Collateral Trading / Repo & Securities Lending

Provision of comprehensive functionality for trade capture & position monitoring.

Framesoft Repo & SecLending (FRS) is a powerful trading and position keeping system for collateral trading featuring extensive tools for position allocation, P&L and reporting and settlement.

In recent years interest in collateral trading, repo and securities lending has increased sharply. Main motivations for growing volumes in this business area are:

• reduction of credit risk
• reduction of refinancing costs of trading positions
• generation of additional income

In addition, particularly at custodian banks, interest in security loans and repos is growing in order to offer customers an attractive additional service as part of the custody service.

Managing this business efficiently inevitably requires a robust full-functionality system that supports this particular type of trading. A repo and securities lending system should provide full support for all kinds of transactions – from the very beginning of entering the trade in the system, through possible adjustments, settlement, and all the way to the closing of the trade. Not only should the handling of the volume of trading be reliable, it is just as important to be able to monitor and manage all aspects of the deal at any stage of the trade through easy processing of changes.

FRS offers all this and more. FRS is a leading-edge application offering the users full control over the entire trading process, including a dynamic trade entry with automated information on position availability and quick search for securities and counterparties, configurable allocation system for pool lending, easy access to all information on any trade, management of trades and trade adjustments, management of positions and collateral, supervision of credit risk, automated fee calculation, and comprehensive reporting among its core functionalities.

The FRS system is very easy and cost-efficient to implement and can be attached to any existing in-house data and settlement system. The advanced technology of FRS makes the application easily customizable to your needs.

Technology

FRS is based on a “state-of-the-art” 3-tier-architecture implemented using Java, XML and other internet technologies.

FRS greatly benefits from the powerful functionalities provided by Framesoft's application platform FON providing easy modification of data entry forms, configuration of arbitrary workflows, monitoring of business rules, powerful reporting and a graphical management dashboard freely configurable according to the business needs.