OpenLink

Solutions

• STP Capital Markets
  • Front-Office
  • Middle-Office
  • Back-Office
• Global Front-Office
  • Front-Office
• Global Market & Credit Risk Management
  • Middle-Office
• Global Back-Office
  • Back-Office
  • Accounting
• Global Operational Risk Management
  • Back-Office
• Central Banking
  • Front-Office
  • Middle-Office
  • Back-Office
• Custom Solutions
  • Interest Rate Derivatives
  • Credit Derivatives
  • FX
  • MM
  • Fixed Income
  • Structured Products (MB/CMO)
  • Equity Derivatives
  • Precious & Base Metals
  • Soft Commodities
  • Corporate Treasury
  • Operational Risk
  • FAS133/IAS39
• ASP Services
  • Key Features
  • Awards

Market Focus

• Commercial/Investment Banks
• Central Banks
• Corporate Treasuries
• Asset Management Solution
• Other Entities

Credit Derivative (CD) Solutions

In this rapidly evolving market, users need a system that can quickly adapt to the most recent innovations. Credit Derivative (CD) Solutions provides the powerful real-time tools, instrument builders and transaction processes that enable banks and other financial institutions to rapidly implement new products/strategies, lower credit risk and optimize the use of capital as expeditiously as possible.

• Asset Swaps
• Total Return Swaps
• Single Name CDS
• Digital CDS
• Constant Maturity CDS
• CDS Indices (funded and unfunded)
• Tranched CDS Indices (funded and unfunded)
• Nth-to-Default Baskets
• CDSwaptions
• CDS Index Options
• Collateralized Debt Obligations
• Credit Linked Notes
• Credit Index Notes

• Flexible curve management and risk factor construction techniques to enable modeling of credit spread curves, survival/default probability curves, time-varying/constant recovery rate assumptions, and correlations
• Credit Event Manager for recording credit events, automatically exercising the implied credit event options, and settlement of reference obligations
• Static Data Facilities for managing credit ratings, credit classifications recovery rate assumptions, and credit index constituents
• ISDA compliant Legal Agreement and Document Management Facilities
• Integrated Pricing Models including Jarrow & Turnbull, JP Morgan, Copula, Hull White and Monte Carlo
• User-defined Instruments and External Pricing Model Interface for third party/proprietary models, new products, and highly structured/customized instruments.
• Real-time consolidated positions aggregating fixed income, asset swap, and credit derivative positions
• Real-time Credit Usage Monitoring
• Credit Limit Management
• Stress Testing Capabilities of recovery rate assumptions, CDS premiums, survival/default probability assumptions, correlations, and pricing models