Product Description
Global-FISA Fixed Income Security Analytics from Financial Technology Laboratories is a software component for calculating prices, yields, and a broad range of other analytical values for the major developed markets around the world. The Global-FISA analytics can be used by securities dealers, brokers, banks, fixed income ECNs, application vendors, and information services for developing front-, mid-, and back- office trading, portfolio, and reporting applications. Calculation accuracy and data integrity are critical to both you and your clients; but developing and maintaining these components is costly and complex. Let the experts at FTL provide a highly accurate and cost effective solution that meets your current and future needs.
Accessible
- Available on virtually any platform using Java, C++, or Microsoft .NET.
Full Market Coverage
- Broad analytical coverage for the primary and secondary international fixed
income markets including: government/treasury, corporate, MTN, municipal/provincial, CDs, preferred, and perpetual securities - Quickly and accurately calculate a broad range of analytical values for fixed income securities including: prices, yields, equivalent yields, and volatility measures
Accurate & Compliant
- Supports all U.S. market conventions and complies with Securities Industry and Financial Markets Association (SIFMA) and International Capital Market Association (ICMA) calculation standards
- An extensive test data suite and test harness is available to allow direct comparison of calculated values with expected benchmark values
Easy to Use and Learn
- Entirely object-oriented design simplifies implementation
- Easily understood calling structure shortens the learning curve for developers. No need to learn thousands of function calls
- Complete and up-to-the-minute documentation available online
- Review sample code in Java, C++, or VB that clearly illustrates class and method usage
- Simply pick your market and security type and the correct conventions and calculations are configured for your use – developers need not be market experts
to be produce accurate results - New securities, calculations and conventions are made available to you as they are introduced in the fixed income market; we keep up with market changes so you don’t have to.
Flexible
- Eliminate client-server round trips and latency by distributing the calculations to the client-side. Or, implement on the server-side for centralized auditing and control
- A user-definable degree of convergence in iterative equations allows you to optimize at run-time for ultimate precision or scorching speed.
Convenient
- Use our utility classes to download and use our market-holiday calendar or
use your own custom calendar. - Use our utility classes to download and use public CPI/RPI history for calculating inflation-indexed adjustment ratios, or supply your own ratios.