Si CSA / Si GMRA / Si GPT

 

Optional modules Si CSA / Si GMRA / Si GPT are the perfect complement to the Si ColMa suite for collateral management. 

Si CSA provides daily check of all events (valuation date, margin call, etc.) belonging to Credit Support Annex and functionalities to manage margining, collaterals and exposure.
Si GMRA allows daily management of collateral and of all events (exposure, margin call, etc.) related to the General Market Repurchase Agreement, ensuring proper margin calculation.
Si GPT fosters the daily management of operations related to Securities Lending according to General Market Securities Lending Agreement and effectively monitors the related collaterals.

 Main Features

• Modular management of the various types of contracts and integration in Si ColMa
• Si CSA:

o Management of CSA general data: contract data, market counterparty, time constraints, digital copy of the contract
o Acquisition of data from the derivative contracts that form the CSA exposure and comparison between exposure and values reported by counterparties, to facilitate management of potential dispute
o Automated claim documentation

• Si GMRA:

o Upload of contract data in either GMRA 2000 and GMRA 2011 version
o Upload of trade and prices in accordance with contract clauses
o Margin calculation in accordance with contract clauses
o Management of collateral equity and equity annex

• Si GPT:

o Position opening/closing/extinguishing and management of forms to counterparties
o Margin Maintenance either "on Aggregate Basis" and "on Loan by Loan Basis"
o Upload of margins for comparisons with internal calculations
o Shared portfolios, internal deals, external portfolios
o Computing and accounting of fees and rebates
o Collateral Equity / Bond or Cash management on the basis of the provisions in GMSLA contracts

Advantages

• Contract management is very easy
• Operational risk is reduced
• Calculations and events are stored in historical archives
• Centralized monitor of collateral status and events (monitoring dashboard)
• Ease of use and high reliability
• Possible integration with any other application, on any platform.
• Modules can be distributed to client offices thanks to the web-based architecture, even in multi-institute perspective
• Highly parametric environment (menus, functions, etc.)
• Management of internal and external security.