SPHERES | A suite for Capital markets management

Our third generation of our products leans on a new framework, completely designed and developed by our teams.

Designed according to business standards handling a wide variety of vanilla and exotic instruments, and compliant with the needs of multiples actors and their market practices, the Spheres suite is fully configurable and on-site customizable and cover all trade lifecycle events through a flexible Straight through processing workflow.


Destined to all categories of participants in organized markets (ETD) and over-the-counter (OTC), this new range offers products for a specialized management


LIFECYCLE | Front to Back Processing

Provide a full management of the entire trade lifecycle with a flexible schedule of all steps.
  • Coverage: fixed income, floating-rate notes, money markets, foreign exchange, equities, derivatives...
  • Trade input: quick, full or custom manual entry,automated import, fully customizable
  • Fee & brokerage: any commission or brokerage directly calculated through standard or specific scales
  • Cash-flows: maturities, resets, premiums, interests, notionales... generated just in time and always available
  • P&L : accrued interests,depreciation, mark-to-market, variation margin
  • Confirmation: fax, email or electronic networks using ISDA, SWIFT or specific formats
  • Settlement & delivery: cash amounts and securities using FIX, SWIFT or specific formats
  • Options & provisions: automatic or manual exercise, barrier,early termination, extendible, cancellation...
  • Risk: collaterals management and initial margins calculations (intraday,end of day...)
  • Invoicing: periodic invoices (draft & final), discount, automatic credit notes, settlements...
  • Accounting: standard events report and/or final entries from the entity accounting schemes
  • Status: provide and manage multiple custom status (checking, matching, processing, ...)
  • Reports: standard and custom reports using open tool, output PDF, Excel, Text, Web, ...


CONNECTIVITY | See Pattern

EDITIONS | See daily summary report model



AUTHENTICATION & SECURITY | Users, Roles and profiles

  • Authentication: software, rdbms, active directory, LDAP
  • Roles: administrator, user, client, guest...
  • Profiles: time slots, restrictions to access menus, actions, data...


MONITORING & AUDIT | Exhaustive capabilities

  • Monitoring: controls the execution and result of each Straight through processing (Success, Warning, error, ...), raise exception and send alerts
  • Audit: tracks any change on trade or repository, including its author,hostname, time
  • Analysis: compare several versions of a trade or repository and display their difference


SYSTEM INTEGRATION | Normalized open architecture

  • Deployment: easy integration in your information system, with a high level of exchange and scalability through our Spheres I/O component or any external component
  • Input: trades, market data, repositories... for Front-to-Back and Straight through processing solution
  • Output: trades, P&L, accounting, financial reports... to feed risk management and compliances systems
  • User interface: full design or customization of windows layout and reports
  • Business: invoke Spheres business services from external system (Biztalk, Control-M, WebSpheres...)
  • Interoperability: interact with multiple web services (FlyDoc, Gateways, Market data, In-house...)
  • Data: available from open database (MS SqlServer, Oracle, ...) which can be shared with other applications and enriched if necessary


REPOSITORY | Business normalized and customizable

  • Multi-entity and accounting: unique multi-entity repository for all instruments, market data, clearing and settlement systems...
    Financial reporting and multi-accounting standards shared or specialized by entity (Local, GAAP, IFRS...)
  • Actors/Books: exhaustive management of n-level hierarchical and transversal relationships between actors to fit each organization (counterparties, correspondents, clients, brokers,traders, sales,desks, clearing houses...)trades, market data, repositories... for Front-to-Back and Straight through processing solution
  • Multilingual: adjustable management ata very fine level - user, correspondent, office, according to the adressee and the type of document sent (en-GB, en-US, es-ES, fr-BE, fr-FR, it-CH, it-IT ...)
  • ISO and standard codes: available on any data simplifying dialog with all external systems (BIC, IBAN, MIC, ISIN, AII, FIX, 15022, 20022...)
  • Customizable: external link, notepad and attachments available on any data to centralize all necessary information on relevant elements (External references, formula, notes, master agreements, confirmations, fax ...).
    Fully customizable on site including additional data, mandatory/optional/restricted value, default value, additional repository...


REPOSITORY | See examples