SunGard Securities Processing has unveiled its Margin Advisor software that delivers real-time margin information on equities, fixed income and listed derivatives.
Margin Advisor continually analyses margin account status and instantly generates alerts and events for automating resolution processing, enabling broker-dealers and futures commission merchants to handle same-day position and market changes, says the vendor.
SunGard says the software supports margin rules from all of the major exchanges worldwide, monitors all margin activity and position price changes in real-time and can alert margin operations to problems at the point of origin, before analysing the effect on all margin accounts.
Mike Nemerowski, senior vice president, strategic planning, SunGard Securities Processing, says: "Margin Advisor is the first true, continuous and proactive margin solution, providing a constant stream of intra-day calculations and events with a powerful, rules-based workflow for a more proactive process."
Scheduled for release in December 2002, Margin Advisor runs on Sun's Sunä Open Net Environment (Sun One) platform and integrates with any operations processing application. The software can be deployed as an outsourced service, or hosted internally as a margining component made available to internal traders over a network or to client traders via the Internet.