C-ONE

Securities Finance Platform
Trading, Collateral Management and Connectivity

C-ONE

Securities Finance

Comyno’s C-ONE securities finance platform is a software system built to deliver straight-through processing (STP) of securities finance business activities.

C-ONE

Connectivity

Comyno’s C-ONE Connectivity provides heterogeneity of platforms, enabling communication protocols and infrastructures interoperability.

Comyno’s C-ONE securities finance platform is a suite built to deliver straight-through-processing for all securities finance business activities. C-ONE offers a front-to-back office solution which at the same time facilitates the interaction to numerous third party service providers such as electronic trading platforms, trade repositories, tri-party collateral agents, and CCPs.
Based on our sophisticated software framework, C-ONE offers a range of flexible, easy to integrate solutions for the pre- and post-trade automation of your securities finance activities.
Our product suite provides real-time front-to-back STP software that facilitates the interaction with third party service providers, automates manual processes, improves efficiency and helps mitigate operational risk, as well as having intelligent, highly-configurable data enrichment and linking capabilities that can be adapted in line with your business needs.
Our customers can choose to use the complete platform to run their securities finance business, or opt for any functionality as a module to bridge the gaps of their legacy infrastructur as required.

Front and back office functionalities

Collateral Management
Risk Management
Securities Lending Inventory & Liquidity Management
Securities Lending & Repo Trading
Counterparty Exposure

Trade Matching, Con􏰂rmation & Allocation
Reconciliation
Reporting
Fairness algorithms & Allocation for Mutual Funds


C-one CONNECTIVITY C-one SECURITIES FINANCE C-ONE Administration C-ONE Risk Management C-ONE SFTR Reporting C-ONE Collateral C-ONE Trading Custodians Clearing Houses (CCP) Service Provider Trading Platforms Collateral Agents Inhouse Systems Trade Repositories

Key Features

C-ONE securities finance platform offers full transparency and control over all business functions, processes and interfaces.
Our modern and cost efficient IT infrastructure covers the increasing regulatory and transparency requirements. A fully traceable reporting and message flow is available to comply with the latest audit requirements.
STP: enables Straight Through Processing for securities finance business.
C-ONE securities finance platform offers connectivity through adaptors and interfaces to existing (in-house) systems and third party service providers such as trading platforms, collateral agents, CCP’s, clearing houses, regulatory agents and trade repositories.
New adaptors which facilitate connectivity to additional service providers are built upon industry standard technology such as AMQP, FIX, XML and require minimal effort and expenditure to implement and deploy.
A modular design ensures a cost-effective, transparent pricing model. C-ONE Securities Finance Software modules can be used as a stand-alone applications or as part of an integrated, customized, fully-fledged system application.

Added value created by

Tailored solutions, web based front-/middle and back office Trading-, Risk-Management and Settlement tools can be specifically created based on the requirements and needs of the business.
“Plug and Play” architecture will guarantee perfect connectivity to existing internal and external systems, as well as trading and settlement platforms.
Creation of a central and transparent database for internal and regulatory reporting purposes.
Digital platform strategy guarantees a quick response to changing markets, products and regulatory requirements.
Combines data management technologies and data analytic tools into a single software suite with an intuitive and easy-to-navigate customized dashboard/cockpit.
These tools give our clients the ability to cover all securities finance related topics as efficiently as possible, across all asset classes and will be designed for the clients solely based on their respective requirements.

See some of our connectivity, reporting and automation modules used by our customers already:

With SFTR (Securities Financing Transactions Regulation), credit institutions, investment firms, CCPs, CSDs, UCITS, AIFMs and non-financial counterparties are obliged to report information on trades and positions (such as re-use of collateral) in securities financing transactions to an EU-wide authorized trade repository.
In accordance with article 4 of SFTR, Comyno's C-ONE SFTR Reporting solution offers reporting all the required details/action types of any concluded, modified or terminated SFTs no later than the same working day.
The new rules on transparency provide for the reporting of details regarding SFTs concluded by all market participants, whether they are financial or non-financial entities, including the composition of the collateral, whether the collateral is available for reuse or has been reused, the substitution of collateral at the end of the day and the haircuts applied.

Securities Financing Transactions (SFTs)

Securities Lending & Borrowing
Commodities Lending & Borrowing
Repo & Reverse Repo
Buy-sell-back & sell-buy-back
Margin lending and collateral reuse transactions.

Key Features

Out-of-the-box connectivity to different trade repositories via C-ONE Connectivity (XML).
C-ONE combines all of the data collection, processing and enrichment functionality required for compliance with SFTR with minimal expense.
Translation and normalisation of source data from various protocols into a standard ISO 20022 format as required by ESMA.
Coverage of all SFTs.
Data Quality Assurance and in-scope instrument validation.
Publication of financial data in real-time ensures compliance with the SFTR end of day trade reporting deadline.
Configurable notifications provide real-time feedback on rejected reports or error fields, allowing you to take immediate action and avoid fines.
The C-ONE graphical user interface provides real-time feedback price and quantity alerts, allowing you to take immediate action, if needed.

C-ONE offers a single platform that can be used not only for SFTR reporting but also for all other reporting requirements globally, greatly reducing the cost and complexity of regulatory reporting.

Securities Financing Transactions (SFTs)

Securities Lending & Borrowing
Commodities Lending & Borrowing
Repo & Reverse Repo
Buy-sell-back & sell-buy-back
Margin lending and collateral reuse transactions.

Key Features

Upload CSV (comma-separated values) files or manual input of data.
Add, verify or adjust counterparty, transaction or collateral data.
Translation of source data from CSV into ISO 20022 format as required by ESMA.
Run a validation check.
Error & warnings shown for missing field or invalid field value.
Fields with errors are highlighted in the screen in red and warnings in yellow.
Selecting the error/warning allows immediate action on respective fields.
Generate an XML which is sent to the trade repository and translate the incoming data into CSV that will be displayed in C-ONE SFTR Lite or can be downloaded.

Designed for financial institutions with Securities Finance transaction volume, C-ONE SFTR Lite offers an easy and straightforward way to fulfil the SFTR obligations, with manageable IT and operational effort.

Based on Comyno’s sophisticated software framework C-ONE, the Eurex Repo F7 Adapter has been developed to provide participants of the Eurex Repo markets with a cost-effective solution for the connectivity to Eurex Repo’s F7 trading platform and to facilitate pre- and post-trade automation.

Key Features

Out-of-the-box connection to the Eurex Repo markets – Euro Repo, GC Pooling, SecLend and Triparty Repo - via the dedicated F7 API (AMQP based messaging).
Fully automated, configurable quote upload functionality.
Out-of-the-box receipt of the post-trade broadcast used by Eurex Repo to report all types of trades executed via F7.
Real-time feed of executed trades to your internal systems via C-ONE’s efficient and reliable interfaces.
Intelligent, highly-configurable data enrichment and linking capabilities to meet the requirements of any in-house or third party system.
Sophisticated administrative and monitoring utilities via the C-ONE graphical user interface.
Preconfigured CSV output adapter to write information in the well-known OTX format* still used by many market participants.
*With the launch of F7 in 2015, Eurex stopped providing trade information in OTX format.

Read More

The C-ONE Eurex Repo F7 Adapter is designed to meet the needs of any financial institution active on the Eurex Repo markets. It reduces operational risk and increases efficiency through truly automated pre- and post-trade workflows that require no manual intervention.

Other Trading Platforms and Service Providers like BrokerTec, MTS, Euroclear GCAccess, Equilend/Bondlend and Clearstreams KAG+ Program can be connected via C-ONE on request.

Based on Comyno’s sophisticated software framework C-ONE, the C-ONE Locate Manager has been developed to provide trading desks with a sophisticated solution to efficiently manage the ever growing number of locate messages received on a daily basis.

The software pre-processes locate requests originating from multiple sources and displays the messages in a standardised, easy-to-read format, significantly reducing the manual effort involved in responding to locate requests and hence reducing your response time to your counterparties. Coupled with additional functionalities such as automated replies and automated trade booking, an efficient and cost-effective processing of incoming locate requests with minimal manual effort can be achieved.

Key Features

Intelligent, criteria-based filtering of locate request messages allow you to focus on those requests that can actually be filled.
Customisable display of the incoming locate requests in a single screen via the C-ONE graphical user interface.
Real-time availability check of lendable positions based on pre-defined rulesets.
Automated replies to counterparties based on criteria’s defined by you.
Automated trade booking via C-ONE’s efficient and reliable interfaces to your in-house systems.

Based on Comyno’s sophisticated software framework C-ONE, the Xetra Adapter has been developed to provide a cost-effective, flexible solution for the connectivity to the Deutsche Börse Cash Market and to facilitate pre- and post-trade automation of your trading activities. Our adapter reduces operational risk and increases efficiency through truly automated pre- and post-trade workflows that require no manual intervention.

Key Features

Out-of-the-box connectivity to the Deutsche Börse Cash Market via the Back-Office Session of the Xetra FIX Gateway (FIX 4.4).
Out-of-the-box receipt of trade capture reports used by Deutsche Börse to report all types of Xetra trades.
Real-time trade feeds for on- and off-exchange (OTC)* trades to your internal systems via C-ONE’s efficient and reliable interfaces.
Intelligent, highly-configurable data enrichment and linking capabilities to meet the requirements of any in-house or third party system.
Sophisticated administrative and monitoring utilities via the C-ONE graphical user interface.
*Dedicated Adapter for MiFID OTC Post-trade Transparency reporting available

Based on Comyno’s sophisticated software framework C-ONE, the Eurex Clearing C7 Adapter has been developed to provide a cost-effective, flexible solution for the connectivity to Eurex Clearings’s C7 Clearing Architecture and to facilitate pre- and post-trade automation of your derivatives trading/hedging activities. Our adapter reduces operational risk and increases efficiency through truly automated pre- and post-trade workflows that require no manual intervention.

Key Features

Out-of-the-box connectivity to Eurex Clearing‘s C7 architecture via AMQP interface.
Out-of-the-box receipt of the transaction confirmation broadcast stream used by Eurex Clearing to report any type of transaction.
Supports ETDs and both centrally cleared and bilateral OTC derivatives (Block Trades) contracts (Options and Futures).
Real-time feed of executed trades to your internal systems via C-ONE’s efficient and reliable interfaces.
Intelligent, highly-configurable data enrichment and linking capabilities to meet the requirements of any in-house or third party system.
Sophisticated administrative and monitoring utilities via the C-ONE graphical user interface.

With MiFID, investment firms are required to publish their off-exchange purchases and sales of equities that are admitted to a regulated market in the European Economic Area. The trade reports must include a wide variety of data, such as instrument and entity identifiers, information on price and quantity of the traded instrument and about the day and time of a trade.
In accordance with article 25 of MiFID, Comyno’s C-ONE MiFID Post-trade Transparency Adapter offers fully automated fulfilment of MiFID OTC post-trade transparency requirements using the FCA approved Deutsche Börse MiFID OTC post-trade transparency service (via Xetra FIX Gateway).

Key Features

Out-of-the-box connectivity to the Deutsche Börse Xetra Trade Entry Service via Xetra FIX Gateway (FIX 4.4).
C-ONE combines all of the data collection, processing and enrichment functionality required for compliance with MiFID with minimal expense.
Translation and normalisation of source data from various protocols into a standard FIX 4.4 format as required by the Deutsche Börse Xetra FIX Gateway.
Coverage of all MiFID relevant shares traded across the European Economic Area (EEA).
Data Quality Assurance and in-scope instrument validation*.
Publication of financial data in real-time ensures compliance with the MiFID three minute trade reporting deadline.
Configurable notifications provide real-time feedback on rejected or delayed reporting as well as price and quantity alerts, allowing you to take immediate action, if needed.
The C-ONE graphical user interface provides real-time feedback price and quantity alerts, allowing you to take immediate action, if needed.
*In conjunction with the Deutsche Börse MiFID Service.
C-ONE offers a single platform that can be used not only for MiFID reporting but also for all other reporting requirements globally, greatly reducing the cost and complexity of regulatory reporting.