Is Findur Ready to Model SOFR Swap Trades?

Many in the community are starting to look at the phaseout of LIBOR and move to alternative reference rates such as SOFR. There is still a lot of uncertainty about how the transition will be managed, and participants are growing increasingly concerned about the outlook. In this paper, we look at one small, but important, part of the plan: Findur’s ability to handle SOFR payment calculations.

Bespoke Tranche CDO Calibration

In this paper we describe a calibration routine created to price complex bespoke tranche CDOs using liquidly-traded tranche CDOs. We demonstrate the use of a mapping technique called tranche loss proportion that is used to identify the equivalent risk of the standard tranche’s annex.

Trade Snapshots: When To Use Them and Downstream Consequences

A trade snapshot in Findur is an archived version of a trade that preserves its state.

Saving your first trade snapshot is easy. Knowing how to reroute downstream processes to use trade snapshots is a lot more difficult.

User defined sim results, reports, extracts and accounting need to be snapshot-aware. Openlink has no out-of-the-box content for taking, managing or using trade snapshots. Long-term, you will also need to keep an eye on database growth and performance.

How Modern Development Practices are Transforming Enterprise Software Delivery

Modern project management methodology and development techniques are able to mitigate the concern that business leaders have when they find it necessary to extend enterprise software functionality, or integrate an enterprise application with a new platform to handle niche functionality.

In this paper, we describe no technology, technique or pattern that is bleeding-edge, or in any way controversial.