Part of the Midis Group
Pricing
fpt

FINECUS is one of the leading Financial Software Companies providing insight to managers into the financial sectors. Our aim is to accurately quantify risks, to enable managers to optimize the use of their capitals, to perform risk-return analysis while meeting regulatory requirements.

Our FINECUS Pricing Tool (fPT) is aimed to calculate accurate market rates and theoratical prices of any type of derivatives and structured products including Exotic options. Any custom made financial instrument of the client is added instantly to the system providing quick access for pricing. With fPT there is no need to be an advanced user. Any user can price a derivative instantly and with same accuracy using the software. With real-time market data, prices are automatically updated.

fPT is designed to be more than an Options Calculator. Clients can monitor their portfolio, loss-profit analysis, margins, risks and other portfolio characteristics. Combined with portfolio point of view fPT is ideal for financial institutions dealing with Options and Derivatives.

Hedging opporunities are also supported. Clients can monitor their portfolio and can find possible ways of hedging their portfolios with various options and derivatives.

Key Advantages of fPT include ;

- Broad Coverage of Derivatives including Exotics and Custom Designed Derivatives
- Risk Perspective of Derivatives
- Portfolio Point of View
- Customized Reports
- Decision Making Graphs
- Hedging Opportunities
- Drill-Downs
- Sensitivity Analysis



Features of the Software


fpt

Portfolio Monitoring Tools

All the components and individual items of the portfolio can be analyzed individually. Customized reports prepared for top management and for departments of the institution presents the outputs in various levels of detail. Groups of financial products, hedging opportunities, risky deals can be monitored.


Yield Curve and Volatility Module

Yield curve and volatility calculation and modeling is the core of our pricing solution. We currently support for some interpolation methods (linear and cubic) and some well known yield curve models such as Nelson-Siegel , McCulloch and Echols-Elliot. Also volatility methods such as Garch, GJR, EWMA and MA are supported.


Pricing Module

FINECUS Pricing Tool can calculate real-time and accurate market prices of any type of options including Exotic Options. Due to its flexible and customized structure, the software also includes any custom designed and traded product of the client. The user-friendly screens brings all the necessary market inputs automatically making it easy to use. Any user can calculate Option Prices with same ease and accuracy.


VaR Module

FINECUS Pricing Tool is able to make risk assessment of various products. When combined with FINECUS Market Risk, value at risk calculations can also be tracked. The riskiness of the product can both be calculated individually and portfolio wise. With monitoring riskiness, hedging opportunities can better be used.



Project Phases


Database Design & Creation

The most important part of a financial application its database. Our database is designed to cover all the crucial financial products and portfolio information.


Customization & Installation

We believe that no solution fits to all the customers. According to data and portfolio structure needs, FINECUS Pricing Tool is customized for each institution. Although the financial logic remains the same, some modifications have to be needed especially for reporting.


Financial Training

Our financial trainings are aimed to provide transparency and to clear all the black-boxes.


User Training

All our modules are user-friendly. Users are trained for the most critical part which is interpretation of the results and cause-effect relations. With the trainings users are able to create and interpret scenarios with more ease.


Delivery & Further Maintenance

Maintenance after delivery is at least as important as module itself. Any new financial instrument and technique is added instantly to the software.



Programming and Technical Properties


Programming Language

FINECUS Pricing tool uses Java language. The most important feature of Java is, being a object oriented language. Object orientation paradigm makes developing applications easier and enables faster customizations and updates.


Application Features

Our Pricing Tool solution is a thin-client application which means that we require no software or hardware for user's computer. All procedures and calculations are handled by the server. User accesses to the tool via intranet using a browser such as Internet Explorer.


MS Excel Entegration

All data tables in the software are fully integrated with MS Excel. Data and reports can be exported to CSV, XML and to PDF files.