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Product
SLIB Clearing & Risk Management Suite
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Tags: Clearing, global clearer
Overview
OVERVIEW
With its clearing offer, SLIB aims to provide institutions managing a Cash and/or a Derivative Clearing activity with efficient, comprehensive solutions, interacting with many CCPs. Should you be Global Clearing Member (GCM) or Individual Clearing Member (ICM), the SLIB Clearing & Risk Management Suite answers your needs.
The Clearing & Risk Management Suite includes a set of products particularly suited to the requirements of the following lines of businesses: Clearers (GCM’s and/or ICM’s).
The SLIB Clearing & Risk Management Suite facilitates the following business processes:
- Clearing Management
- Clearing Positions Management
- Clearing Risk Management
KEY BENEFITS
- Monitoring of information from LCH.Clearnet SA Cash & Derivatives Clearing Systems: LCH.Clearnet SA Cash & Derivatives Clearing Systems reference systems, trades, positions clearing, suspense accounts
- Real-time monitoring of positions at several segregation levels: Position Accounts, Performance Bond Accounts, Delivery Accounts
- Provision of a Risk federating tool covering the main European markets
- Native integration of several market models for risk calculation, including SPAN and ERA
- Automated margin call processes
COMPONENTS
The SLIB Clearing & Risk Management Suite consists of 3 components which you can pick and choose according to your individual needs:
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SLIB CMS
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SLIB CMS (Clearing Management System) a flow management and consultation tool for clearing activities that provides interactive management of the real time clearing session:
- Monitoring of information provides by the CCPs : reference data and trades
- Real-time monitoring of positions on the accounts
- Clearing actions on trades and positions
SLIB CMS also provides an automatic device that enables transmission of clearing actions to various CCPs on the basis of instructions from another system such as SLIB Posting or any other external system. SLIB CMS feeds in real time feed the SLIB Position Management System.
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SLIB CRMS
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SLIB CRMS (Clearing Risk Management System) is an innovative tool that addresses these issues at several levels. It helps you calculate margin requirement and margin calls on your clients in all the principal CCPs in Europe. It enables you to monitor the intraday risks of your clients, be they broker/dealers or institutional clients. It allows you to reconcile your own CCP margins as well as to monitor your exposure in any CCP. Moreover, it offers you a global multi-market view of your risks via risk aggregation and cross-margining. |
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SLIB Position Management System
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SLIB Position Management System is a position management and consultation tool for clearing activities that provides real time management of positions at different levels of aggregation: Position Accounts, Performance Bond Accounts, Delivery Accounts. SLIB Position Management System also supports:
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Real time supply of SLIB Matching, SLIB module designed for client / market matching
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Real time update of SLIB Settlement, SLIB module for payment against delivery
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Market accounting
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Corporate actions on movements
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Preparation of pro forma settlement balances between D and D+2
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Settlement preparation processing and difference accounting
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