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Global neXt Margins (GX Margins)

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Overview

The comprehensive solution provides a ‘one-stop-shop’ for all collateral and margin requirements, enabling clients to consolidate OTC derivatives, secured financing, prime brokerage and TBA exposures within a single platform.

Key Features

Collateral Management

  • Margin calculations
  • Margin calls
  • Dispute handling support
  • Client statements and notice distribution
  • Credit risk, finance and other downstream reporting
  • Collateral booking and substitution
  • Interest calculation
  • External portfolio reconciliation service* interface
  • Margin exchange platform

* triResolve by TriOptima can be used if both parties participate

Coverage

  • OTC derivatives (CSA, non-CSA, client clearing)
  • Repo (GMRA, bespoke agreements)
  • Securities lending (GMSLA, bespoke agreements)
  • TBA (MBS – trades under MSFTA)
  • Prime brokerage (cross-margining)

Workflow Management

  • Detailed configuration per agreement
  • 4 eyes check authorisation

Key Benefits

Optimising Collateral Operations

  • Multi-entity, multi-product and multi-currency support
  • Centralise exposure and collateral management into a single platform, optimising exposure management and inventory usage
  • Configurable, flexible rule-based workflow engine to achieve high- STP rate and real-time data processing
  • Connectivity to market infrastructure platforms support high levels of STP throughout the process

Regulatory Compliance

  • Proven for new regulations under Dodd-Frank and EMIR regime such as Uncleared Margin Rules, FINRA4210, etc.
  • Consolidation of counterparty risk supports efficient usage of regulatory capital
  • Supports regulatory compliance in a timely and scalable fashion, mitigating operational risk for both the client and their customers

Product/Service details