22 July 2018
Visit www.gemalto.com

Watson Wheatley ships total equity module for dreivatives reconciliation

12 March 2015  |  1624 views  |  0 Source: Watson Wheatley

Watson Wheatley Financial Systems (WWFS) have released a Total Equity Module for Derivatives Reconciliation as part of their i-Recs platform.

The module allows precise matching of any margin traded instrument, its unique methodology solving the book cost differences that occur on derivative instruments.

This Total Equity approach leverages Watson Wheatley’s deep understanding of buy-side firms and derivatives trading with the underlying accounting functionality within the i-Recs system. Using reverse portfolio accounting i-Recs has the ability to fully integrate the reconciliation of trades, positions, cash, P&L and cash balances.

“Our Total Equity solution is unique and again sets i-Recs apart from our competitors” commented Director Duncan Wheatley. “This solution is a ‘must-have’ for firms who are or plan to trade even moderate volumes of derivatives and want to tie their cash out to the penny. We regularly talk to funds who have control of their trade and position reconciliation but cannot track the cash flows on margin accounts. Total Equity reconciliation solves this at an affordable level with a light implementation and no up-front license costs”.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit iliad-solutions.com/Visit https://secure.vasco.comVisit http://go.jumio.com/finextraAd

Who is commenting?

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
13858 views comments | 7 tweets | 8 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
11473 views comments | 9 tweets | 17 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
10245 views 19 comments | 15 tweets | 30 linkedin
IBM to test dollar-pegged 'stablecoin'IBM to test dollar-pegged 'stablecoin'
7634 views comments | 4 tweets | 14 linkedin
Bringing about new systems and faster payments globallyBringing about new systems and faster paym...
7498 views comments | 2 tweets | 7 linkedin

Featured job

Find your next job