Platforms

LIBOR EXPRESS

  • LIBOR EXPRESS enables trade and portfolio level simulation of derivatives and cash instrument for all RFRs/ARRs.
    • Quantification of RFR computation and impact and across loans and most fixed income cash instruments.
    • Calculates cashflows, MTM neutral spreads and other simulation features for managing the LIBOR transition across front- and middle-office across ALL MAJOR RFRs and CONVENTIONS across G-7 and numerous other currencies.
  • LIBOR EXPRESS covers a universal set of swaps and derivatives in SUMMIT.
    • Quantification of RFR impact across interest rate swaps and derivative instruments.
  • Enables simulation of RFR/ROC through trade life-cycle.
    • Simulation of historical and hypothetical stress scenarios for existing and proposed RFRs and spreads.
    • Pricing and return on risk-adjusted capital impact for legacy portfolios and new originations.
    • Assists in creation of lending and derivatives pricing policies and associated limits.
  • LE is natively integrated with Finastra Summit’s robust quantitative analytics and curve construction framework.
  • LE is an out-of-the-box cloud-based solution and does not require banks’ IT resources for integration.

Accelerated Time to Market

  1. Portfolio Simulation to capture RFR Impact
    • Generate MTM with LIBOR/ OIS/ RFR discounting for LIBOR and RFR Simulation Trade
    • Determine MTM/Spread impact of simulation trades
    • Capability to transform LIBOR trades into RFR trades
    • Quantify the future impact of transition on P&L and Risk
  2. Fall-back Simulation in compliance with ISDA methodology
    • Fall-back simulation as of today – Spread, Trade Conversion
    • ISDA spread calibration based on Summit reset or pre-defined data set
    • Point estimate of MTM impact across entire portfolios of multiple Trade Types
    • Comparison of MTM impact using single ISDA Spread or user-defined Spread
    • Scenario analysis of ISDA spread impact – look back period & mean/median
  3. Counterparty Negotiation Support for Transition
    • Capability to generate MTM neutral spread at Counterparty/Index/Tenor and individual trade levels.

LOANROC

  • LOANROC enables loan- and portfolio-level spread, cash margin, ROA/ROC and hedging simulations across origination, expected and final maturities in numerous jurisdictions.
  • LOANROC performs predefined and user defined scenarios, simulations, and stress tests across multiple LIBOR replacement RFRs, conventions, funding, accrual, and prepayment scenarios.
  • LOANROC is natively integrated with Finastra Summit’s robust quantitative analytics and curve construction framework.
  • LOANROC is natively integrated with Finastra’s LOANIQ platform on its FFDC platform or for stand-alone integrations.
  • LOANROC also covers a universal set of swaps and derivatives in SUMMIT for funding and hedging simulations.
  • Calculates cashflows, MTM neutral spreads and other simulation features for managing loan portfolios across front- and middle-office across ALL MAJOR RFRs and CONVENTIONS across G-7 and numerous other currencies.
  • Pricing and return on risk-adjusted capital impact for legacy portfolios and new originations.
  • Assists in creation of lending and derivatives pricing policies and associated limits.
  • LE is an out-of-the-box cloud-based solution and does not require banks’ IT resources for integration.

LOANROC Use Cases

  1. Loan and funding/hedge new origination and current portfolio simulation for capture RFR Impact
    • Generate MTM with LIBOR/ OIS/ RFR discounting for LIBOR and RFR Simulation Trade
    • Capability to transform LIBOR-based loans into SOFR and alternate RFRs.
    • Quantify the future impact of transition on P&L and risk parameters.
  2. Fall-back Simulation in compliance with ISDA methodology
    • Fall-back simulation as of today – Spread, Trade Conversion
    • ISDA spread calibration based on new resets or pre-defined data set
    • Point estimate of MTM impact across entire portfolios of multiple loan types
    • Comparison of MTM impact using single ISDA Spread or user-defined spread
    • Scenario analysis of ISDA spread impact – look back period & mean/median
  3. Borrower/Counterparty Negotiation Support for Transition
    • Capability to generate MTM neutral spread at Counterparty/Index/Tenor and individual trade levels.
  4. Loan RFR sensitivity and what if analysis for the following variables
    • Observation period shift
    • Historical stress scenario definition and analysis
    • Compounding vs. average
    • Cashflow forecasting
    • Breakeven analysis
    • Multiple currencies
    • RFR conventions across US, UK and Europe
    • Legacy and new origination
  5. LOAN ROC Advanced features
    • Basel IRRBB reporting
    • Transaction structuring for pre-deal analysis
    • Swaps and loan negotiation sensitivity
    • Global market data
    • Exotic structures
    • Commercial and residential mortgage loans
    • Probabilistic scenario analysis
    • Time series randomized simulation

GREENCAP

  • GREENCAP is created from the ground up for banks and regulators for managing and reporting climate risk within lending.
  • GREENCAP Integrates management of loan origination and portfolios, reporting, and financial resiliency for climate change adaptation and mitigation.
  • GREENCAP is the only comprehensive global platform for banks’ origination, pricing, management, and reporting for sustainable lending.
  • GREENCAP enables banks to classify existing loan portfolios by their exposure to climate risk across several classification conventions and methodologies.
  • GREENCAP is natively integrated with Finastra’s LOANIQ system and FFDC.
  • GREENCAP can be seamlessly integrated with internal, regulatory, and vendor-supplied climate-risk data for corporate obligors.
  • GREENCAP provides pre-designed and user-configurable templates for internal and external reporting.

CECL EXPRESS

  • GreenPoint’s CECL Express is a powerful comprehensive and robust cloud-based platform for US-banks to comply with CECL reporting requirements.
  • CECL Express has sophisticated loan portfolio simulation capabilities enabling banks to optimize regulatory capital.
  • CECL Express is designed from the ground up for quick and seamless implementation for banks of all sizes.
  • With over two years in production, CECL Express is a mature application with pre-designed and modifiable interactive screens.
  • CECL Express is integrated with Finastra’s banking and lending applications and is available through its FFDC platform.
  • CECL Express is ideal for Tier1-5 institutions, community banks and credit unions with cost-optimized license fee structures