TwoFour has announced that margin processing and collateral tracking has been added to its global, 24 x 7, FX, treasury and cash management processing solution. The TwoFour system monitors real-time exposure against margin including haircuts and risk factors.
TwoFour’s customizable margin capability allows margin profiles to be configured based on financial product, tenor, currency or currency pair, and by customer or a group of customers. Margin can be checked for FX spot, forward, and swaps, as well as for vanilla and exotic OTC FX options. Pre-trade modeling can be initiated from TwoFour entry screens or by interfacing external activity into TwoFour. Exposures are calculated and checked at deal entry, in blotters, and in reports, and can be viewed in an intuitive search screen.