Securities Master

The Operations Platform in a typical asset manager generally consists of a handful of disparate systems that may include some accounting software, a Trade Capture or Order Management System, Risk Management Software, and even spreadsheets. All of which must be integrated with market data, prime brokers, a fund administrator, etc. Keeping the all of these systems in sync can quickly become more resource intensive than managing the portfolio data in the first place.

The Solution

NorthPoint’s Global Securities Master provides a single point of control for managing Security Reference and Pricing data. It is simple to use and has a dynamic model that allows operations staff to add securities, attributes and pricing without additional programming. A standardized workflow and auto lookups ensure data integrity between disparate systems. Data points are “aged” and reconciled against market data sources to check that values are current. Time series attributes (industry, sector, etc) are supported so that any changes can be tracked over time. Corporate actions are modeled on time horizons. Finally, access to this data is provided for integration with applications through an open architecture – including APIs, a Web Service and a caching engine for high performance.

Features

  • Supports ALL asset classes with the ability to add new asset classes and attributes on-the-fly with no additional programming
  • Ability to create and maintain static or time series attributes at Security or Issuer level
  • Ability to track multiple Curves (swap, treasury, spread) at position or security level
  • Create and track relationships between underlying securities
  • Map identifiers between different systems (including different hierarchical structures)
  • Create custom tagging and aggregations (sectors, sub strategies, etc.)
  • Track historical prices with full audit trail of sources, changes, overrides
  • Maintain multiple prices for the same security
  • Assign pricing methodology to security (Spread, Dollar, Relative, etc)
  • Integrates with real-time CDS pricing engine
  • Integrates with real-time market data pricing (BBG, Reuters, IDC)