Due date management for structured bonds and OTC derivatives
Structured bonds and OTC derivatives have been receiving more attention due to their high yields and flexibility to be arranged products. Financial institutions need to swiftly respond to new products, while they carry a major operational burden to manage due date by checking each qualification of optional conditions, adjusting holidays of different markets and executing detailed calculations. VOLCS can quickly respond to new products and reduce financial institutions’ operational burden.
The importance of cash management has been increasing due to the shorten settlement cycle, Bank of Japan’s policy change, diversification and globalization of corporate activities as well as changes of settlement system and regulations. There are various challenges for financial institutions to upgrade their cash management process, including collection of scattered data, depersonalization of money reception/payment predetermination information, and risk of manual operation. VOLCS centrally manages scattered data, ensuring swift and accurate cash settlement.
Foreign exchange management
Foreign currency series securities with foreign exchange transactions can be profitable both for investors and broker dealers. These transactions present challenges such as management of various currencies, collection of scattered data, depersonalization of predetermination information, and risk of manual operation. In addition, there is a wide range of products and management styles, which vary depending on broker dealers, demanding financial institutions to flexibly adjust accordingly. VOLCS can respond to each broker dealer’s framework, decreasing the operational burden of foreign exchange transactions.
Financial institutions and other enterprise who wish to reduce operational risk, increase operational efficiency, and increase trading volume.
||VOLCS has been named "Best New Post-Trade Solution" by FTF News Technology Innovation Awards 2017, as part of the publication's 2017 Institutional Trading Awards. more
||VOLCS has been named "Best Utilities Technology" by Fund Technology and Wall street letter, as part of the publication's 2017 Institutional Trading Awards. more