Salmon Software to Launch the Salmon Treasurer SONIA System & Service at the UK ACT in Manchester on the 21st and 22nd of May 2019

16 May 2019

Salmon Software is pleased to announce the launch of our new SaaS Cloud based Salmon Treasurer - SONIA System & Service.

SONIA is a more complex structure. It doesn’t have different curves for different maturities and it incorporates daily compounding, weighted averaging, end of period setting and a 5 day lag period.
Managing this and applying it in a systematic orderly fashion to individual loans and swaps is difficult. It is also challenging to create EXCEL templates. Add in the requirement to calculate accruals on the back of this methodology, then it becomes even more challenging to record, administer, apply and manage your loan portfolio.

Salmon Software, using our Salmon Treasurer SONIA Service can do all of this for you whether you have 5 loans or 100+ loans. Our offering includes:

• Your own dedicated loans database located in the UK
• Personalised LOGIN
• Onboarding of loans and swaps – including Counterparties
• All SONIA rates
• Accruals Calculations
• Accrual values output to EXCEL for your own inhouse use
• Monthly Status Report on your Loan Book
• Dashboards

For further information, please visit our stand (112) at the UK ACT in Manchester on the 21st & 22nd of May 2019 or contact us at info@salmonsoftware.ie

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