The Tradetech Daily

4sight Xpose

4sight Xpose

4sight’s Xpose collateral management system offers cross-product collateral management and optimisation for securities lending, repo and derivatives. By supporting the full lifecycle with straight through processing, the process is highly automated to increase efficiency.

Features

The system offers cross product inventory and
exposure management and collateral booking. The platform enables users to
utilise its margin call workflow with colour coded dashboards and dispute
resolution services.

For OTC derivatives,
Xpose offers automated updates of collateral schedules through feeds from
central counterparties (CCPs), and modeling of each CCP, broker and futures
commission merchant’s eligibility and haircut schedules. Additionally,
collateral optimisation algorithms can provide the cheapest deliverable
collateral that a CCP will accept.

Users further benefit
from integrated collateral transformation capabilities through 4sight’s
securities lending and repo functionality. Collateral can also be reinvested
and the re-use of client collateral is possible through rehypothecation.

Many services are configurable, including elgibility,
concentration and haircut schedules.

Transaction lifecycle support

Xpose supports the full derivatives collateral management lifecycle. Its
system benefits from full front-to-back-office processing, including CCP
margining, settlement and reporting functions. Straight through processing of
margin calls also reduces manual intervention in the process.

Onboarding

4sight is experienced in complex global implementation for clients of all sizes. It provides support and implementation for its solution through in-house professional services and support teams. It has global support services available to clients through its worldwide office network.