AUTOMATION FOR OTC DERIVATIVES

Post-Trade Solution for Cleared and Uncleared Swaps

Summary

The Dolphin solution for post-trade processing of derivative instruments is envisioned with compliance, operational efficiency and data integrity as its core tenets. The platform delivers a seamless experience to process and manage the complete life cycle for Bilateral, Cleared and also Listed derivatives. The platform gets swap products to market quickly via its dynamic product configurator functionality. The platform also makes it easy to generate operational reports daily and deliver a real-time view of the derivatives operations. It is deployable on premise or in the private cloud with uncompromising performance and is supported by a global team. In addition the platform is built using a highly flexible services-oriented architecture (SOA) with layers of reusable services and integrates seamlessly with existing systems to help modernize your IT environment while retaining and extending the value of your existing technology investment.

Key Features

A real-time view of operations is provided through a business dashboard for more efficient management of the business process

Faster time to market of new instruments is achieved through use of dynamic product configuration functionality

Provides for post-trade processing and management of life-cycle events for both Cleared and Non-Cleared Swaps

Act as a single operations data source for all cleared and non-cleared swaps

Provide seamless integration with existing systems through standard interfaces

The business process components can be deployed independently as appropriate for integration with existing systems

Currency Support – A total of 19 currencies are currently enabled
i.e. USD, EUR, GBP, CAD, JPY, CHF, AUD, NOK, SEK, DKK, MXN, HKD, NZD, SGD, HUF, CZK, PLN, ZAR and BRL

Swaps Life Cycle Processing Support

temp-icon-trade-7-small-iconTrade and Position Management

  • Capture Bilateral/Cleared swaps and Listed(Futures/Options) derivative trades
  • Multiple trade data format support – FpML, FiXML and CSV
  • Trade Reporting to multiple repositories – DTCC and CME SDR
  • Real-time Position Calculation
  • Position Valuation using externally sourced process for held instruments

temp-icon-refrence-8-small-iconReference Data Management

  • Swap Product Expertise – IRS,CDS,Equity,FX
  • Listed Derivatives Support – Futures and Options
  • Currency Support – All major currencies
  • MarkIt Integration for all CDS RED Details
  • LEI Integration with GMEI Utility
  • Yield Curve Configuration
  • Holiday Calendar Configuration

temp-icon-cash-1-small-iconCash Management

  • Calculate Accruals, Variation Margin, Price Aligned Interest(PAI) and Net Cash Settlement Amounts
  • Perform Cashflow Projections for Bilateral/Cleared swap positions
  • Integration with external calculation engines – Excel/MATLAB

temp-icon-market-5-small-iconMarket Data Management

  • Capture derivative prices from external sources including CCP/brokers
  • Bloomberg web service API Integration

temp-icon-reconcilal-6-small-iconReconciliation Management

  • End of Day Trade/Position/Cash data capture from CCP and/or broker for reconciliation

Margin-management-logoMargin Management

  • Initial Margin(IM) calculation framework for both Cleared and Bilateral swaps
  • What-If and Real-time IM calculations at both Position and Portfolio level
  • Real-time Integration with CME Margin Services API

Product Support

Product Types
  • Interest Rate Swap (IRS)
    • Vanilla(Fixed-Float)
    • Basis Swap
    • Forward Rate Agreement
    • Overnight Index Swap(OIS)
    • Amortizing Swap
    • Zero Coupon Swap(ZCS)
    • Swaption
    • IRS-BRL
  • Foreign Excahange (FX)
    • Non-Deliverable Forward(NDF)
  • Credit Default Swap(CDS)
    • Single Name
    • Index
      • CDX
      • ITraxx
  • EQuity (EQ)
    • Equity
    • Equity Index
Product Types
  • Futures 
    • Agriculture
    • Energy
    • Equities
    • FX
    • Interest Rate
    • Metals
  • Options
    • Agriculture
    • Energy
    • Equities
    • FX
    • Interest Rate
    • Metals

Integration Approach

Request For More Information

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