SS&C Technologies (Nasdaq:SSNC), a global provider of investment and financial software-enabled services and software, today announced it has released the latest version of Debt of Derivativesâ¢ (D&D), a specialized middle and back office solution for swaps, swaptions, credit default swaps, total return and mortgage swaps, caps/floors/collars, FRAs, issued interest-bearing and discounted debt, FX spots/forwards/options, futures, equity and variance swaps, and equity index options.
Debt & Derivatives is certified on SQL ServerÂ® 2008 and Windows 7 from MicrosoftÂ®, providing unsurpassed performance and potential for growth to SS&C's clients. The new version is poised to address new data and reporting requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act once rules are finalized including the transition of OTC derivatives to a clearing house model and new margin calculation methodologies.
"With each release, we strive to enhance the functionality of our D&D software and provide significantly increased performance for our clients, while handling increasingly higher processing volumes and complexity," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "Today, Debt & Derivatives delivers daily processing and comprehensive management of high volumes of derivative transactions for our hedge, institutional, and asset management clients in North America, Europe and Asia."
Debt & Derivatives provides full life-cycle management for complex derivative structures including market valuation, risk reporting, confirm and legal documentation tracking, cash, margin and accounting processing. Independent market valuation utilizes industry standard models incorporating zero curve construction and volatility surfaces and models for option valuation.