Trade Lifecycle
FinPricing offers:
Four user interfaces:
- Data API.
- Excel Add-ins.
- Model Analytic API.
- GUI APP.
A trade, also called a deal, is an exchange of financial products from one entity to another. Managing the life cycle of a trade is the fundamental activity of exchanges, investment banks, hedge funds, pension funds and many other financial companies.
All the steps involved in a trade, from the point of order placed and trade execution through to trade settlement, are commonly referred to as the trade life cycle. Trade life cycle consists of a series of logical stages and steps.
Trade Capture |
First of all, users need to create a least one book to hold trades. You can find the instruction of managing books. A book is a collection of financial assets. It could be a portfolio or trading strategy or desk. FinPricing portfolio management supports multi-level book(portfolio) hierarchies.
FinPricing provides two interfaces for users to capture trades:
Trade Valuation and Validation |
Users can define their own end-of-day (EOD) details. At each EOD, FinPricing will conduct EOD process automatically based on user definition – value and settle all trades and generate reports. Also FinPricing provides a manual interface for what-if analysis on valuation and validation
Trade Cash Payment Settlement |
This is the process of simultaneous exchange of cash payments or assets periodically between two parties for derivatives ( such as interest rate swaps) or securities (such as bonds). In the EOD process, FinPricing will automatically compute the cash payments at each payment date for a periodic payment instrument. However, the system also provides an interface for a user to settle or modify cash payment manually
Trade Termination Settlement |
A security or derivatives could be expired, early terminated or sold. FinPricing allows a user to terminate trades flexibly.
Related Topics |