Features

 

Hyper Rig is feature rich trading and risk management system which can manage complex businesses operating in multiple markets, multiple currencies and under various regulatory regimes.

Hyper Rig is a powerful technical framework that includes all the middleware components pre integrated.

Hyper Rig can be installed and used straight way without a lengthy and expensive integration project gaining immediate business benefits.

Key Features

  • Business Features
    a.Hyper Rig Front office
    b.VaR Services
    c.Hyper Rig Back office
    d.Orchestration/Work flow
  • Technical Features
    a.Data Management Service
    b.ETL service
    c.Data cache service
    d.Virtual computation /Enterprise Grid Service
    e.Messaging Service
    f.Exception Management

Business Features
The business functionality sits on top of an infrastructure that includes orchestration, exceptions management and audit, messaging, integrated security, automatic failover, monitoring, load-balancing, virtual computation-grid and data quality management.

Hyper Rig Front Office
  • Familiarity and comfort of MS Excel and the power of Hyper rig in one package
  • Traders can define multiple trading books, counterparty hierarchy and set up new commodities to be traded, as well as set the default values
  • The system accepts trade-feeds in the form of spread-sheets/CSV file from exchanges such as EEX
  • Monitor the trading process in real-time

VaR Services
  • Perform Historical VaR, Parametric VaR, Monte Carlo VaR, Incremental VaR (IVaR), What-if scenarios, Curve Transformations and Shifts, Back Testing, Scenario based VaR
  • The Numerix™ Analytics library is incorporated as an optional component
  • compare several scenarios at once and produces reports in myriad ways

Hyper Rig Back Office
  • Deal verification as a two stage configurable process.
  • Tracking and archival of all trade changes with execution prices linked to market prices for “best execution”.
  • All trades and prices can be tagged with meta-data and versioning. Client trading patterns and chronologies can be constructed for “best execution” purposes.
  • Real time prices examination by price filters and price curves can be constructed on a per-user basis.
  • Reports distribution by email. Back office processes can be fully automated as part of user defined work flows.

Orchestration/ Work flow
  • User defined work flow management tool
  • Orchestrating individual components in an application workflow.


Technical Features

Data Management Service
  • Real-time data mapping, transformation, enrichment and standardization
  • Unified data view presentation capability from multiple schemas
  • Customized data views for individual users or user groups
  • Data assembly sub-system for aggregation/disaggregation of data
  • Multiple source types, e.g. RDBMS, Spreadsheet, Flat-file, memory cache, etc.
  • Data versioning, date/time versioning, tagging by field identifier or user-defined label.
  • Alerts and messages sending capability

ETL Service
  • Maintain the risk view of data in real time
  • Automatically update the unified risk data view
  • Aggregate and dis-aggregate trades into positions and cask flow buckets

Data Cache Service
  • Create an in-memory cache for trades, pries and reference data.
  • Using advanced technology from GigaSpaces, perform complex revaluation scenarios at very fast speed

Virtual Computation/Enterprise Grid Services
  • Configurable compute grids provide linear scalability, reliability and very high performance at low cost

Messaging Service
  • Unique bipolar binary XML transmission
  • Large data volumes are handled with very low latency

Exception Management
  • 100% fail-over capability
  • Alert messages generated to user defined specs
  • Exception call back based on exception code
  • Exception callback workflow can be defined