HOUSTON--(BUSINESS WIRE)--TPG Software, a global provider of investment accounting software and services, today announced it has enhanced its suite of front-to-back solutions for derivatives, debt, and investments through the addition of an interface to streamline clearing of derivative transactions.
Built using Microsoft SQL Server® 2008, this new bi-directional interface (in FIXML or FpML formats) combines data from LCH.Clearnet or CME Group into a single feed to be used with the Derivative Genius System®, Trader®, and Risk Management® modules. The interface, which follows the implementation guide for CME-cleared trades, provides you the tools to get real-time clearing trade data for derivatives (including interest rate swaps) and fixed income instruments.
In addition, TPG products support parameter-driven margin calculations for futures and options based on limits provided by exchanges as well as straight-through processing, trade management, pricing, risk management, documentation and life-cycle accounting for complex structures.
"With this additional capability, our system will lessen the impact of Dodd-Frank regulatory reform on the bank, as well as provide it with the tools to improve its profitability. All while offering the very best value in today’s difficult business environment," said Slavek Rotkiewicz, Chairman and President of TPG Software, Inc. "Derivative Genius delivers flexible processing and comprehensive compliance management of transactions for our institutional asset management clients in North America, Latin America and Asia."
About TPG Software, Inc.
TPG Software is a leading software solutions provider for institutional investors including banks, thrifts, credit unions, REITs and broker/dealers throughout the US, Canada, and Puerto Rico. For more information, visit TPG’s website at www.tpgsoftware.com.