NAVIGATOR

SoftWell provides solutions for traders and treasurers combining bank industry expertise with innovative technology to support trading, risk control and integration.

The company’s flagship product, Navigator, is a single platform, treasury and capital markets integrated solution with treasury and back-office functionality, supporting STP treasury lifecycle.

The solution covers deal capture, position management, P&L, limits control, settlements, accounting and reporting. For pricing, Navigator uses interfaces to major electronic trading platforms including the Moscow Exchange, Bloomberg, DB, EBS, etc…

Markets and Products

FX Markets

• Spot — foreign exchange, spot and split dates.
  Interbank deals, margin trading, customers trading.
• Forwards — Outright, settlement and NDF.
  Coverage and substitution calculations.
• Swaps
• Banknotes — cash deals with notes.

Money Markets

• Loans with fixed or floating rate:
  • Flexible principal cashflow during loan lifetime,
  • Flexible rate change schedule,
  • Sophisticated interest and compounding rules: quarterly, IMM and EOM dates, any compounding frequencies.

Capital Markets

• Purchases & REPO — exchange and OTC deals with equities, bonds, promissory notes,
• SLB (Securities Lending) — equities, bonds.

Derivatives

Maths — FINCAD

• Futures — on currencies, equities, indexes, commodities, interest rates
• Options — on currencies, equities, commodities,
• Interest Rate Swaps (IRS/CIRS) — vanila and OIS
• FRA

Integration

Trading Platforms

Bilateral real time integration
Prices and deals feeds, orders and iWELL prices stream publishing.

• Moscow Exchange
• Bloomberg,
• Deutschebank,
• Barclays,
• Other platforms...

Reference Data

Integration with financial reference databases
Bonds, euqities, coupons and dividends, ratings:

• CBonds,
• Bloomberg,
• NSD (2013, May)

Back Offices

Reference data
Business partners, financial instruments synchronization.

• Diasoft,
• IBSO,
• Quorum,
• New Athena,
• Other back offices including customers in-house systems

Deals and transactions guarnteed delivery
MSMQ messaging protocol.

• Diasoft,
• IBSO,
• Quorum,
• New Athena,
• Other back offices including customers in-house systems

Clearing systems

Incoming and outgoing messages
All documents types:

• Russian clearing, SWIFT и KISC, Kazakhstan,
• Payments nostro positioning,
• Confirmations matching (SWIFT MT300/320).

Back Office

Major Features

Back office is a fully integrated NAVIGATOR module.
It serves for deals and transactions settlement and accounting

• Verification — deals double check,
• Confirmations — SWIFT MT300, MT320, MT5xx; TELEX, e-mail.

• Verification,
• Nettings management and matching MT399 — by products, instruments, tradebooks and currency pairs.
• Realeasing transactions — SWIFT MT202, MT210.

• Accounting accordint to bank's accounting methodology
• Releasing accounting entries into bank's GL,
• Reporting of ant kind.