Framesoft Contract Repository

Requirements

Contract and Counterparty Data represent an important source of information for diverse mission critical business areas. Growing requirements regarding credit risk monitoring and regulatory requirements represent the main factors driving the company wide collection of data about contract relationships.

Lack of a central repository for all contract and counterparty data

Solution

Framesoft Contract Repository (FCR) manages contract and counterparty information. FCR features a powerful meta data model capable of supporting any kind of contract type. The amendment of pre-configured contract types or creation of new contract types can be accomplished "on the fly" without any reprogramming. Data entry screens are generated dynamically according to the configuration of the meta model.

The same flexibility is available for counterparty properties which describe the nature of the counterpart and can be used for reporting purposes or - in case of derivatives master agreements - for close-out netting.

Customers using FCR manage contract types such as
  • derivatives master agreements (e.g. ISDA, DRV)
  • master master agerements
  • custody agreements
  • cash management agreements

Functions

  • entry, maintenance and retrieval of counterparty, product and master agreement data and legal opinions
  • dynamic setup of arbitrary counterparty properties and contract provisions
  • marking of contracts, counterparts, products with respect to their ability to be included in netting; every single clause of a contract or property of a counterpart/product may be marked with respect to its relevance for netting decisions.
  • provision of netting data containing all combinations of counterparts and products that allow for netting
  • defining legal document templates and generating legal documents based on the templates and the contract information entered
  • storing other related documents (letters,...) and searching these documents
  • extensive user definable reporting
  • client capability allowing separate legal entities of a group to use one central contract repository
  • role concept governing access rights to functions and data down to the field level