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Fact sheet CHARM

Clarus Financial Technology
Clarus Financial Technology

CHARM is a risk management platform that can accept or reject trades within 10 milliseconds to provide certainty of clearing for futures commission merchants (FCMs). It monitors intraday risk and margin requirements in real-time to help FCMs efficiently utilize client collateral and adjust prices based on changes to portfolio risk. CHARM integrates with central clearing parties, trading platforms and other systems through APIs and can be installed in-house or as a software-as-a-service to manage risk without high hardware costs.

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2 1 CHARM Regulators want instant acceptance for Clearing Certainty CCPs are required to accept/reject within 10 seconds FCMs need much faster times for SEFs & Hubs Our times are within 10 milliseconds Client Clearing 2013 Features High Performance 10 Millisecond Check Client Accounts House Accounts Pricing Libraries OTC Derivatives Listed Derivatives Incremental Risk Initial Margin Stress Scenarios Delta, Gamma Notional Technology APIs to integrate In-house install on Commodity hardware Software-as-a-Service Why CHARM? FCMs need to provide their Clients with Certainty of Clearing. You need to connect to CCPs, Hubs or SEFs. This exposes FCMs to the intraday risk that Margin held is not sufficient. You need to provide your clients with Certainty of Clearing and efficient use of their collateral. Trading on SEFs means this risk can change sub-second. You need to monitor intra-day risk of client activity in real-time. FCMs need real-time monitoring of limits to accept or reject trades. You need to accept or reject, client orders/trades as quickly as possible. Clients expect their collateral to be utilized efficiently by use of portfolio margin limits. You need to use true portfolio risk measures to know the impact on the client margin held. House Clearing You dont want hardware costs to consume your entire budget. Bid/Offers should be adjusted for the cost of margin. This requires calculating the impact of an order on our existing portfolio margin. And doing this sub-second. CLARUS FINANCIAL TECHNOLOGY is a Limited Company Registered in England and Wales: No 07979557 You need your prices to adjust in real-time for the increase or decrease in funding cost of collateral. You need your prices to adjust with trading activity in real-time. EMAIL info@clarusft.com WEB www.clarusft.com

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Fact sheet CHARM

  • 1. 2 1 CHARM Regulators want instant acceptance for Clearing Certainty CCPs are required to accept/reject within 10 seconds FCMs need much faster times for SEFs & Hubs Our times are within 10 milliseconds Client Clearing 2013 Features High Performance 10 Millisecond Check Client Accounts House Accounts Pricing Libraries OTC Derivatives Listed Derivatives Incremental Risk Initial Margin Stress Scenarios Delta, Gamma Notional Technology APIs to integrate In-house install on Commodity hardware Software-as-a-Service Why CHARM? FCMs need to provide their Clients with Certainty of Clearing. You need to connect to CCPs, Hubs or SEFs. This exposes FCMs to the intraday risk that Margin held is not sufficient. You need to provide your clients with Certainty of Clearing and efficient use of their collateral. Trading on SEFs means this risk can change sub-second. You need to monitor intra-day risk of client activity in real-time. FCMs need real-time monitoring of limits to accept or reject trades. You need to accept or reject, client orders/trades as quickly as possible. Clients expect their collateral to be utilized efficiently by use of portfolio margin limits. You need to use true portfolio risk measures to know the impact on the client margin held. House Clearing You dont want hardware costs to consume your entire budget. Bid/Offers should be adjusted for the cost of margin. This requires calculating the impact of an order on our existing portfolio margin. And doing this sub-second. CLARUS FINANCIAL TECHNOLOGY is a Limited Company Registered in England and Wales: No 07979557 You need your prices to adjust in real-time for the increase or decrease in funding cost of collateral. You need your prices to adjust with trading activity in real-time. EMAIL info@clarusft.com WEB www.clarusft.com