News about REPO

REPO Collateral Allocation goes live

The Verasis REPO application has been built to overlay the Misys OPICS Deposits & Loans system to allow the following:

  • Full and flexible collateral substitution to REPO collateral accounts
  • Automated confirmation generation
  • Collateral position analysis
  • The allocation of REPO Collateral (by security) will be at the ‘nominal value’
  • The allocation of REPO Cash will be based on a weighted average function calculated from the ‘discounted value’ of the bonds

 

If you would like more general information on Veratec or Verasis, please contact us on +44 (0)20 7375 1000, or email us at info@verasis.com.

Veratec Ltd does NOT claim any ownership of FRONT ARENA. FRONT ARENA is the property of the SunGard Data Systems Inc group of companies. Veratec Ltd is not linked to or endorsed by SunGard Data Systems Inc. Nothing on this website shall grant or purports to grant any rights in or licences to use FRONT ARENA.

Veratec Ltd does NOT claim any ownership of OPICS. OPICS is the property of members of the Misys plc group of companies. Veratec Ltd is not linked to or endorsed by Misys plc. Nothing on this website shall grant or purports to grant any rights in or licences to use OPICS.

Veratec Ltd does NOT claim any ownership of TEMENOS T24. TEMENOS T24 is the property of members of the TEMENOS group of companies. Veratec Ltd is not linked to or endorsed by TEMENOS. Nothing on this website shall grant or purports to grant any rights in or licences to use TEMENOS T24.