Y-MAC provides a consolidated view of clientsâ portfolios across Lehman Brothersâ Prime Structured Derivatives business. The technology consolidates clientsâ positions; cash balances and fee related information and computes NAV, FX exposure and fees for every client account. The system also includes tools to manage and administer investment guidelines and immediately alerts the organisation when guidelines are approached or exceeded.
The project was undertaken in two phases, the first of which focused on the implementation of rules to manage investment guidelines. The second phase saw the implementation of Yolusâ tool for historic data analysis, the T-N Server, which provides the functionality to amend historic data and carry out retrospective NAV and fee calculations.
Robert Devayya CEO for Yolus says, âWe are delighted that our technology was chosen by Lehman Brothers and look forward to working with them in future engagements. The efforts of the IT and business professionals from both companies was key to the success of this project.â