PRODUCTS

Services

The major system features are summarized below.

Provides tracking of both gross quantity and quantity contained.
Allows entry of hedge ratio required for several agricultural commodities
Allows unpriced contracts with multiple (partial) pricings; recalculates the weighted contract price after each pricing.
Provides automatic pricing of unpriced contracts based on monthly (or other Time period) averages.
Supports multiple warehouses for inventory for each commodity location.
Allows inventory to be pledged to a bank with full reporting - collateral movement reports and collateralized inventory report.
Provides reporting of physicals contracts in a standard unit of measure; each commodity may have different standard unit if necessary.

Allows entry of either exchange traded or over-the-counter options.
Allows valuation based on either fair value of premium or mark-to-market against closing premium values.
Allows premium recognition at trade date, at liquidation, or pro-rata over life of option.
Provides separate reporting of options positions.
Provides delta hedge reporting.

Values futures contracts against market quotes which may be entered or imported.
Allows interpolation/extrapolation of market prices using quoted value date.
Calculates 'fair value' premium on options using Black-Scholes model.
Allows valuation based on market premium quotes or fair-value premiums.
Allows definition of physicals market price as a premium or discount to an established futures market price with a corresponding value/delivery date; the premium or discount may be a fixed amount, a percentage, or both.
Calculates the premium risk on unpriced contracts, as well as on the unpriced portion of partially priced contracts.
Provides valuation of liquidated but unpriced contracts in the event of liquidation prior to actual price finalization.

Allows multiple (partial) liquidations of a contract.
Provides automatic close-outs of offsetting futures within broker on FIFO basis.
Allows automatic close-outs of offsetting LME futures between brokers using settlement prices.
Allows provisional invoices; upon the finalization the system will automatically back out the provisional invoice and process the final invoice.
Allows reversal of a liquidation with full audit trail and reestablishment of open positions and/or inventory.
Provides facility to receive from or deliver to exchange where appropriate (warrant receipt or delivery).
Allows liquidation prior to pricing with ongoing mark-to-market valuations and monitoring until priced and finalized.
Allows delivery of product by going short inventory with appropriate reporting and valuation.

Supports multiple reporting companies, markets, commodities, currencies, and units.
Allows markets, commodity, currency and units codes to be defined by the user.
Provides full inquiry and full error correction/adjustment capability.
Provides full editing of all input fields and provides default values to speed the data entry process.
Provides the ability to view all codes available when codes are required during data entry.
Provides four standard security levels, each password protected; additional levels or restrictions may be added.

Provides integrated multi-currency counterparty ledger (accounts receivable and accounts payable).
Allows user-defined aging categories for the accounts receivable aging report.
Allows entry of non-trading exposures for inclusion on the credit limit report.
Allows entry on non-trading payments/receipts for inclusion on the cash flow projection report.
Generates standard summary journal entries which summarize trading activity for most automated general ledgers.
Allows entry of general ledger account numbers to be used in journal entries.
Allows accounting periods to remain open (for late cash posting, for example), and then closed as the journal entries are created.

Allows modification of screen labels, prompts and default values.
Provides ability to 'filter' reports to include only selected records.
Provides ability to add additional codes and contracts through use of user-controller parameter tables.

Provides forty hours of assistance with installation of the system on your computer, training of your staff, assisting with planning system implementation and security , and report customization. (Additional support is available.)
Provides telephone support and updates to program and documentation through an annual maintenance agreement.