| FENICS Professional is a suite of pricing, trading, risk management and STP (straight-through processing) components allowing customers to control, monitor and oversee every aspect of FX option trading and lifecycle management from one single interface. |
| It enables liquidity-providing banks to distribute their proprietary volatility surfaces straight into FENICS Professional, which customers can use to calculate indicative prices. |
| Using the FENICS Trader component, traders can then request a quote directly from their choice of liquidity bank and electronically execute on the response. |
- Pricing
- Multiple liquidity bank scenarios within the pricing page provide an efficient, single point of access for price discovery.
- Trading
- Request a quote directly from the pricing page, minimizing the chance of errors in the transition between price discovery and quote request. Completely electronic workflow from pricing to execution reduces errors and increases efficiency.
- Analysis & Reporting
- Manage the lifecycle of FX option and FX cash trades and run the critical reports required for front office portfolio management and decision support.
- Structuring
- Quote large and complex structures rapidly through the FENICS Structuring module. The module provides fast, secure distribution of strategies by saving definitions to the FENICS Professional database.
- Live Rates
- Traders, sales staff and risk managers can access real, independent market information for pricing and portfolio revaluations, delivered directly into FENICS Pricing.
- Security
- FENICS Security delivers data security and control of user rights throughout FENICS Professional, thereby minimizing potential operational risks.
- STP
- A single, automatic STP connection for multiple counterparties offers efficiencies and reduced operational risk. Checked trades flow directly into the FENICS Professional database automatically.
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