Global Risk Management platform which supports global Front, Middle, and Back Office operations. Summit's Unix-compatible applications are known worldwide for flexibility and scope. The system delivers powerful, intuitive financial instrument coverage and functionality, and is installed at major financial institutions worldwide. With features such as consistent valuation methodology, user-defined curve generation, custom product definition, and data modeling, the applications are well suited to the implementation of new financial products.
Users can choose from all industry standard pricing models or can add their own.
Analytics link in real time to market data and third-party feeds. The Toolkit provides a complete set of core functions and methodologies necessary to define financial instruments, analytics, pricing algorithms and data structures. When the Toolkit is used in conjunction with the API, Summit architecture can be opened to incorporate proprietary pricing models, extend the Summit data model, customize curve generation, analytics, risk management, and more. It accommodates almost any product definition, pricing or payment structure. The user-friendly API provides the tools to blend proprietary functionality seamlessly into the Summit product.