Advanced Margining
Margining has become increasingly crucial for managing risk in the FX industry. As FX margining volumes and product complexity continue to increase, retail and institutional FX brokers must properly monitor and control exposures associated with their customers’ positions, enhance the use of collateral and the revaluation of assets, and increase transparency with regulators and investors.
Sierra provides an advanced margining solution for monitoring client and house positions, client orders and risk breakdown. It provides real-time margin and revaluation calculations in a centralized workspace for improved monitoring by brokers and clients. Developed to specifically handle the needs of collateralized trading and customer management, Sierra provides access to numerous execution channels and support for complex products and multiple forms of collateral.
Sierra's advanced margining also provides connectivity to front-end and back-office systems to provide enhanced visibility to a wider pool of liquidity and straight-through processing.
The solution also offers:
- Sophisticated cross-margining capabilities
- Connectivity to external pricing models, risk platform, or collateral systems
- Complex and various netting and margining methods
- Real-time reporting, rate alerts, and client monitoring
- Flexibility to define layers of risk profiles based on product or currency
- Configurable settings by customer group, single customer, and customer sub-account