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Tradecloud Review

2

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Very good

Revainrating 4.5 out of 5Β Β 
RatingΒ 
4.5
Sales, Quote Management

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Description of Tradecloud

Order-to-Cash Functionality

Reviews

Global ratings 2
  • 5
    1
  • 4
    1
  • 3
    0
  • 2
    0
  • 1
    0

Type of review

Revainrating 5 out of 5

We utilize the Tradecloud platform for trading and execution of OTC transactions.

Tradecloud is a platform for execution of OTC trades and provides a single point of contact for all parties and a mechanism to execute trades within our system. The platform is highly customizable and provides a very robust back-office for executing and tracking transactions. The platform is also very user friendly and easy to understand. There are a few additional features that could be added to the platform, such as an analytics module to track the performance of our trading desk. The…

Pros
  • Efficiently executes any size order with minimal intervention required from senior members at my firm; abilityto manage multiple complex executions simultaneously through one central hub
Cons
  • Good but not great

Revainrating 4 out of 5

Great platform and great customer service

The best part is that it integrates with our accounting software (Quickbooks), so we can view all of this data in one place, which makes things easier to manage for us! It's not easy getting your IT department onboard when you're trying something new like trade cloud - they don't always understand what needs improved or how beneficial/cost effective certain features are from an end user standpoint. We've been able solve some invoicing issues by using their reporting tools as well; however…

Pros
  • The ease of use, as well as the reporting tools
Cons
  • It's not very easy to get all of the IT departments on board with new software