Posts related to capital markets support, market updates, services and products.
There is a new feature in HedgePak that will help many Openlink users retire duplicate code when they upgrade to HedgePak version 8 and higher. This is a welcome change for users. And, while there is an effort required to convert to the new valuation method when upgrading Findur, the conversion can be automated.
ISDA announced CDM back in 2018 and now it is starting to gain momentum. We discuss why you should be looking at the future of trade modeling and processing now and why.
Modelling the SOFR curve in Findur using zero rates is a way to simplify the implementation today, and minimize the impact of changes to best practice curve construction methodology in the coming years.
Ultra-low and negative interest rate present a challenge to traditional option pricing models. We discuss how to implement changes in Findur to stay ahead of trouble, and to keep option pricing as sharp as your front office will need.
OpenComponents is Openlink’s advanced application programming interface that allows users to customize and extend the functionality of the Openlink application.
Learn more about OpenComponents from its designer.
The coronavirus pandemic is disrupting organizations’ operations. In most cases, staff must now work from home. It is one thing to shift to video conferencing, not having access to trade data is simply unsustainable.
In this note we describe some of the services available to support remote access to Findur as well as some of the positives and negatives of the various approaches.
Since 2008, enterprise application vendors worked hard to enhance their applications with the features necessary to support the dramatically altered financial markets landscape.
The focus of this paper is the difficulty that the enterprise vendors have had supporting collateral management.
We speak to a good portion of Findur clients across a number of geographies, and one topic that comes up regularly is the right strategy to make an upgrade as simple as possible.
The baseline question comes down to: ‘like-for-like’ or stage several changes as part of the upgrade. In this post, we address the important priorities that we believe should be considered for inclusion within the scope of an upgrade.
Connex is Openlink’s name for a framework to integrate the application with other systems. There are features in the framework that offer scalability, security, high availability, auditing and guaranteed delivery. Additionally, there is support for data type translation and invalid message handling.
In this paper, we walk through some of the aspects of the Connex suite that should be evaluated as part of a Findur integration project.
We have previously written about gaps in Findur reporting detailed P&L on equity derivatives, and separately on gaps in realized P&L for some instruments such as inflation-linked bonds and options on futures. In this paper, we outline another gap in Findur that affects many users: Greeks on fixed income derivatives, and by extension, P&L explained.
