DealHub is not a full-blown risk management system, but due to its unique position in the trade lifecycle where DealHub sees completed trades directly they are executed on a trading venue, DealHub is ideally positioned to make this data available to traders while the trade sits in a queue waiting to be processed by the downstream risk and trading systems.
All of today’s trades and interactions are retained in DealHub and made available in real-time to multiple DHVIEW GUI users. Later these same trades and interactions are stored in the DealHub Archive database.
DHView’s Open Position Reports can be configured for individual traders with windows showing open positions in all currency pairings and a Trade Blotter, capturing all completed trades. Management views show open positions by trader and currency pair, establishing the bank’s total open position.
Each window contains quick expansion filters to drag and drop columns for advanced data sorting. Open positions are marked to market taking rates from RMDS or other market data source.
Traditional risk and trading systems often have a number of extra accounting functions to perform on trades, and so naturally some latency is introduced before traders see updates to their positions.
During peaks of activity around economic releases or unforeseen market events, spikes in ticket numbers can mean that the bank’s true risk position is hidden within a queue of tickets waiting to be processed. Quality of Service is ideal for banks with high volumes of traffic attempting to force its way downstream into back office trading systems that are unable to cope with spikes in volume due to constraints on maximum throughput per second.
By prioritizing traffic according to key criteria including value date, deal type, ticket size, or by type including inter-bank, prime brokerage and small traffic, DealHub is able to streamline the queues to downstream back office trading systems, allowing an orderly optimized flow of tickets that uses the full capacity of the system within the maximum defined throughput limits available.
For more information on DealHub Price Distribution Solutions, click here
