SoftSolutions nexRates

SoftSolutions nexRates is a trading technology solution specifically designed for the Fixed Income market. It offers a comprehensive trading experience in a multi-market, multi-feed, and multi-asset environment, serving market makers, banks, brokers, asset managers, and other financial professionals. Whether deployed as a standalone solution or accessed as a hosted Trading as a Service model, nexRates provides advanced tools and functionalities to enhance trading efficiency and decision-making in the Fixed Income market.

Key Features

Integrated pricing engine: SoftSolutions nexRates includes an integrated pricing engine that enables users to calculate and display real-time prices for various fixed income instruments. The pricing engine is highly customizable and supports complex calculations for trading decisions.

Advanced Yield curve management: Users can create and manage yield curves for different fixed income instruments, including government bonds, credit bonds, and derivatives. SoftSolutions nexRates provides tools for analyzing and visualizing yield curve data, empowering traders and analysts to make informed decisions.

Multi-trading venue and multi-currency system: SoftSolutions nexRates supports trading across multiple venues and currencies. Users can access and trade on various trading venues, including dealer-to-dealer (D2D) and dealer-to-customer (D2C) markets. The system handles multiple currencies, facilitating trading in different currency pairs and managing foreign exchange risk.

Natively integrated with exchange and data provider connectivity: SoftSolutions nexRates seamlessly integrates with various exchanges and data providers, enabling users to access real-time market data, trade execution, and other services within the system. This integration streamlines trading processes and eliminates the need for additional integration efforts.

Quoting and trading for both D2D and D2C markets: SoftSolutions nexRates supports quoting and trading activities in both dealer-to-dealer (D2D) and dealer-to-customer (D2C) markets. Users can efficiently manage quote and trade workflows, including price discovery, negotiation, and execution. The system provides features such as request-for-quote (RFQ), order management, and trade confirmation for both market types.

Advanced custom Market Making strategies: SoftSolutions nexRates offers advanced custom market making strategies, allowing users to define and implement their own algorithms and strategies for optimizing liquidity provision. The system provides tools and analytics to monitor and adjust market making activities based on real-time market conditions.

Tiering and AutoQuoting (RFQ AutoReply): SoftSolutions nexRates supports tiering and autoquoting functionalities. Users can set up tiered pricing levels based on client relationships or other criteria. The system can automatically generate quote responses (RFQ AutoReply) based on predefined rules and parameters, streamlining the quoting process.

Real-time Risk service: SoftSolutions nexRates includes a real-time risk service that provides up-to-date risk information. Users can monitor positions, exposure, and other risk metrics in real-time. The risk service offers comprehensive risk calculations and analytics to support risk management and decision-making.

Position keeping integration (as Bloomberg PK): SoftSolutions nexRates integrates with position keeping systems, including Bloomberg PK. Users can synchronize trading positions with external systems, ensuring accurate and consistent position data across different platforms. The integration streamlines back-office operations and enhances data integrity.

P&L custom calculation and integration: SoftSolutions nexRates allows users to perform custom profit and loss (P&L) calculations. Users can define and configure their own P&L calculation methodologies based on specific requirements. The system also supports integration with external systems for seamless P&L reporting and analysis.