Features
Offering comprehensive support for full simulation, collateral, netting, and give-up agreements, Real-Time Credit Check for Treasury eCommerce helps banks address the needs of the rapidly evolving e-commerce market.
Real-time exposure updates
Credit exposures are updated in real time as committed transactions are received. This provides real-time updates to exposures, resulting in a greater level of credit limit protection from algorithmic trading engines that are capable of rapidly exploiting market opportunities. Incremental updates allow intraday transparency of credit exposures, and the opportunity to more effectively manage intraday excesses.
Full simulation with collateral and netting
Algorithmics' treasury e-commerce solution supports full simulations for Request for Quote (RFQ) and Request for Execution (RFX). A simple credit limit is performed for RFX, taking into account the credit mitigation effects of collateral and netting. The check is performed against limits including, settlement, notional, and simulated exposure. In the case of an RFQ, a response is returned indicating availability.
FX/MM, IRS, futures, commodities and CDS
The solution's speed and accuracy allows pre-quote full simulation and checking to be performed across a number of asset classes. The software provides full asset class coverage out of the box for many prime brokerage clients, and is being extended to cover other highly liquid and profitable products.
Real-time interfacing
Algorithmics' real time credit check solution is designed to interface with trade and pricing engines using middleware messaging, and provide a real-time extension to an organization's existing credit exposure and limits systems.
High availability
Real-Time Credit Check for Treasury eCommerce is built to support 24x5.5 high availability operations, to deliver the performance required by the high volumes of global prime brokers.
Featured Case Study
Ready to Comply
Credit Suisse First Boston benefits from a proactive approach to regulatory compliance.