- Client empanelment process is different and dependancy is on the institution
- There is an Institutional/Custodial risk instead of Credit/Market riskÂ
- Execution reporting and confirmation happens before market closure and contract notes are issued throughout the day
- Institutions require specialized and customized servicing whereas retail is a mass processing job
- Integration with global systems may be required by some Foreign Institutional clients
- Failed deals/transactions need to be rectified as per exchange guidelines
- The Institution is the king so specific instructions need to be followed
[Though a broker may have all Retail, PRO & Institutional business in SharePro it all happens on a single instance of the software and naturally without any work-arounds.]