Calypso Learning Services

This training course covers the changes that have been implemented in the EXCHF and Clearing module for the FCM OTC Clearing business.

Post Brexit, Clearing business scenario has changed as we would have a UK based entity and non UK based entity. Further, UK based entity will not directly come under the EU directives, hence, this would limit the services that are offered by the UK based entity to a non UK based client.

Hence, to facilitate such type scenarios, non UK based client entity was looking to perform a portfolio transfer from UK based FCM to EU based FCM. But, as it’s the same client onboarded with the same FCM but different regions with similar A/c set up’s in both the entities it was difficult to identify whether the trade is for UK based FCM or non UK based FCM with the current functionality. So to identify the correct FCM along-with it the correct clearing A/c as well for  correct clearing service for the trade, we had to add few identifiers / mappings to select the correct clearing A/c’s.

This training course will enable the user to complete the set-up and facilitate such scenarios.