The Limits Server component of FOCUS^SQL is a centralized limit setup and control central that provides global real-time limit management throughout the institution.

Limits Server is a message-based data processing center that receives data from a wide range of financial systems, including front-to-back office systems like FOCUS^SQL, accounting and custodial systems, retail banking systems and others and performs complex computations on the data in real-time.

In case of a limit breach or a potential hazard, Limits Server sends control messages to the systems involved and informs the limit control officer.

The one-point limits management in a distributed software environment and the unparalleled configuration flexibility are what make this tool unique in the marketplace.

• Multiple risk limits on banks, counterparts, instruments and their groups
• Real-time control
• Delivery and pre-delivery limits
• Real-time processing of counterpart exposures, including FX positions in different currencies, money market and capital market loans, credit rating, margin and nostro balances, credit lines
• Consolidation of individual limits into groups and breaking them down to components
• Internal institutional limits on desks, branches, traders, affiliated companies and the entity in general
• User-definable limit calculation methods ensuring coverage of new instruments
• Real-time trade lockout and signature overwrite
• Release trades, breaching the limit, by the persons authorized
• Real-time positions checking against the collateral deposited
• Ability to lock collateral or client's account with the bank in real-time mode if position is taken against the collateral
• Limits utilization reporting should be provided on-line to the front-office traders and middle-office risk managers as well as on-demand to the management
• Full reporting module, providing "current limits state" report, "limits violation" report, "events log" report and "current request queue" report
• Audit log on signature overwrite
• Various limits calculations methods (exposure limits, market value or P&L limits, Value-at-Risk parametric limits)

• Traded products can be grouped for limit monitoring
• Each limit can be calculated in a separate currency
• Limits server is component-based and allows for easy substitution of limit calculations formulas without affecting the core logic
• Each limit can be calculated using a separate formula
• Real-time import of exposures and market data from other systems
• Real-time limits overage signals to client applications
• Multiple FX rate sets supported
• Parametric Value-at-Risk calculations supported

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