Banks

The Hyper Rig™ Bank Risk Management Software supports financial futures, forwards, options, swaps, swaptions, cap-floor, interest rates and FX trade types. It supports spots and forex swaps, vanilla and exotic options, interest rate derivatives and structured products.

New trade types and commodities can be easily added by the user without any program change.

Highlight of Hyper Rig™:

Data Management
Trading organizations have multiple trading and price management IT systems that feed trades and prices to other downstream systems. The problem is that this data eco-system typically runs on a fragile patchwork of shell scripts, database scripts, integration middleware, Excel sheets and just about everything else. The result is failed overnight runs, severely delayed and still flawed reports and an organization that puts most of its focus on getting its business support tools to work instead of running its business. Here is how Hyper Rig cuts through the costs and the complexity.

Front Office
The Hyper Rig front office component runs from inside a trader’s own excel sheet. It provides a fast trade capture and a complete picture of market exposure. It enables front office to monitor risk and trading process in real time. It gives traders the information to they need to act smartly, quickly.

Middle Office
The Hyper Rig middle office provides real time risk and position calculation and a robust and flexible reporting module. With 100% failover capability it never fails the users.

Back Office
The Hyper Rig back office manager monitors daily activity in real time and can create business work flow processes to exactly match your business processes. Hyper Rig makes it possible to run back office as you wish rather than as system dictates.

Risk Management
The Hyper Rig risk manager performs Historical VaR, Parametric VaR, Monte Carlo VaR, Incremental VaR, What if scenarios, Curve transformation and shifts, back testing, Scenario based VaR. It can compare several scenarios at once and produces reports in myriad ways. Third party analytics such as Numerix or your own library can be linked.

User Management
Hyper Rig has a centralized user management module with single sign on /windows authentication and allows user details management.