unlocking potential, delivering excellence

At KITB, we specialize in helping futures industry firms make sense of their data. From collection to normalization and aggregation, we deliver customized reporting solutions that simplify complexity and unlock clarity. Whether you’re an Introducing Broker, CTA, or FCM, our services are built to streamline operations and empower smarter decisions.

Introducing Brokers

Commodity Trading Advisors

Private Futures Commission Merchants

Publicly Traded Futures Commission Merchants

40+

Years of experience & and counting

Data Collection

In the Data Collection phase, we collect raw transactional and economic information from your counterparties. Our services eliminate manual data collection and enable large-scale data transfers. If you are an Introducing Broker or Commodity Trading Advisor, you have come to the right place as we are currently connected to a dozen FCM’s.

Data Normalization

The Collected Data is cleaned, indexed, transformed, and standardized in our Platform databases to ensure accuracy and consistency. Millions of rows of data are not an issue for us. In fact, we have a client with a historic transactional database that is currently over 2 billion rows.

Data Aggregation

Normalized Data is synthesized by the Platform into a single, unified view, making it easier to analyze and understand. Additionally, the unified data sets allow us to provide consolidated data files and reporting across all counterparties delivering you a 360° view of your data. If your counterparty can provide us with the data, we can report on it.

KITB Currently Supports Three Types of Clients

First, we assist CTAs and IIBs with all types of data normalization projects

Our clients typically have relationships with multiple FCMs, and, as you know, all FCMs do things somewhat differently. This is where we step in by providing data collection, normalization, standardized data file outputs, and reporting. All our offerings are custom-tailored to the client’s specific business requirements. We have established connectivity with 12 FCMs.

  • Interface with Custodians / Investment Management Firms.

  • Consolidated Risk System position files.

  • Management P&L reporting either daily, monthly or both.

  • Calculating internal broker payouts.

  • Custom consolidated statement generation across all FCMs the client utilizes.

  • Consolidated position reporting to ensure limit compliance versus the Underlying Exchange or CFTC position limits.

  • Calculate interest returns versus the client funds held at the FCM(s).

Second, we assist FCMs with bespoke GMI projects

Our typical client in this space is either a GMI service bureau client or small to mid-tier in-house GMI client. Projects range from custom programming, data collection, normalization, and production of custom data file outputs and reports to GMI release testing and installation, and staff augmentation etc. We also have various subsystems to assist FCMs such as:

  • Client interest subsystems with various benchmark rates and interest calculation formulas on total equity and margin excess just to name a few.

  • An electronic trade blotter subsystem where we input the end of day transactional data from GMI to produce a sortable user interface screen that runs directly on the GMI AS400 server. This subsystem increases the efficiency of the Operations staff by allow specific selections and then automatically calculates the pay-collect versus settlement for that selection.

  • Broker / AP payout subsystem with rates to and from, plus scales.

  • Consolidated Spec Limit Position Reporting to ensure limit compliance versus the Underlying Exchange or CFTC position limits. Our system should not be confused with the standard CFTC or Exchange position limits that are set under one preset level by product. Instead, and depending on the product(s), position limits or position accountability levels may be implemented during the following periods – Spot Month: a period of days prior to the expiry of the front month contract, or, for physically delivered contracts, during the notice period or a defined period of time prior to expiry. – Single Month: any single contract month outside of the period the spot month position limit is in effect. – All Months Combined: net open positions held in all contract months of a product, including the spot month. Most FCM’s are not in compliance with the CME’s “Position Limits and Accountability Levels – Rules 559, 560, and 562” where position limits are calculated on a net futures-equivalent basis by contract and include contracts that aggregate into one or more base contracts according to the aggregation ratio(s) as set forth in the then current Position Limit Tables. The aggregation of contracts for Spot Month, Single Month, and All Month are noted in those Tables. Other major commodity exchanges have followed the CME’s findings with varying interpretations based on their own internal bylaws. We are one of the few vendors in the industry to offer this system

Third, We Assist Prime Brokers and Broker Dealers who utilize the Broadridge Financial Solutions back-office platform

Our typical client in this area is a Broadridge service bureau client who requires normalized, readable data files to be produced from the packed, zoned output Broadridge Financial generates directly from their various mainframe platforms.

Experience that empowers you

Do we have your attention? Let’s talk about how KITB can simplify your reporting, streamline your processes, and give you the clarity you need to focus on growing your business. Whether you’re just exploring options or ready to start a project, our team is here to listen and provide solutions tailored to you.