It’s synthetic prime time at 4sight
12 June 2014 London
Image: Shutterstock
4sight has launched an equity derivatives software solution for synthetic prime brokerage.
The 4sight Synthetic Finance system supports the full synthetic finance lifecycle.
It offers a front-to-back office solution for swap transactions, including contracts for difference (CFDs), total return swaps (TRS) and portfolio swaps, over a range of underlying assets, such as equities, futures and bonds, on a single or cross-currency basis.
The system provides workflow and control for position management, trade entry, corporate actions, settlement and reporting. Integration with 4sight’s Xpose collateral solution provides collateral management and margining support.
As a real-time management and calculation system, 4sight Synthetic Finance is ready to meet the demands of regulatory reporting requirements for the US Dodd-Frank Act and the European Market Infrastructure Regulation, according to the firm.
It can also be installed as a standalone module or as an integrated component of 4sight’s Securities Finance product suite, providing “prime brokers with a one-stop shop for prime financing, including synthetic and physical trading, real-time inventory, collateral optimisation, margining and financing.”
“We are delighted to announce the launch of the new Synthetic Finance solution, which naturally complements 4sight’s existing Securities Finance and Collateral Management product suite,” commented Alastair Chisholm, managing director of 4sight.
“We expect significant growth in the equity derivatives and synthetic finance space in response to the regulatory pressures facing prime brokers and their clients. This latest addition to our product range enables 4sight’s clients to take advantage of this trend and establish new revenue streams as synthetic trading gathers pace.”
The 4sight Synthetic Finance system supports the full synthetic finance lifecycle.
It offers a front-to-back office solution for swap transactions, including contracts for difference (CFDs), total return swaps (TRS) and portfolio swaps, over a range of underlying assets, such as equities, futures and bonds, on a single or cross-currency basis.
The system provides workflow and control for position management, trade entry, corporate actions, settlement and reporting. Integration with 4sight’s Xpose collateral solution provides collateral management and margining support.
As a real-time management and calculation system, 4sight Synthetic Finance is ready to meet the demands of regulatory reporting requirements for the US Dodd-Frank Act and the European Market Infrastructure Regulation, according to the firm.
It can also be installed as a standalone module or as an integrated component of 4sight’s Securities Finance product suite, providing “prime brokers with a one-stop shop for prime financing, including synthetic and physical trading, real-time inventory, collateral optimisation, margining and financing.”
“We are delighted to announce the launch of the new Synthetic Finance solution, which naturally complements 4sight’s existing Securities Finance and Collateral Management product suite,” commented Alastair Chisholm, managing director of 4sight.
“We expect significant growth in the equity derivatives and synthetic finance space in response to the regulatory pressures facing prime brokers and their clients. This latest addition to our product range enables 4sight’s clients to take advantage of this trend and establish new revenue streams as synthetic trading gathers pace.”
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