Rapid Development of Financial Applications
The LexiFi Platform is a complete set of tools for the rapid development of
financial applications. The LexiFi Platform provides a foundation for
delivering innovative products and services while controlling costs and risks.
The LexiFi Platform is used by LexiFi, financial institutions, and partners
to develop stand-alone or integrated solutions designed to automate key business
processes such as product development, product sales, product processing,
customer service, reporting, controlling, and risk management.
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Automate Key Business Processes
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Develop stand-alone or integrated applications
based on a conformed product definition standard
to automate key business processes.
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8 Reasons to Use the LexiFi Platform
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Accurate Representation of Financial Contracts
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Accurately describe sophisticated financial products, based on any type and
combination of underlying asset, using the Modeling Language for Finance
(MLFi), a precise formalism that exhaustively describes financial contracts
with a limited set of core constructs.
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Single Product Definition, Multiple Uses
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Create versatile product definitions that remain strictly decoupled
from the programs that manipulate them: MLFi describes what contracts
"are" independently from what they "do," and the resulting
specification is used to derive pricing, analytical, operational
management, and other contract processing capabilities, with
the guarantee that the behavior across these environments is consistent.
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Open Pricing Architecture
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Leverage in-house pricing resources. The LexiFi Platform
clearly separates the various pricing-related services and data
elements in order to support a multitude of integration scenarios with
existing valuation algorithms and calculation platforms.
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Formal Operational Model for the Systematic Detection and Processing of Life Cycle Events
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Automate the life cycle management of structured products: systematically
detect and process events in a portfolio of complex products, keep a full
history of events, and perform the required simplifications as a contract
progresses in its life cycle.
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Contract Simplifications
MLFi contracts simplify progressively as life cycle events are processed and
eventually reduce to a "zero" contract that carries no right and no
obligation.
Click image to enlarge.
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Simple and Readable IT Model
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Shield applications from the diversity or complexity of financial products with
the LexiFi Platform's radically simplified contract representation.
Transactions and their life cycle history are represented in a single
document that applications may manipulate through a clear,
well-documented API available in C# and MLFi.
In addition, the LexiFi Platform's schema-independent approach to database
integration minimizes the number of tables used to represent
financial contracts.
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Rapid Development of Microsoft .NET Applications
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Automatically generate significant portions of Microsoft .NET applications.
For example, financial engineers and software developers can
derive graphical trade entry screens on the fly from the parameters that
define a financial product. At the same time, the new product is linked
with a set of suitable valuation routines. Database integration and
event processing capabilities follow mechanically. This feature greatly
simplifies the new product process and accelerates the development of
valued-added trading applications.
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Generated Trade Entry Screen
Derive graphical trade entry screens on the fly from
the parameters that define a financial product.
Click image to enlarge.
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Extensive Collection of Building Blocks for Developing Financial
Applications, Delivered with Source Code
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Get started immediately with pre-built
functionality for defining, pricing, analyzing, and processing financial products,
including a finance library and a collection of industry-standard pricing model
implementations with related calibration algorithms, both delivered with source code.
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Knowledge Transfer Program, Access to System's Internals
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Become fully autonomous with LexiFi's comprehensive knowledge transfer
program. Almost every component in the LexiFi Platform is
delivered with source code. LexiFi also offers co-development options.
LexiFi's goal is to provide flexibility and to
put customers in control of their technology infrastructure, not to tie them
to a vendor.
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Customer Spotlight
Not the Best Solution...
The Only Solution
"It takes a significant amount of experience in the development of complex
derivatives software to properly assess the value of LexiFi. We have found that,
over time, alternative approaches are inherently limited."
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