What features set BrokerTrak software apart from its competitors?
BrokerTrak is unlike other mainframe and PC based systems in current production. Of all the systems BCS has surveyed, every one originated as an in-house application for a particular broker-dealer. They were then marketed in an effort to recapture part or all of the development costs. The flaw inherent in such an approach is that a firm adopting such software is compelled to conduct their accounting functions as a mirror image of the originating firm since the software enforces the methods and manners of conducting business. BrokerTrak began life as a service bureau product. Its non-idiosyncratic approach to the business model coupled with a simple checkbox approach to toggling various behaviors on and off allows a firm to continue conducting business in the manner it understands and still obtain the benefits of a wide range of features.
