Welcome to the 2021 second MEGARA Newsletter. In this Quarter, we are focusing on reducing costs for our clients through an optimization of requested information from data providers and an enhancement of the cross-product processing.
/ Revamping the Bloomberg Interface
MEGARA coverage of derivatives is now enhanced with new features :
Support of new product classes :
Interest rate Swaps ;
Future Rollover ;
FRC, SCC, Plain Vanilla Swaps (Structured derivative for the Brazilian Market).
⁄ Valuation of Unlisted derivatives.
⁄ P&L calculation : for futures, MEGARA has now capability to calculate unrealized Profit and Loss daily.
⁄ Maturity and Exercise : When applicable processing of the underlying in case of maturity or exercise.
/ New features in fund administration
We continue extending the coverage of MEGARA to new activities and operations. For instance, fund administration activities are now becoming part of the core coverage of MEGARA. All of this aims to offer one single platform for securities industry.
In Q2 2021, new features are now available for fund administrators :
⁄ Calculation of Performance fees & Benchmarking ;
⁄ Valuation of FIDC ;
⁄ Handling of calendar by Fund.
/ Digital Client Experience
MEGARA offers a Web Portal to setup the communication between financial service providers and their clients. This client Web Portal has been redesigned with a new architecture based on Angular and REST API technology.
