Decision Software Trading System (DSTS) is a proven solution for supporting the financing and matched-book trading requirements of major fixed income trading desks. DSTS’s real-time multi-currency functionality allows the financing desk to monitor and make efficient use of a firm’s available collateral and funds.

Repos

DSTS is a real-time, multi-entity, user configurable, global position/inventory management system.

Fast Trade Entry with defaults based on product.

Straight Through Processing automatically transmits trades to middle/back offices.

Highly Scalable architecture capable of supporting global installations.

Available Collateral is monitored in real-time by individual desk or consolidated across the firm.

Collateral Market Value is updated in real-time.

Funding Requirements are monitored in real-time by currency, business unit, or the entire firm.

Counterparty Exposure is assessed in real-time.

Specials may be monitored and financed separately from other securities positions.

Customer Profile of desired preferences are stored in the database and automatically applied.

Projected Collateral availability may be analyzed into the future by any 10 day window for forward trade settlements.

Products Supported includes repo/reverse, buy/sell, sell/buy, fee based bonds borrowed/loaned, pledges, FX spot trades, and bank loans/deposits.

Real-time Link between the financing desk and all cash trading desks results in accurate funding/financing information across the entire firm.

Post Trade Functions include cancel, correct, call, roll, copy, rate change, re-price, collateral substitutions/additions.

Cash Flow Projections may be aggregated across the firm by currency.

Finance Monitor Screen permits each user to customize their screens with filtering and sorting.

Liquidity Gaps by currency can be identified by any user defined cash flow bucket.

Finance Activity Blotter allows trades to be sorted by multiple user defined criteria.

Ad Hoc Reports can be created on the fly and saved for later use.

Cost of Carry calculations for cash positions reflect accurate financing costs.

Cancel/Corrects are fully supported and logged for audit purposes.

Matched Book trading activity is fully supported.

Contract Maintenance includes assisted collateral assignment, substitutions, MTM, repricing, bulk or individual closings, rate changes, and interest cleanups.

Trade Types include tri-party, non-dollar, cross-currency, multi-piece, internal transfers, and receive/deliver free.

Automatic Collateral Assignment based on customer profile/trader preferences.

Specials designations are under the control of the trader and tracked independently.

Broker Commissions are based on flexible user defined tables.

Tri-Party Repos are fully supported.

Settlement Instructions by countryparty/product.

Supported Products