The main features of the module are:
- Trade entry for outright purchase and sale of securities;
- Trade entry for OTC calls and puts;
- Trade entry for Total Rate of Return Swaps (single security or baskets);
- Easy entry of securities borrowing and lending strategies enables their conversion into multiple synthetic trades and positions (e.g. rather than booking an outright purchase and a synthetic transaction, a loan and borrow transaction alone may be booked);
- Maintenance of option premiums;
- Exercise of options;
- Management of swap resets and subsequent margin calls;
- Life-cycle management of total return swaps (increase, decrease, premature closing);
- Calculation of P&L;
- calculation of counterparty risk taking into account replacement values and risk add-ons for the different freely definable risk buckets;
- Seamless integration into the OTC derivatives collateral management module for ISDA Credit support Annexes;
- Intergrated workflow management for alerts and pending items.