Misys Opics Plus brings derivatives trading and processing under the standard of cross-asset processing for position management, workflow, trade confirmation accounting and settlement.

It supports a large variety of standard derivative instrument types plus the ability to support non-standard, more complex instruments through the formulaic calculation of interest and embedded options

Complex derivatives

The derivatives market is constantly changing, driven by financial institutions‘ need for more flexibility in defining new instruments and being able to bring them to market more quickly. These institutions are also driven by their need to provide controls for risk associated with these non-standard derivatives.

Misys Opics Plus supports these more complex, nonstandard, structured transactions under the control of the same standard front-to-back processing provided for vanilla instruments within Opics Plus.

Credit derivatives

Misys Opics Plus supports a full range of instruments, including credit linked notes, credit default swaps and total return swaps, whether as an entity or asset and either singularly or within a basket.

The solution also covers a full range of activities for credit derivatives - from deal pricing and capture, pre-deal credit check and confirmation of deal terms with counterparty, to exercise, settlement and accounting.