrows. Advent Financing:

Validates the accuracy of debit financing and borrow charges
Automates the recording and tracking of stock loan locates and pre-borrows
Identification of lower borrow rates and optimization of borrow costs through rate comparison
Attribution of funding costs to any level eg. trading strategy, deal block or individual manager
Provides rich reporting data enabling like-for-like comparisons across counterparties, and historical analysis

Key Benefits

Reduction and optimization of borrow costs
Reconciles predicted versus actual costs to eliminate over-payments
Improved reporting and transparency enabling an accurate understanding and attribution of financing costs
Improved decision making with a standardized view across all counterparties funding costs and positions