EGAR NoCode Structured Products and Digital Assets
EGAR Global
EGAR NoCode Structured Products and Digital Assets allows Financial Institutions to add and manage financial products without coding, by combining the convenience of Excel with real-time data access, enterprise security tools, and client-facing tools like documents and workspaces. It includes specialized modules and integrations to help manage structures, price products, market to clients, and execute seamlessly.
It is more important than ever that businesses begin transforming their operations to become increasingly digital and agile to maintain a competitive advantage. Consumers are investing in the Structured Products and Alternative Assets (e.g., crypto), so banks must embrace the latest technological innovations.
Add new products easily
With the NoCode product template, all you need to do is specify the product’s attributes (e.g., price, volume, call or put, lot #, lot size, pool, etc.) and the system will automatically build a data model and make it accessible in your Finastra (and other) systems. Define custom lifecycles for products to secure your edge, whether it’s speed, derivatives expertise, risk practices, or anything else.
Be flexible
Alleviate risks caused by siloed execution platforms, rigid risk systems, and incomplete reporting. With EGAR NoCode SPDA, new products and pricing models are automatically available across your infrastructure, you can execute trades with a click of a button and have them booked on different platforms simultaneously. With versioning control, all trade data and pricing models will be available in Risk systems and across reports, exactly as they were when you booked the trade.
No limitations on reports and document generation
Communicate with and market to clients through any channel you prefer (email, text, BBG chat, Symphony, etc.). Reports can be generated through the integrated reporting service, your current reporting service, or Finastra’s. Documents (think term sheets) can be output into PDF, MS Office, or XML. Reports are integrated with Excel and Finastra’s reporting tools.
General information
How it works
Product templates
Build any complex product by combining pre-built templates for 20+ instruments (from equities, indices, options, to fixed income, swaps, etc.) to create custom products, add additional data fields from the library through a drag-and-drop GUI, or create entirely new products with new data fields (ledger identifier, block size, etc.).Product attributes library
EGAR can also configure product attributes library to make customizing products as easy as imagining them. The solution automatically creates storage for new fields in the database, builds a data model so everything interacts properly, and publishes your new product on your platform (by generating an API) so it can be accessed anywhere in our solution or Finastra’s. EGAR can also integrate with 3rd party “structure” providers that create structured notes and resell those structures to organizations like yours that book risk.Valuation
The EGAR solution supports many pricing models and calculation methods (Monte Carlo, Closed Form, Finite Difference) for securities and derivatives and comes integrated with Quantlib as well as your Finastra pricing model library. You can edit existing models or add new models in any language (Python, C++, groovy, Mathlab, etc.). EGAR will integrate any other 3rd party pricing solution you currently use (e.g., Numerix). Since the system automatically publishes an API for every model, you can seamlessly deploy models in Excel or any other 3rd party tool you currently use.Workflow
While EGAR NoCode includes essential workflows for structured products and digital assets, every organization has different compliance (legal, trading, marketing, etc.) procedures and either EGAR or your analysts can easily build and maintain workflows that automate key aspects of your sales and execution operations.Document generation
You can import MS Office or XML files or build term sheets and other branded, attractive documents directly in the application. Simply add a dynamic field to the template and as part of your workflow, the system will generate any necessary document using that day’s latest structures, real-time market data and prices, and client specific details. These documents can be distributed manually or automatically via email, mobile app, or any other channels you use internally and with clients.Integration
While EGAR comes loaded with over 350 adaptors and connectors, and generally handles integration for you, our framework-based approach and dedicated integration tool makes integrating with additional real-time market data and any new and old tools seamless and fast. New and complex products require new and complex data, and our integration framework helps us help you beat competitors to market. Furthermore, every product template or model you add instantly gets an API so that you can access it without our solution, Finastra’s, or any other.
How it looks
User-friendly GUI
Generate and define system objects such as data fields, so that you can build templates for which the platform will build a data model and publish a web service API to interface with this template. Show lessTask management
Create tasks and assign them to your users who get notified and can visualize the status and progress in a dedicated dashboard. Show lessAutomate document generation
Use the form generator to create document templates. By adding a “generate document” step at any time in your workflow, this document filled with information from the previous steps will be automatically distributed. Show less
