Highlights of Global One Version 6 Functionality

Global One 6.6.2 release highlights are as follows:

BROKER

  • Enhanced Rate Change Processing:
    • Individual trade and global rate change processing combined in a single routine
    • Rate Change Processing available for:
      • Cash Trades
      • Non-Cash Trades
      • Both
      • Cash Pools (COF or + / - increment)
      • Cash Prepayment Rates
      • Finder Fees
      • LOC Rates
    • Rate Changes to fully Pending Trades – result in amendment to trade, not rate change activity
    • Repo Rate Changes for Open or Term Repos
  • New Index Rates Processing
    • Allows a trade to be posted with a rate + / - index
    • User defined Index Rate tables, with Rate Upload option
    • Applicable to all trade types, and cash pools
    • Rate Code, + / - increment and Rate Change flag (Auto / M (Manual) update) entered on Trade Input
    • New Enquiry allows viewing / maintenance (add/remove/amend) of index rate information
  • Matching Trade Date Field to facilitate French market trades (allows entry of date for instructing as Global One usually prevents the Cash Settlement Date being prior to the Trade Date)
  • Cash Pool Processing enhancement to allow narratives to be viewed /amend/deleted at individual activity level
  • Recall Reason Codes can now be optional or mandatory
  • Ability to print or suppress report selections
LENDERS
  • New Fund Re-Allocation Matrix gives enhancement processing including:
    • Cut-off time on matrix for auto-reallocations
    • Manual and Auto Reallocation Parameters (To/From/Both/Not Allowed)
    • Reallocation of Pending Loans and Loans with Pending Returns (Auto/Manual/Both/Not Allowed)
    • Fund/Fund Major overrides (Country/Class/Mode/M/A)
  • Collateral Input with Allocation has new quantity ‘Fill’ option
  • Enhanced Lender Holds Input including:
    • Same fields and validation as Trade Input with Allocation
    • Ability to amend a Hold
    • Ability to convert a Hold to a Trade
    • Holds Maturity Report
    • Ability to auto-cancel Holds based on Term Date range
MISCELLANEOUS
  • REPO PROCESSING - enhanced flexibility in processing repo amends, rolls of open reports and term date changes on rollovers
  • DIVIDEND PROCESSING - enhanced Dividend cancellation processing
  • SYSTEM ADMINISTRATION / INTERFACE TOOLS
    • Various GOSOS enhancements including the addition of Final Return Flag  and MBS details
    • Standardisation of Upload Reporting and use of KTSTATUS flag for errors
    • Various AIM enhancements including authorise option, lender trade allocations amends and partial settlements
    • Ability to create a file of all rejected or validation error records to facilitate fixing and re-uploading