LexiFi Apropos automates the processing of trades and the life cycle management of tailored products.
Internal workflows
Implement custom workflows to control product data and term sheets, process trades and synchronise relevant data with in-house systems.
Third-party workflows
Interact with other stakeholders upon consummating a trade—e.g., apply for identification codes, apply for listing on an exchange, send product data to exchanges and to market data providers.
Event management
Detect and process life cycle events such as payments, fixings, option expiries, barrier crossings and equity corporate actions. Product definitions adapt automatically in response to such events.
LexiFi Apropos adjusts derivative contracts following a corporate action: the system supports both the ratio method and the package method and enables users to inspect at all times the successive values of economic contract parameters (e.g., underlyings, levels, parities) and past fixings.
Monitoring of barriers
Products with embedded conditions, such as continuous barriers, require special monitoring capabilities. The system measures the proximity of the event, generates alerts, diagnoses when a condition is met, records detailed information on the circumstances surrounding the event and details its consequences.
Create custom displays with alerts to monitor metrics of your choice, such as the current distance to a continuous barrier.
Click image to enlarge.Product audit
Access accurate product records, from inception to maturity, inspect past events and audit cash flow calculations at all times.
Cash and security positions
Calculate past and future cash flows, cash balances and security positions.
