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

FAS 133 /IAS 39 (FAS) Solutions

OpenLink's integrated accounting and risk management platform is uniquely engineered to comply with the exacting standards of IAS 39 and FAS 133. With OpenLink Findur/Endur, the end user can organize multiple hedge scenarios, run stress simulations, graph projected changes to hedge effectiveness under varying conditions, and produce required documentation at the touch of a button. The interactive framework and open architecture allow the risk manager to make "accounting adjusted" trading decisions in real time, before obligating the company to a hedge strategy, while the accounting staff remains secure in the knowledge that required accounting entries will automatically post to the ledger.

Optimize your activities and respond to derivative hedge accounting standards with confidence:

• Decompose/aggregate data and conduct component calculations on numerous financial "pieces" of one or more transactions
• Designate (at hedge inception) and maintain "many to many" hedge/underlying relationships
• Generate required documentation verifying hedge/hedged item relationships
• Retain historic accounting data
• Calculate new values from retained data
• Conduct notional and time based leveling calculations
• Deal with functional reversal/amortization of historic postings
• Automatically process ledger postings at prescribed intervals
• Project value changes across future "stepped" time horizons
• Calculate prospective and retrospective hedge effectiveness
• Generate stress scenarios ("what ifs") to determine whether hedge effectiveness will be maintained in a dynamic market environment
• Publish required memoranda

OpenLink allows you to customize your operation with the functionality that you need, whether utilizing Findur/Endur directly or accessing your own proprietary routines. Select the framework that gives you complete management control over the derivative hedge accounting challenge.