System And Method For Facilitating Unified Trading And Control For A Sponsoring Organization's Money Management Process

A computer system for facilitating unified trading and control for a sponsoring organization's money management process based on input from a plurality of asset managers to manage the sponsoring organization's investment portfolios, the system comprising:

• a high touch-low touch engine, for determining, for each order of a plurality of orders received from the plurality of asset managers, whether the sponsoring organization or an asset manager is given discretion for executing a trade for the each order, wherein the sponsoring organization is given discretion for low-touch orders expected to have low market impact and the asset manager is given discretion for high-touch orders expected to have high market impact;
• a compliance engine that:
• enables the sponsoring organization to review and either approve for execution or hold from execution each said order before trade execution, wherein the compliance engine comprises a graphical user interface and associated software program linked to a computerized rules-based logic engine that enables each buy or sell order to be analyzed in real time, and
• enables the sponsoring organization to review allocation of shares to an investment portfolio resulting from high-touch trades where review prior to the trade is not feasible,
• wherein the high-touch orders are executed by at least one trading organization selected by the asset manager given discretion, and
• wherein the low-touch orders expected to have low market impact are executed by at least one trading organization selected by the sponsoring organization.

A method for facilitating unified trading and control for a sponsoring organization's money management process using a plurality of asset managers to manage the sponsoring organization's investment portfolios, the method comprising:

• receiving orders from the plurality of the asset managers, each order comprising a number of shares to buy or sell for a security;
• determining, for each order, whether the sponsoring organization or an asset manager is given discretion for executing a trade for the each order, wherein the sponsoring organization is given discretion for low-touch orders expected to have low market impact and the asset manager is given discretion for high-touch orders expected to have high market impact;
• enabling the sponsoring organization to, using a compliance engine, review and either approve for execution or hold from execution each said order before trade execution, wherein the compliance engine comprises a graphical user interface and associated software program linked to a computerized rules-based logic engine that enables each buy or sell order to be analyzed in real time;
• instructing the asset manager given discretion to execute the high-touch orders by at least one trading organization selected by the asset manager given discretion, wherein a plurality of trade allocation reports and trade fill reports results from the execution of the high-touch orders;
• facilitating the execution of the low-touch orders by at least one trading organization selected by the sponsoring organization, wherein a plurality of trade fill reports results from the execution of the low-touch orders;
• and
• facilitating reconciling of the plurality of trade allocation reports and trade fill reports through a computerized trade reconciliation system for the investment portfolios.