The system works in a multi-user environment. Constant Yield Lucie's Back Office provides a common transaction details screen for all instrument types and deal types. U.S. Style Term Repo. U.S. Style Roll Over Repo. Provide historic log table where user performs daily maintenance i.e. total or partial repays, price changes, repo rate changes.
Posts only changes to amounts and price.
Exposure Report used to monitor margin requirements caused by changes in price of underlying instruments and erosion of accrued interest on an on-going basis. An Interface has been developed that exports Lucie's Repo deal data to ISM Accounting system. All types of Canadian and U.S. Repos. Lucie also provides full Repo accounting within it's own General Ledger module and with additional export capability.