TheBooks® provides modules that manage trading, counter-party notification, position management, order generation, reconciliation, trade accounting, performance and risk management as well as data management.
These modules work together as an integrated solution or in some cases, separately, providing the level of automation required by the advisor. Configurability, extensibility, and scalability are key attributes of TheBooks.
Because no two advisors are exactly alike, TheBooks® comes complete with all modules. Which modules are used and how they operate is up to you. External systems such as order generators and other trade entry applications can be easily integrated using TheBooks ActiveX API. Because TheBooks uses Microsoft’s SQL Server™ as its database, any application that can read an ODBC data source can be used to write customized reports. Unlike a traditional accounting system, TheBooks has been designed with the trader in mind. Rather than being built independent of trading, TheBooks integrates accounting and performance reporting into the trading process.
How can I buy TheBooks®
TheBooks® is sold and supported directly by DMAXX, LLC. We do not use third parties to provide installation, support, or training services to our customers. In general, TheBooks® is not appropriate for advisors with less than $10M USD in assets under management. DMAXX, LLC only sells to registered advisors.
Advisors with less than $10M USD in assets under management may wish to consider using TheBooks® as an out-sourced solution provided by firms such as CTA Services.
Pricing and availability
Pricing for TheBooks® is a tiered structure based on assets under management and is a monthly right to use fee that includes the software, support, upgrades, training and installation. Support is provided via email, telephone, remote diagnostics using GoToMeeting, and an on-line self-help and issue tracking system. Access to support resources is resticted to active customers only. The floor for pricing is for advisors with less than $35M USD in assets under management.
TheBooks® is sold as the complete package only. It is not possible to purchase individual modules.
The software can be configured to run at your location or in the cloud. Both the data and the software are under your control. DMAXX, LLC does not provide out-sourced accounting or computing services.
How to arrange a demo, purchase, get pricing, or other information
If you would like to arrange a demo, purchase, obtain pricing, or obtain other product or company-related information, contact us at 847-234-4969 x101 or email us at info@dmaxx.com.
Out-sourced back office solutions
While DMAXX, LLC does not provide out-sourced accounting services, other firms do provide these services using TheBooks®. For those organizations that want to out-source their back office operations, these service providers can offer an attractive alternative because of the highly automated operations TheBooks provides them.
In addition, if you decide to bring your operations in-house at a later time, and you decide to utilize TheBooks in your internal operations, your complete history while your back office was out-sourced can easily be restored into your version of TheBooks®.
CTA Services
Trusted Back Office Support of Commodity Trading Advisors
CTA Services offers a variety of services to assist Commodity Trading Advisors in running their businesses. They will deliver your monthly performance figures and invoices quickly, so you can report results and collect your fees earlier. They can also help you with disclosure documents, routine NFA filings, and even serve as your representative during NFA audits. You can get help with just one or two aspects of your CTA business or outsource most of your operation.