Eka - Version D -Derivatives Comprehensive Management Software
Eka’s Derivatives application provides comprehensive management of derivative trades to handle market exposure of different underlying assets. The application facilitates end-to-end management of exchange traded and over-the-counter derivative contracts in one system for hedging and trading.
Read more at www.eka1.com and www.quorgroup.com
Derivatives trades are exposed to various types of risks such as price risk, credit risk, forex risk etc. Rapidly changing trade types and increased rules and regulations are adding to the complexity of managing the derivative lifecycle.
Eka’s derivative application reduces the multidirectional challenges in derivative management. The application accommodates variation of each asset class and supports end to end management of the derivative lifecycle with a comprehensive solution for order management, straight through processing, approval workflow, broker reconciliation and connectivity with external systems.
- Manage exchange and over the counter derivative trades with industry standard protocols aligned with different exchange topologies and regulatory frameworks
- Ensure near real-time visibility across the entire portfolio
- Assign accurate value to fast changing, multi-class assets by enabling mark-to-market computations on derivatives
- Maintain a complete audit trail of all changes to the system – who, what and when
Data Sources
- Derivative trades from CTRM/ exchanges/external sources
- Market prices and rates from Thomson Reuters, Bloomberg, S&P Platts, etc.
- Derivative trades - all open hedge positions
- Derivative exposure view – aggregate/lice by instrument type for the deals that are contributing to exposure
- Derivative deals closed out today/Nearing maturity today/ Options
- expiry report
- Trade PnL- unrealized and realized
- Derivative audit trail view
Manages a wide spectrum of Commodity Derivative Trades –
- Exchange traded – Futures, Exchange options, Product spreads, Calendar spreads
- Forwards, OTC options, swaps
- FX forwards, Futures and options
- Accumulators
- Supports formula pricing
- Various methods of close out via cash settlement, close out with opposite trades, exercise trades etc.
- Collateral management
- Mark to market to know current values
- Valuation and exposure assessment
- Multi-level approval workfl ow
- Bulk lifecycle event
- Pricing or hedging of physicals using derivatives
- Trade confi rm and Invoicing of Over the counter (OTC) trades
- Supports for internal trades
- Manage risk position reporting, PnL accounting and settlement of derivative trades
- Implement hedge policy and get notifi cations in case of breach
Reports and dashboards
External Connectors
Pre-built connectors. Bring all your data together. Salesforce, SAP, Oracle and spreadsheets
Extensible
Add-on apps from the app store, to meet additional functional needs
Mine Data, Share Insights
Use data for faster decision making.
Share information with your team and stay up-to-date
Power of Cloud & Mobile
Anytime, anywhere access
Self Service
Create your own dashboards, data views, drill downs and ad-hoc reporting
Scalable
Grows with the business
Read more at www.eka1.com and www.quorgroup.com