Experience the power of FENICS Professional TM

Transcription

1 Experience the power of Professional TM

2 The platform that set the standard in FX options is setting a new one.

3 The entire FX options lifecycle. All on one platform. For the past 23 years, we ve been listening to what our customers want and perfecting the tools they need to control, manage and oversee the entire lifecycle of FX options. Efficiently. Profitably. Confidently. Today s customer-focused innovations were developed in partnership with you. Working so closely with our customers for such a long period of time, has helped us develop and expand the scope of our products and services to provide not only the best in pricing, distribution, analytics and risk management but also the best in trading, integration and scalability. Professional tightly integrates pricing, distribution, bilateral trading and analytics to allow users to perfectly manage the entire FX options cycle through a single platform. Sales and traders can work more efficiently, sharing information and insight across regional offices and with their customers.

4 A platform that works like you do. Professional enables different customers to tailor trades to their needs, enriching the user experience and enhancing relationships. GFI Group s emphasis on technology translates into the highest quality of FX options pricing, depth and coverage of support, continuous product and systems upgrades and system stability. The unique combination of expertise in trading, pricing and analytics, a deep understanding of customers needs and a strong emphasis on technology is redefining productivity and efficiency. Professional empowers you to: React quickly to market changes & quote competitive prices for a range of options. Distribute volatility surfaces, prices and structures across regional offices and directly to clients. Price a range of exotic options with cutting edge mathematical models. Access multiple sources of liquidity on a single platform. Integrate proprietary market data.

5 GFI. A steady partner in a dynamic world. Today s FX options markets are more dynamic and unpredictable than ever before. Success requires a reliable firm with expertise, a proven track record and a suite of first-class technologies to control, manage and oversee the entire lifecycle of FX options. Hundreds of traders and sales professionals have selected GFI as their preferred pricing and risk management partner. Professional combines the ability to price, trade bilaterally and analyse on one single platform. The Professional package enhances our pricing and risk management capability & also helps our real-time analysis for both vanilla and exotic options. Alfred Yeung, Chairman, Glory Sky Group

6 Tailored solutions for diverse participants Front offi ce Sales A complete sales solution in one platform. Quote accurately and directly with traderbacked prices. Electronically RFQ (request for quote) from a trader. Generate term sheets at the push of a button. Design and save bespoke structures. Traders Request a quote directly from your choice of liquidity bank and electronically execute on the response. Access multiple liquidity bank surfaces within the pricing page. Integrate proprietary market data. Pricing, analysis, bilateral trading, risk management and STP: manage the entire FX options lifecycle from one platform. Structurers Quote large and complex structures rapidly. Quickly build and manipulate structures with over 500 legs. Distribute custom strategies whilst maintaining control over definitions and protecting strategy integrity.

7 Middle office Market Risk Managers Full lifecycle management of FX options trades. Run critical reports required for portfolio management and decision support. Customize reports quickly and easily for an instant overview of risk profiles. Run reports on actual and hypothetical positions. Calculate exposure to changing exchange rates, interest rates, time and volatility. Operational Risk Managers Greatly reduce risk associated with manual processes used to manage the flow of trades between systems and departments. STP (straight-through processing) to most third party and proprietary back-end systems. Full integration of proprietary maths models. Links to third party bank e-commerce systems. Client facing provides us with the tools required for fast and accurate price discovery which is critical for success when trading in the interbank market Kurt vom Scheidt, Director, COO-Options, Saxo Bank Retail/Customers Bespoke e-commerce solutions for use in retail branches and direct to customers. Flexible solutions to meet a bank s requirements. A full range of solutions, such as distribution of a single structure (e.g. Dual Currency Investment), to a full white labelled version of Pricing.

8 Pricing, quotes, bilateral trading & STP. All from a single platform. Pricing Trader Exotics Sales Professional is a suite of components which work together to allow customers to control, monitor and oversee every aspect of FX option trading and lifecycle management from one single platform. Delivers the necessary tools required for fast and accurate price discovery. Price vanilla options on live market volatility. User-friendly pricing of multi-legged options and multi-currency option strategies. Transparent maths models. Independent market data. Calculate indicative prices based on liquidity-providing banks proprietary volatility surfaces. Multiple liquidity bank surfaces within the pricing page. Request quotes from preferred liquidity bank directly from the pricing page. Electronic workflow, from price discovery to bilateral execution. Single automatic STP connection for multiple counterparties. A powerful collection of models that can be used to price a number of major exotic instruments. Powered by two math methodologies: dvega and Monte Carlo with term structure. Tailored to work the way a market practitioner would expect to use them in FX markets. Attention is paid to producing both an accurate price and also to producing a tradable bid/ask spread that can be immediately quoted, without requiring manual intervention. The independence to quote accurately and directly with traderbacked prices. Use formulas, functions and custom fields to define new structures and schemes. Fast, secure distribution of strategies by saving definitions to the Professional database. Automated interaction between sales and sales trader or trader to ascertain a tradable price. Create term sheets to send directly to the customer. pricing page Trader

9 Portfolio Enterprise APIs GFI Market Data Manage the lifecycle of both FX option and FX cash trades and run the critical reports required for front office portfolio management, risk management and decision support. Make informed decisions prior to trading Create instant, customized reports Create an infinite number of new option types A suite of server components, which leverage a client s existing infrastructure to deliver a variety of bespoke, missioncritical, enterprisewide solutions. Supports the distribution of prices across the organisation. Uses business logic and APIs to customize to a client s requirements Application Program Interfaces (APIs) enable the platform to be integrated within the client s trading environment and tailored to specific front, middle and back office needs. Embed proprietary maths models and option types with the Customization API. Transfer trade and market data between applications with the Market Data API. STP API provides flexibility and robustness and can be customized for integration with any open back office, middle office or risk management system. GFI Market Data provides implied volatility surfaces for FX options. Prices captured from GFI s award-winning electronic inter-dealer trading platform and voice brokerage operation. View as either streaming data, or a once a day revaluation service. Data can be licensed for integration into third party and proprietary systems to facilitate effective price discovery and risk management and to assist in the control of the lifecycle of option events. GFI Market Data includes Live Rates, which consists of GFI FX options volatility data, sourced from GFI s electronic and voice brokerage operation. Spot, swap, and depo rates are supplied by the third party vendor Tenfore. This data comes prepackaged as part of Professional. Apply additional security and business conditions with the Security API. GFI FX Blotter SM

10 Proven brokerage & technology expertise GFI is a division of GFI Group, a leading provider of wholesale brokerage services, electronic execution and trading support products for global financial markets. GFI Group Inc. provides brokerage services, market data, trading platform and analytics software products to institutional clients in markets for a range of fixed income, financial, equity and commodity instruments. Founded in 1987 and active in over 12 countries, GFI Group meets the worldwide needs of financial institutions, banks, brokers and exchanges for electronic trading platforms, commercial-grade software analytics and historical and real-time transactional data for complex financial products. GFI Group is proud of its technology expertise, having developed much of its award-winning trading technology in-house. In combination with GFI s global market experience and brokerage expertise, GFI is dedicated to providing fully integrated and highly customized technology solutions. Approximately 16%* of GFI Group s employees are technology specialists. This means Professional users can rely on a stable, robust platform, ongoing investment in product and staff development, and a proactive approach to customer service. Best Risk Management System Profit & Loss Digital Markets Awards 2010 GFI ForexMatch Best FX Options Trading Platform Profit & Loss Digital Markets Awards 2008, 2009, 2010 GFI Group s award-winning e-commerce platforms are a testament to its innovative approach to building technology. * At December 31, 2009 GFI employed 281 computer, telecommunication, network, database, client support, quality assurance and software development specialists, out of a total staff headcount of 1768.

11 Professional Services GFI Customer Service The Professional Services Implementation Group (PSIG) customizes and expands the functionality of GFI, providing value-added solutions for financial institutions. Our experienced business and implementation software analysts are available to help define the unique business and technical requirements of your organization and to tailor solutions accordingly. PSIG builds on GFI s experience in innovating and deploying new technologies in complex financial markets. Business analysts work closely with clients business and technology staff to identify how GFI can be used to integrate and/or enhance business processes and improve operations. Day to day GFI support is provided to our global customer base 24/5 by an experienced team of foreign exchange support executives. Through a precise selection process and rigorous training, GFI have built a solid global team, who possess in-depth knowledge of the product and are experienced in supporting missioncritical solutions. We highly value Professional for its robust functionality for pricing, calculation of non-linear risks, structured pricing functionality, and market data. It is a strong tool to support dealers portfolio management Mr. Doron Levy, Dealing Room Manager, Mizrahi Tefahot Bank of Israel

12 North America EMEA Singapore/SE Asia/South Asia Japan Hong Kong/North Asia Australia support@gfigroup.com GFI Group Inc All rights reserved. and.com are trademarks of Fenics Software Inc.