TRADExpress™ RealTime Clearing is a comprehensive clearing and real-time risk management solution aimed at exchanges and clearing organizations. It offers a range of services for operations staff at clearinghouses and their member firms to make post-trade management an efficient and secure process – from trade execution to settlement.
High performing, real-time risk management will be in great demand in the wake of the credit crisis, reflecting the growing need for secure and transparent financial markets. Increasingly there will be calls for competent and flexible technical solutions to support business development and to maintain competitiveness.
With TRADExpress RealTime Clearing’s real-time, low latency risk calculations – pre- and post trade – risk is brought down to a minimum. The generic and flexible cross clearing model optimizes margin and collateral management with the ability for netting between member accounts and between asset classes.
The system enables you to adopt an agile business development approach and to act quickly on new opportunities and new customer requirements. The system handles all tradable instrument types, regardless of asset class. You can swiftly add new products to your offering thanks to the flexible reference data model. The RealTime Clearing system is built with modules that have been delivered to markets as diverse as structured financial products, commodity derivatives, securities lending and energy contracts. It is based on the TRADExpress platform proven in several demanding marketplaces.
TRADExpress RealTime Clearing can utilize all leading risk related algorithms. Customer specific algorithms can also be installed. If preferred, risk calculations can be performed in optional intervals instead of in real-time. The system uses recognized standard protocols such as FIX and Swift for effective communication.
>> Please contact sales@cinnober.com if you are interested in more information about TRADExpress RealTime Clearing.