Utopia Credit and Risk System
ARE YOU EFFECTIVELY MANAGING YOUR CLIENT CREDIT AND RISK EXPOSURE?
Davidsohn Global Technologies, Inc. ® Utopia™ product is a multi currency credit/risk
management system that provides Broker Dealers with access to actual or hypothetical client
credit and risk information on a real-time basis. It has an extensive calculation library that
supports margining under Reg T / Rule 431 and Customer Portfolio Margining.
To be eligible for Customer Portfolio Margin, the NYSE requires broker dealers to have a
sophisticated intraday monitoring system with the ability to re-price accounts throughout the
day. Utopia accepts real-time and intra-day trade and pricing feeds, calculates results that can
be accessed online or in pre-configured reports, and is fully compliant with Federal and
Exchange regulatory requirements.
PRODUCT FEATURES
Extensive Optimized Calculation Library
- Multi-Currency / Multi-Entity / Multi-Product
- Calculations
- Reg T / Rule 431
- Customer Portfolio Margin
- Day Trading
- Risk Based Haircuts
- Optimized for performance and accuracy
- Calculates requirements in local & rollup currency
Customer Portfolio Margin
- Sophisticated intraday monitoring
- Stress testing (scheduled or on demand)
- Day Trading calculation based on $5M equity rule
- Compliance monitor and alert notification
- Securities eligibility validation
- Minimum equity validation
- Rule 431 margin treatment for non-eligible securities
- CPM House and SRO requirements
- Margin call alerts / exception screen / reports
- Call aging / tracking and closing
What If Analysis
- Separate “What If” database that does not impact production
- Apply hypothetical trades, journals and prices
- Comparison of Reg T / Rule 431 margin calculations to Customer Portfolio Margin calculations by account
- Simulate scenarios tailored to client objectives to maximize profit and avert loss
- Rehearse credit scenarios and action plans in response to evolving market conditions
Financial Instruments Supported
- Equities (Domestic, Foreign, ADR’s)
- Options (Equity / Index / Currency)
- Municipal Bonds
- Corporate Bonds
(Convertible / Non-Convertible)
- Government Bonds
- Zero Coupon Obligations
- Fixed Income Derivatives
- Non Convertible Corp Bonds
- Single Stock Futures
- Treasuries
- Credit Derivatives
Credit Analysis
- Determine credit availability & apportionment across client accounts
- Reconcile credit differences detected during credit requirements recalculation
Exception Processing
- Identify all accounts for a given margin exception condition (e.g. Fed Call, Maintenance Call, House Call, or custom exception criteria etc.)
- Identify all exceptions violated by a specific account or family of accounts
System Flexibility
- Recalculates credit requirements by account
- Overrides credit requirements by account, country, currency, CUSIP, industry and security
- Manual trade and journal entries
- Account recalculations can be launched on an “account-affected trigger” basis or manual user request
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Real Time Credit / Risk Management
- Real-time query and online viewing
- Intraday calculations and reporting
- Concentration / liquidity requirement adjustments
- Highly adaptable, offering a full range of exception reporting and customizable notification options
- Instant evaluation of trade results
- Assesses and/or monitors risk exposure and regulatory requirements for Retail, Prime Broker, Market Maker, Leveraged Financing Offshore and Global accounts
- Creates family of accounts (up to four levels)
- Interprets the credit impact of complex trading scenarios
- Automatically determines optimal credit to extend on securities collateral
- Ability to apply cross currency hedges
Reporting
- Real-time and intraday reporting
- Customizable exception reporting
- Pre-configured reports
- Automatic report generation after completion of start of day processing
- On Demand reporting
- Reports can be viewed online, saved as PDF and printed
- Data export to Excel and other formats
- CPM Reporting
- Margin Exception Reporting
- Compares scenarios to baseline records on a standardized or customized basis
Start of Day Calculation Preparation
- Data required for start of day processing
- Accounts
- Positions
- Balances
- Products
- FX Rates
- OCC Tims Data (CPM Only)
- Trades
- Journals
- Pricing
Intraday Calculation Preparation
- Data required for real-time / intraday processing
Technical Features
- Full security and audit trail
- Innovative browser based Graphical User Interface
- Open database for custom query, report writing and data export
- Export data to downstream books and records systems
- Processes multiple data loads for global functionality
- Available as Davidsohn Software-On-Demand™
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For Additional Product Information: TEL: 212.208.0100 Please
contact us here.
If you would like to download a PDF version of the Utopia Credit and Risk System brochure,
CLICK HERE.