FinIQ offers a complete web-enabled system for all of its products. It empowers banks to breeze through the end-user implementation and ensures scalability of the system. FinIQ's web enabled system not only helps banks in cutting down the setup-cost but also the time involved.
Unlike most of the Tranche based systems which lack Retail functionality and most of the flow based systems which lack Pricing analytics, the FinIQ System is an exhaustive one covering every aspect of both these types with extended features. more details >
In a falling Interest rates environment, the demand for yield enhancement products grows rapidly. With end-to-end solution offerings for various yield enhancement products, FinIQ has proven to be very valuable for Banks and enabled them to benefit from the existing market situation. more details >
List of FinIQ Product offerings and corresponding functionality. more details >
Through its improved product distribution, automated post-trade event management and various other unprecedented features, FinIQ adds a significant amount of value above the baseline. more details >
| Functionality Samples | Pre-deal, at-deal & post-deal event management automated like never done before. |
| Dealable pricing for FX & EQ | Live price for accumulators, target redemptions, basket notes, DCD, ELN, range accrual & digital linked products |
| Backsolve barrier from margin | Backsolve barrier for an accumulator for a given strike, date schedule and target margin, based on live rates |
| New product creation | Create a new product, its screens, termsheets & payout rules without requiring any software enhancements |
| Order book-building | RM refers to real-time aggregation status for all live products, so that chances of order fill can be maximised |
| DCD maturity & rollover | An exercised dual currency deposit needs to be notified to client followed by rollover pricing and capture |
| ELN after corporate action | A share was split and all associated structured products need to be redenominated |
| IR Range accrual monitor | Customer queries for MOTT status for how much interest is accrued till date |
| Barrier level & depth watch | Market too volatile, need to know which products are approaching barrier trigger levels |
| Event alerts prompter | Customer needs to view calendar of upcoming events e.g. payouts, bonuses, redemptions, resets, knockouts etc |
| Callbacks & redemptions | Need to co-ordinate customer-triggered as well as bank-triggerd pre-maturities, in the most automated way |
| Product oriented settlement | Required net settlements reflecting the true nature of the structured product as sold and not a split view based on the building blocks |
| Customer correspondence | Beyond regular confirmations & notifications, customer expects accrual calculation history and unwinding cost |
