Kapital

1
Kapital

• A front and middle office object oriented risk
  management application for interest rate
  derivatives and cross-asset exotics businesses.
• Functionality includes Products

• Valuations
• PL and Positions calculations
• Comprehensive risk management tools
• Trade capture
• Transaction management

• Vanilla Derivatives swaps, caps/floors,
  swaptions
• Interest Rates Exotics
• Hybrid Exotics equity linked, long dated FX
  options and FX linked exotics, bond index
  derivatives, ...

• Portfolio management
• Middle Office controls
• Prime Record functionality
• Straight through processing to downstream
  accounting and settlement management systems.

• Technology
• Pure Object Oriented solution
• Distributed Smalltalk for parallel processing
  across multiple CPUs.
• Multiple delivery platforms Citrix, Java-based
  thin client (Vizz)

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A high-level view of Kapital ...
Derivative Desk Trader
Exotic Desk Traders

• Market making in Derivative products
• Hedging in other Swaps and underlying interest
  rate products

• Market making in Exotic products
• Hedging in other Swaps and Swap Derivatives
  products

Primary Products
Hedging Products
Interest Rate Swaps
Exotics (Interest Rate, FX Equity)
Swaps
Bonds
Prepayment Desk Traders
Bond Options
Swap Derivatives
Long-Dated FX
Kapital

• Market Making in Prepayment Derivatives products
• Hedging in Swaps and Swap Derivatives products

Credit Exposure Calculation
Pricing
Trade Capture
Trade Management
Position Calculation
Position Analysis
Risk Managers
P/L Calculation
Mark-To-Market
P/L Analysis
Risk Management (scenario / stress test)
Financial Analysis
Funding

• Position analysis
• Scenrios generation
• Stress testing (risk mgt)

• New and cancelled trades
• Daily Refixes
• M-T-M
• Cashflow

• DE_at_R numbers

• New and cancelled trades

• P/L analysis
• Position analysis
• P/l Calculation
• Position calculation

Market Risk Applications

• Independent Pricing
• Financial analysis
• Scenario generation

Processing Accounting Applications
FI Middle Office
Credit Applications
FI Financials
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Kapital Parallel Compute Service