MASTERFINANCE 8.1

THEMA Consulting, the Swiss provider of trading & risk solutions for capital markets and corporate treasuries, announces MASTERFINANCE 8.1

“MF supports a number of diversified operating models, from regional banks to large multi geography corporate and banking groups.

 In the current fast-changing environment, all market players of any shape and organization are looking to upgrade their business models, while required to meet new market and regulatory imperatives: this is not new to us at THEMA, as we are not just a software supplier, but a trusted provider of comprehensive, thorough, flexible and scalable solutions.

 On 2016 a number of radically different realities have adopted MasterFinance, while our existing clients have further leveraged on the capabilities offered by the solution, thus awarding our proposition.

We constantly work in collaboration with our customers to make them exploit the best market practices: the new MF release includes a variety of additional enhancements which, once again, demonstrate our dynamic client-driven evolution approach.”

says Pierluigi Nasoni, CEO & Chairman of the Board at THEMA Consulting.

Key developments and enhancements now available on MasterFinance 8.1:

PRODUCTS (full lifecycle):

• Equity Swap, Price Return Swap, Dividend Swap,Total Return Swap, Dividend Future
• FX Digital Accumulator
• Double Barrier KI/KO until KI
• Repo Evergreen
• Equity Collateral
• Dual Currency Securities
• Commodity Asian Swap
• OTC Future 

ORDER MANAGEMENT:

• Order “at Market” now extended to FX exotic Option & Forward Start

ALM:

• ALM with Historical Scenarios
• IR Margin variation calculated with or without coupons

MARKET RISK:

• Limit management on security trading, supporting position monitoring for delta/gamma and vega neutral strategies

CREDIT RISK:

• Extended CTP Risk Netting View (Same Ccy or Any Ccy)
• CSA/GMRA Collateral view: Rating-based collateral monitoring
• ET Margining P&L and Risk figures from Client/CTP perspective
• Full management of “Global Master Securities Lending Agreement” (“GMSLA”)

FRONT & MIDDLE OFFICE:

• Extended Risk measures for Securities-based derivatives (Delta/Gamma 1%, Lambda, Rho Hedge, Vega Hedge)
• Extended usability of What If View (Granularity at single deal level, Possibility to use multiple data set, Historical archiving of simulations)
• Credit Risk What If on Z-Spread and ASW Spread
• Advanced Security Schedule and Delivery Schedule Views
• Cross-Assets Customer Positions
• KRS: Sensitivity computation based on multiple curves, market quotes sensitivities for single pillars, shocks applicable to single time bucket
• Vanna-Volga pricing model for barrier options
• HICP index insertion or estimation (with or without seasonality) on inflation curves
• Advanced simulation capabilities on margin requirements for ET derivatives (combination of multiple actions on positions, related amounts and market prices)

LIQUIDITY:

• New indexes for limit management on IR cash flows (Notional Inflow & Outflow Risk, Notional Gap Risk, Total Inflow & Outflow Risk, Gap Risk)

ACCOUNTING:

• Advanced methods on Hedge Accounting (such as Hypothetical derivative, Change in Variable Cash Flow Hedging, Change in Fair Value)
• Extension on HA standard reporting for integration with external systems

STANDARD INTEGRATIONS:

• Deal import – Exotic FX Option from FXAll and Bloomberg GO
• Deal import- Equity & Fund from Bloomberg EMSX
• EMIR (Regis TR) – ET Derivatives by Position