Data Cost Optimization enables firms to manage the usage and cost of data across the enterprise, reduce those costs and maximise the efficiency of their processes.
Ensure data quality using fully configurable rules and automated workflows. Out of the box tests provide templates that can be customised to align with internal data policy.
Configurable end-user dashboards give oversight on data consumption – and its cost implications – attributable to users, systems and departments.
The Xenomorph Data Catalogue provides a common schema across vendors and internal systems to enable mapping between multiple providers and eliminate duplication and reconciliation anomalies.
Enterprise Data Management
Xenomorph includes an in-built calculation engine and the ability to integrate proprietary or 3rd party models.
Our flexible data model enables us to support pricing of any asset, no matter how complex – from exotic derivatives to bespoke structured products.
Create a gold copy of all historical time series, not only pricing information but the analytical inputs into those prices – such as volatility surfaces, interest rates etc.
Cater to any requirement for timing snapshot prices, whether that be the end-of-day close on the official exchange, or an evaluated price at a precise time of day.
Supports a full choice of securities identifiers and the use of multiple identifiers to ensure there is no ambiguity when identifying the instrument you are trading.
The data model captures all of the inter-dependencies between data elements – turning data into intelligence.
Enables mastering of all key securities’ reference data, including bond schedules, expiry/maturity dates, corporate actions, covenants & conventions relevant to each security.
Our open architecture APIs and SDKs ensure a future-proof solution that can be easily adapted for the needs of today and tomorrow.
Out-of-the-box module to address Independent Price Verification requirements. Can be easily customized to match specific requirements.
Provides a complete lifecycle solution for the storage and management of structured products and their associated objects.
Market conformity checks module assesses whether trades have been executed at fair value against validated market prices.
Model integration capabilities can aggregate each additional valuation adjustment (AVA) and carry out relevant calculations to calculate prudent value.
Xenomorph provides the ability to map all available price data into respective risk factors / risk factor buckets, and to make that data available for model calibration and back-testing. Risk factors that are in danger of failing the eligibility test can be flagged to allow for remediation by sourcing committed quote via RFQ. The solution also comes with a full range of data validation workflows to ensure all real price criteria are met (for FRTB risk factor eligibility tests).
The Basel Committee’s principles for effective risk data aggregation and reporting gives a framework for industry best practice. Xenomorph handles all the required data management aspects such as capture, cleansing, validation, audit, transformation, and distribution; and its unmatched asset class coverage and innate understanding of complex business objects make it an effective and quick to implement solution for the issues raised in BCBS 239.
While MiFID focused principally on European equity markets, its sequel has a much broader remit. It threatens to have repercussions across OTC and exchange traded derivatives, fixed income securities and structured products, as well as commodities markets. With the complexity of compliance and cost of non-compliance both on the rise, Xenomorph can integrate all required sources of data, run validation processes to ensure accuracy of those sources and submit validated reports to regulators within specified timeframes.