CacheFI

Fixed Income Trading
Cachematrix provides a unique fixed income trading module that interfaces directly with your bank sponsored money market portal. CacheFI allows your bank to expand the investment options offered to corporate clients through a central web based interface.

Inventory
This application allows your bank the ability to offer fixed income inventory in real time to your corporate clients, thus giving the opportunity to trade seamlessly between your money market portal and a fixed income trading system. The software is currently integrated with TradeWeb and has the flexibility to be integrated with Bloomberg, MarketAxess, or any other inventory system. CacheFI supports Commercial Paper, Treasury Instruments, Repurchase Agreements, as well as other bank liability products. Commissions and security mark-up logic are supported through CacheFI’s proprietary algorithmic software. Clients can search by security type, maturity date, quantity offered or issuer.

Trade Initiation
After searching for and locating the specific fixed income security, the client can indicate a minimum yield or a maximum price they are willing to pay for the security, allowing bank traders flexible options and the power to avoid rejected trades.

Trade Entry
After a trade is initiated on the CacheFI module, bank traders receive all information surrounding the trade, including:

  • Security requested
  • Indicated yield
  • Dealers offering the selected security at the indicated yield
  • Maximum price or minimum yield requested by the client

Cachematrix automatically submits all settlement information to the brokerage system allowing the trade to settle in the bank and client brokerage accounts. After successful completion, Today’s Trades is updated for your client, summarizing the details of their completed trade.

Commission and Markup Maintenance
Bank administrators have the ability to manage default commission amounts and markup rates based on scalable investment lengths. The markup range and commissions can be set at the administrator’s discretion.

Reports
The CacheFI Daily Trade Blotter confirms that all trade activity has been processed and settled. The Historical Trade Blotter is an all inclusive report that provides administrators the ability to pull the following types of reports:

  • Cancellation Report
  • Commission Report
  • Customized Reports based on date range and status

Request a demonstration of the Cachematrix Fixed Income trading system.