22-Nov-2011
FIX messaging is now supported to route Short-Sale Locate requests directly from any order management system (OMS) to the Affirmative Determinations module on your desk. A good Locate may be given automatically or await action by desk personnel. Once actioned, a reply is sent back to the OMS.3-Nov-2011
Twill is now capable of exporting inventory in real-time to downstream systems. This file-based FTP export is useful where current inventory is necessary in another system. Can be set to batch all inventory or just changes since the last update.18-Oct-2011
A Refinancing utility has been added to Twill, similar to what is available in Argent. This screen makes it easy to see where there is loan availability at better rates than in current open contracts. User can set threshold for notional amount and minimum spread to filter out low-value opportunities.11-Oct-2011
Argent has been enhanced to allow for more flexible management of rules surrounding Trading Restrictions. Most any rule the business may define can be implemented. For example, a notional limit may be set on trading by specific instrument class or group, by counterparty, by entity, or, however it need be done.4-Oct-2011
The Mail Notices utility in Argent has a new function that allows for e-mail notification on credit or compliance exceptions. This allows the Desk to correct an issue sooner rather than later when a condition exists that would result in an exception at end-of-day.28-Sep-2011
Rebate/Fee Allocation module, enhanced to allow for different rate structures depending upon legal entity of the position, and the source or sink for the security. The process is no longer reliant on a single market rate for a security.15-Sep-2011
Introduced real-time tracking of buy-ins on open recalls. User can see up-to-the-minute exposure along with a future buy-in settlement-ladder for each security in the Recall Management module.12-Sep-2011:
The Benchmark Rates utility has been enhanced to support automatic loading of daily rates. Where in the past, a user had to populate daily values for benchmarks like Fed Open and Fed Effective, a method has been introduced that runs in the background to load these rates automatically.26-Aug-2011:
Auto-locate rules for Affirmative Determinations, the short-sale-locate utility, have been enhanced to allow the user to set an upper limit on the quantity that will be automatically located. If exceeded, the locate request will go to Pending status for the Desk to locate manually.4-Aug-2011:
The Box Monitor has a new view that allows DTC delivery records to be seen in detail across all securities. This enables filtering and sorting of all records. In the past, a user could see a summary across all securities with detail just one security at a time.