OTC Platform

Growing transaction volumes and increasingly complex structures are creating a real challenge for derivatives sales organizations. Framesoft's OTC Platform (OTCP) addresses the day-to-day needs of both sales and trading by supporting typical workflows in structuring, simulating and selling OTC derivatives.

OTCP helps organizations involved in derivatives trading and sales to eliminate operational risk by electronically supporting every step in the derivatives sales cycle.

OTCP is tightly linked to the trading system via an FpML based two-way interface. Price requests, simulations and trades can thereby easily be processed without any manual intervention.

The following graphic provides an overview of the main functions of OTCP and how they relate to the surrounding corporate systems:

A typical workflow supported by OTCP is illustrated in the flow chart below:

OTCP not only captures derivatives transactions of pre-configured structures but also supports the product creation process itself. Underlying OTCP is an FpML based object-model that allows the design of arbitrary new structures and makes those structures available to sales and trading.

Complementary to the capturing of transactions based on pre-configured structures OTCP provides a "free format" term sheet negotiation module based on FON which allows users to electronically support and capture even very exotic, new or rarely traded structures.