Framesoft AG Software Applications - LMS Version 6.5

LMS Version 6.5

Published on Saturday, 07 May 2011 08:34

Leading European supplier of post-trading services went live with new version of Framesoft Repo & Securities Lending (FRS)

Frankfurt, 07. May 2011: One of Europe's largest clearing houses went live with LMS 6.5, based on Framesoft Repo & Securities Lending (FRS)

Since 1999, FRS is in productive use, called 'LMS' in the customized version. FRS is based on FON - Online Negotiation & Collaboration, which provides the powerful base functionalities which are one element of the 12 year - and still ongoing - success story of FRS with this customer. FRS offers a wide range of features needed for successful and economically efficient securities lending:

• automatic position keeping

• holding and providing market data (e.g. prices)

• fully automated allocation of lender inventory to borrower requests

• transfer of trading data to / receive of feedback from back-office systems via stable state-of-the-art interfaces

• a bunch of standard reports, easily customized

• automatic collateral calculating and reporting based on the newest available market data

• automatic calculation of lending fees

• provision of customer specific risk data

• automatic check of assets for eligibility to serve as collateral