company profile - MORS Software

MORS Software logo
Headquarters
Aleksanterinkatu 48 A, 5th Floor, Helsinki, 00100, Finland
Telephone: +358 9 6829 650
 
Company information
MORS Software provides integrated real-time treasury and risk management solutions for banks.

MORS real-time intelligence enables treasurers, liquidity risk managers, risk managers, controllers and senior management to make informed and optimised decisions in all market conditions.

MORS solutions use real-time information flows and continuous calculation modules providing more monitoring facilities, speed and on-demand flexibility for treasury and risk management. With MORS real-time solutions, banks can consolidate their positions and manage complete risk overview, optimal capital and liquidity buffer across time zones and continents. All MORS solutions offer full drill down functionality from the big picture down to every single transaction.

MORS solutions integrate seamlessly with any existing system architecture. MORS solutions can be used separately and by combining several solutions together. A wide range of functional MORS modules can easily be added at a later stage to all MORS solutions.

The MORS core solution was created in 1996. During the first years, MORS solution was exclusively developed for the needs of Svenska Handelsbanken Markets. In 2006, MORS Software started as an independent company by launching its real-time treasury and risk management solutions available for all banks.
Products and services
MORS Liquidity Manager For treasurers and liquidity managers in banks.

Offers measurement, monitoring and management of liquidity in a transparent, predictable and controlled manner in all market conditions.

MORS Liquidity Manager key functionalities:
  • Stress test tool for management and treasury for internal steering and management
  • Regulatory required standard stress tests and reporting (Liquidity Coverage Ratio, FSA 48)
  • Funding gap, Funding mismatch, Concentration risk
  • Liquidity buffer management (available and unavailable positions)
  • Monitoring cash flows on net and gross bases by (Intra-day liquidity)
  • Market movement early warning indicators and alerts
  • Off balance contingent exposure follow-up
  • Positions split to pledged and unpledged (with a link to collateral management)
  • Transparent Asset and Liability classes (Amount, Portfolio, Ccy, C-party, Country vs. Limit).
Web: More about: MORS Liquidity Manager
MORS Balance Sheet Manager For treasurers and ALM committees in banks.

Offers scenario analysis of interest rate margin changes in various future market conditions.

MORS Balance Sheet Manager key functionalities:
  • Long term liquidity and balance management tool to be added to MORS Liquidity Manager
  • Long term funding planning (including Net Stable Funding Ratio)
  • Margin analysis (Net Interest Margin):
  • Treasury report with purchase value, yield and cost by each Asset and Liability class
  • Capital allocation/Capital planning
  • Measurement of interest rate risk at various future time points for various business units
  • Estimating future margins with current position
  • Automatic rolling of maturing transactions (Roll Over Original)
  • Automatic rolling with changed transaction terms (Roll Over Special)
Web: More about: MORS Balance Sheet Manager
MORS Transfer Price Manager For treasurers, ALM committees and management in banks.

Offers mechanism and automation to pass on the cost of funding to the price of the product.

MORS Transfer Price Manager key functionalities:
  • Real-time consolidated trading book (interfaced with any deal, F/O and source system)
  • Cost of funding analysis (specified for all asset categories)
  • Cost of funding determined by using Portfolio, Counterparty, Instrument and Maturity
  • Buffer cost (with funding cost and capital cost elements included)
  • Banking book transactions for treasury analysis and funding:
  • Partially bringing transactions as they are, partially by lumping them as special instruments
  • Transactions and lumped instruments forming a shadow banking book for treasury needs
  • Automatic match funding for transactions and lumped instruments
  • Transactions and instruments via automated interfaces, some instruments input manually
  • Match funding pricing based on instrument related cost elements (liquidity premium, counterparty spread, asset class cost factor, yield curve based funding cost).
Web: More about: MORS Transfer Price Manager
MORS Treasury Front & Middle For treasury and front office for tier 2 and tier 3 banks.

Offers comprehensive treasury front office system integrating position keeping, analysis and control into one single solution.

MORS Treasury Front & Middle key functionalities:
  • Deal capture (directly in MORS or interfaced with any deal execution platforms)
  • Position keeping (all Asset and Liability classes, wide instrument coverage)
  • Measurement, monitoring, managing, limiting and reporting from one solution (Basel II)
  • From daily operations to regulatory, top management and board reporting using one solution
  • Modularised structure offering analysis and controls by the business need:
  • P/L decomposition (Curve, Spread, Ccy, Price, Cash carry, Discount carry)
  • P/L analysis by time period, by business unit, by portfolio, by counterpart, by contract
  • Risk analysis (IRR, Liquidity, Ccy and C-party i.e. for both market and credit risk)
  • Limit controls (pre-deal, real-time and after) (for internal, external and regulatory purposes)
  • Transaction extraction (for any B/O, Core banking, Accounting and G/L solutions)
Web: More about: MORS Treasury Front & Middle
MORS Trading Book For trading and sales front office for tier 1 and tier 2 banks.

Offers a real-time consolidated trading book integrating front office analysis and control into one single solution.

MORS Trading Book key functionalities:
  • Real-time consolidated trading book (interfaced with any deal, F/O and source system)
  • Consistent valuation based on one set of deal and market data
  • Automated deal and market information controls
  • Modularised structure offering analysis and controls by the business need
  • Position analysis (all Asset and Liability classes, wide instrument coverage)
  • P/L decomposition (Curve, Spread, Ccy, Price, Cash carry, Discount carry)
  • P/L analysis (by time periods, by business unit, by portfolio, by counterpart, by contract)
  • Risk analysis (IRR, Liquidity, Ccy, C-party)
  • Limit controls (pre-deal, real-time and after) (for internal, external and regulatory purposes)
  • Available also as Independent Risk Control edition.
Web: More about: MORS Trading Book
MORS Multi Site Manager For central liquidity managers, treasurers and controllers in multinational banks.

Offers a real-time view over business units, geographic locations and time zones integrating multiple MORS products into one single solution.

MORS Multi Site Manager key functionalities:
  • Connects any wanted combination of MORS solution instalments together
  • Real-time view on both consolidated total and single transaction level
  • Both for business driven and control driven usage
  • Full drill down analysis with unified instrument, counterparty and portfolio names
  • Time Machine for full analysis at any given time point, or between any time points
  • Segregated user rights
  • Over the time zones transferrable user rights for 24/7 trading and control usage.
Web: More about: MORS Multi Site Manager
MORS Alerts & Warnings For all MORS users.

Offers a real-time alerting and warning mechanism for business, control and management monitoring purposes.

MORS Alerts & Warnings key functionalities:
  • Real-time follow-up of all activities in the system on 24/7 bases
  • Saving, categorising and documenting all activities
  • Proactive alerts (always on, always alert)
  • User specific alerts by responsibility area
  • Log listings of all actions taken
  • Releases users time, from unnecessary routines to understanding the business by
  • Pointing out prioritised tasks, directing the users to concentrate on relevant issues
  • Guiding the IT and operations resources
  • Keeping the non MORS using top management informed on issues needing their attention.
Web: More about: MORS Alerts & Warnings
MORS VaR For risk management analysis in all banks.

Offers real-time Value at Risk analysis for capital, risk management, risk control and top management
monitoring purposes.

MORS VaR key functionalities:
  • Full valuation and analytics (Basel II compliant for Capital Adequacy)
  • Analytic pricing formulas
  • Sensitivity and scenario analysis
  • Monte Carlo and Historic simulation, Back testing
  • Graphics processor Cuda technology
  • Up to 100 x calculation speed compared to regular computing power
  • Real-time VaR
  • Intelligent data control
  • Checking missing points and data series
  • Volatility control of incoming data
Web: More about: MORS VaR
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