Anvil Software alerts traders to credit limits

Anvil Software alerts traders to credit limits

London-based Anvil Software has introduced real-time credit checking functionality into its repo and securities finance trading system (Arts).

The real-time credit updates will enable traders to perform 'what if' analysis to find out if a trade would break any limits if executed; let traders and the credit department know when a credit limit is exceeded as soon as a trade is entered; and produce a full audit report, tracking exceeded credit limits.

Malcolm Clark, Director and Strategist at Anvil says: "Arts handles portfolio trades, such as money fill repos or basket securities lending trades: the credit exposure of each piece is summed to give a single exposure for the portfolio trade.”

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