Fidessa LatentZero, a provider of front-office solutions to the buy-side, has further expanded derivative instrument coverage in the Capstone suite of solutions.
Fidessa LatentZero, a provider of front-office solutions to the buy-side, has further expanded derivative instrument coverage in the Capstone suite of solutions.
Capstone now handles nearly 30 different types of derivative contracts, having added equity OTC derivatives to its existing range of fixed income and FX contract types.
As a result of the recent developments, users of Capstone can now model and manage OTC equity options, equity swaps, total return equity swaps and dynamic equity baskets alongside more traditional asset classes in a single integrated environment. This offers users greater choice and flexibility over the strategies they use.
Together with the existing exchange-traded functionality in Capstone Minerva, Fidessa LatentZero's order and execution management system, the latest developments in OTC derivatives gives Capstone users complete coverage of fixed income, foreign exchange, equities, commodities and commodity indices.
Derivatives users can choose from a number of derivatives pricing sources. Derivatives are tightly integrated with Sentinel, Fidessa LatentZero's pre-and post-trade compliance solution, to aid compliance with Ucits III and other relevant regulations. Users can also drill down into their exposures, which are displayed in Tesseract, Capstone's portfolio modelling and decision support tool, to enhance counterparty and credit risk management.
Peter John, derivatives product manager at Fidessa LatentZero, says: 'We have worked very closely with our clients to enhance our derivatives trading capabilities and give them the greatest possible coverage across all asset classes, currencies and strategies. Derivatives are integrated across our entire product suite, and, in particular, closer integration with Tesseract and our compliance engine Sentinel have enhanced their functionality even further.'
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