TS Imagine has launched a new module within its cross-asset platform designed to provide an integrated system for managing the economics and risk of swaps.
The solution introduces a modular approach for synthetic prime brokerage desks and asset managers, replacing end-of-day reconciliation with a single, real-time intraday view across swap positions and hedge books.
The firm said the module is designed to reduce operational overhead by removing manual processes, while enabling real-time intraday P&L visibility, hedge monitoring and discrepancy tracking across portfolios. It also provides native P&L attribution intended to streamline regulatory reporting requirements, including under the US Volcker Rule.
The module includes embedded P&L attribution capabilities, covering full Volcker Rule VO2 to VO11 decomposition, which TS Imagine said removes the need for manual overlays and supports more streamlined compliance workflows.
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The platform supports instruments including single-name and index total return (TRS) swaps, basket and portfolio swaps, as well as CFDs and other multi-asset underlyings, and is aimed to meet the operational and regulatory demands of institutional prime brokerage desks and asset managers.
Rob Flatley, founder and chief executive of TS Imagine, said: “The days of the patchwork trading desk are over. Our users do not have time to navigate fragmented technology systems while also managing performance swaps and monitoring P&L and risk in real-time. They need one stack to cover price discovery and execution through every swaps lifecycle event.
“By replacing fragmented workflows and end-of-day reconciliation with a unified, real-time view, we are empowering our users to operate with greater precision, speed, and control.”
The module will be available across TS Imagine’s platform, integrating with SwapSmart, its total return swaps lifecycle management engine, RiskSmart+, its real-time risk and P&L platform, and TradeSmart, its multi-asset order and execution management system.