FIDESSA LATENTZERO EXPANDS CAPSTONE’S DERIVATIVES COVERAGE

Posted June 8, 2009

LONDON – Buy-side front-office solutions provider Fidessa LatentZero has expanded coverage of derivative instruments in its Capstone solutions suite, to a total of 30 different types of derivatives contracts. Fidessa has added equity OTC derivatives to Capstone’s existing range of fixed-income and foreign-exchange contract types.

“We have worked very closely with our clients to enhance our derivatives trading capabilities and give them the greatest possible coverage across all asset classes, currencies and strategies,” says Peter John, Derivatives Product Manager at Fidessa LatentZero. “Derivatives are integrated across our entire product suite, and, in particular, closer integration with Tesseract and our compliance engine Sentinel have enhanced their functionality even further. We will continue to enhance the product in response to client demand and support new asset classes as they hit the market.”

Capstone users can now model and manage OTC equity options, equity swaps, total return equity swaps and dynamic equity baskets alongside more traditional asset classes in a single integrated environment. This offers users greater choice and flexibility over the strategies they use, including 130/30s which can be traded using dynamic equity baskets.

Derivatives users can choose from a number of derivatives pricing sources. Derivatives are tightly integrated with Sentinel, Fidessa LatentZero’s pre-and post-trade compliance solution, to aid compliance with UCITS III and other relevant regulations. Users can also drill down into their exposures, which are displayed in Tesseract, Capstone’s portfolio modeling and decision support tool, to enhance counterparty and credit risk management.