Securities

Bank

Fund

Insurance

Trust

Investment Analytics and Risk Management Trade Processing and Analysis Data Management
xAsset xSP xPIA xCIRMS xCRS xCRMS xRiskPlus xVAMS xPIMS xIR xAMS xTCMS xCM xEQ xEDM xCreditWatch xData

xTCMS - xQuant Treasury and Capital Market System

Introduction

xTCMS, the xQuant Treasury and Capital Market System, is developed to facilitate the treasury and capital market business in financial institution self-operated business, with comprehensive processing support for front-to-back office operations.  It covers trade processing cycle end-to-end with maximal automation of seamless Straight Through Processing (“STP”), supporting business processes like trade initiation, trade approval, limit control, trade execution, clearing, settlement, valuation, accounting, and reporting.  The system maintains and provides comprehensive and detailed operation data for other middle and back office operations, such as account and counterparty information, settlement details, trading blotter records and account balances.

Applicable Companies And Departments

Finance company

Investment and trading department

Risk management department

Operation management department

Planning and finance department, etc.

Bank

Financial market department

Inter-bank business department

Investment and trading department

Risk management department

Operation management department

Planning and finance department, etc.


System Features

Expression of financial instruments

The Financial products Markup Language (FpML) is a collection of financial product description specifications defined by ISDA, which extensively covers all kinds of mainstream financial products at present. On the basis of this standard, xQuant has made partial expansion according to specific conditions, to form xQuant extended FpML (xFpML), which is widely used in various products of xQuant.


Portfolio construction

General transaction management system manages transactions and portfolio with account. On this basis, xQuant introduces a new management dimension, i.e., transaction group, which can conveniently realize more detailed business management, avoid a large number of temporary accounts, and more intuitively and accurately reflect investment decisions and investment risks.


Transaction execution interface

It supports the transaction interfaces to inter-bank market, Shanghai and Shenzhen Stock Exchanges, CFFE, and futures exchange. With the continuous improvement of electronic transaction, xQuant’s experience in this field will play a more important role.


Service data computation

The product has a built-in computing service layer, allowing the deployment of computing services on multiple hosts to form a computing cluster, which can handle multiple computing tasks at the same time, thus improving the response speed of system in computing tasks. Data service is a configurable ETL tool, which supports data-source data services with various formats to undertake the responsibility of importing various external data.


Limit expression rules

xQuant has been engaged in system development and implementation in the field of risk management for many years, so it has accumulated a lot of experience in risk limit and compliance limit. On this basis, we have defined a set of relatively complete and flexible limit expression rules. At present, all kinds of limits can be defined by the expression rules with no need of any development work.


Real time bookkeeping

The system supports real-time bookkeeping. After the recheck of back office to settlement instructions is completed, the system could perform real-time accounting and send bookkeeping messages and settlement messages. The general process includes the support to real-time accounting of relevant financial indicators.