4sight looks to better collateral optimisation 01 May 2012London Reporter: Georgina Lavers
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4sight Financial Software is seeking to further its collateral management service with the launching of a collateral optimisation module for its Xpose system.
The solution allows financial firms to run automated availability checks based on a counterparty’s acceptability and concentration schedules. The system will then propose the cheapest to deliver collateral within schedule.
The collateral optimization system can also run collateral allocations across all of a firm’s counterparts and across business lines, including securities lending, repo, and OTC/listed derivatives.
This allows the system to show the discrepancy between the firm’s actual collateral cost and optimum collateral cost. The system bases actual collateral cost on current allocations and optimum collateral cost on the best possible allocations.
The module also allows users to run ‘what if’ scenarios to allocate collateral against underlying clients in the collateral pool without booking any collateral movements.
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