Home > Products > Microgen Cortex+

Microgen Cortex+ - Web enabled derivatives processing software

Derivatives Trading

Microgen Cortex+ is the next generation of web enabled derivatives software, providing a comprehensive global trading solution.

The software enables trading on any of the world's exchanges. Certain commodity markets (notably the London Metal Exchange) have historic market practices and Cortex+ is configured to operate effectively in these markets. Real time position monitoring is a fundamental part of any modern trading system; when local or international events impact the volatility of a market it is essential that brokers can instantly assess in-house and client position and exposure.

Cortex+ provides full derivatives support, with real-time position monitoring to assess in-house and client exposure including:

• Ring/Kerb and rapid trade entry, providing users with the opportunity to rapidly enter transactions across the Internet
• Real-time unmatched exception management monitoring reduces operational risk through continuous access to unmatched trades and exceptions
• Management statistics broker performance monitoring, including trading and matching statistics and volumes
• Production of documentation such as contracts and warrants
• Matching
• Clearing
• Settlement
• Reporting, including management and regulatory
• Risk management

In today's international markets there is a risk associated with currency fluctuation. Cortex+ addresses this issue with its fully integrated FX module. Cortex+'s double entry, multi company, multi currency general ledger also controls in-house and client funds.

Benefits

• Maximises the contribution from the back office function
• Delivers real time position monitoring to assess in-house and client exposure
• Manages risk arising from FX exposure
• Delivers full accounting functionality

For more information