Structured investments lifecycle event management.

The entire horsepower of our engine resides in lifecycle management.

Managing complex products' lifecycle in an exhaustive way is not universally straightforward: products with embedded conditions, such as continuous barriers, require special monitoring capabilities. LexiFi’s lifecycle management tool is ready to process any product that is entered into LexiFi’s system regardless of its level of complexity and asset class.

LexiFi Apropos detects and processes lifecycle events such as payments, fixings, options, early redemptions, barrier crossings and equity corporate actions and product definitions adjust automatically in response to such events.

The tool allows user to:

  • Notify option exercises
  • Notify barrier crossings
  • Validate cash flows and physical deliveries
  • Apply Corporate Action adjustments
  • Retrieve fixings and saving it for audit purposes
  • Perform operations on the contract's Audit Trail (it is possible to undo or cancel past events)

    Continuous monitoring:

  • Measures the proximity of events
  • Generates alerts
  • Knows when a condition is met
  • Records precise information on the circumstances surrounding events and details their consequences

    Notifications: users can receive alerts and send notification messages to clients, counterparties or colleagues upon the occurrence of lifecycle events or when certain product or portfolio metrics are reached. It is possible to manage events for a selection of contracts in the contract manager page.

    Audit: lifecycle events that have been managed are recorded in the audit trail of each product and one can view the state of a contract at any point in time, such as for audit purposes or reconciliation of cash flows with counterparties. Even if fixings at a certain date are usually treated globally, they can also be different on a contract by contract level for example in the case where different calculating agents would achieve different results.

    Different pages and reports are available for users to inspect the lifecycle of contracts (figures 1 and 2 are possible examples).

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    Figure 1: Event reports are available for the lifecycle management of all contracts

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    Figure 2: Example of a report on specific events with probabilities