SMART
LCH Margin Estimator
INTRODUCTION
LCH SMART enables clients and members to simulate their margin requirements across SwapClear, Listed Rates
and ForexClear on one platform. Using instantaneous, consistent “what if” calculations, clients and members can
cost-effectively view their risk exposures against LCH for a simulated portfolio prior to clearing.
KE Y BENEFITS
01.
02.
03.
IM & VM Reconciliation
Full Breakdown of
Risk Exposure
Risk Management on
One Platform
Access a comprehensive view
of your IM and margin add-ons
across your portfolio as well as a
breakdown of portfolio sensitivities.
Submit trades from any OTC or
Listed Rates service to view realtime risk exposure across the
portfolio on one platform.
Input your portfolio of trades, and
watch LCH SMART automatically
apply curves, tenor buckets and
worst-case scenarios to ensure
accurate estimates of margin.
04.
05.
Portfolio Margining Simulation
Usability
LCH SMART supports the LCH
Spider service, enabling members
to view their portfolio margining
opportunities across OTC and
exchange-traded interest rate books.
Use the desktop application to take
advantage of interactive screens or
connect with the API to integrate
the LCH SMART tool within your own
technology stack.
TOOL FEATURES
•IM Reconciliation
•Available for Members & Clients
•Supports SwapClear, Listed Rates & ForexClear
•Available as an easy-to-use desktop application
•Displays NPV and sensitivities at trade level
•Available to integrate into internal systems
•Automatically applies curves, tenor buckets and worst-case
loss scenarios
•Supports LCH Spider and its impact on a simulated portfolio
•Simple installation
UPCOMING FEATURES AND DE VELOPMENT OF SMART
02.
04.
SMART Data Services
Calculation Service
Support market, reference
and portfolio data for
calculation purposes
instead of EOD reports.
Enable members to do
impact analysis on their
DFAM totals.
01.
03.
LCH App Store
ForexClear Desktop
Allow quick installations
of all available LCH tools
and automatic upgrades
for new SMART features.
Enable users to perform
analysis for the ForexClear
service through a desktop
application.
FIND OUT MORE
For more information, contact the SMART support team: smartsupport@lch.com
DISCLAIMER This document has been provided to you for informational purposes only and is intended as an overview of certain aspects of, or proposed changes to, services provided by LCH Group Holdings
Limited, LCH Limited, SwapAgent Limited, LCH S.A. or LCH.Clearnet LLC (each an, “LCH Company”). This document does not, and does not purport to, contain a detailed description of any aspect of an LCH
Company service or any other matter set out in this document, and it has not been prepared for any specific person. This document does not, and does not seek to, constitute advice of any nature. You may
not rely upon the contents of this document under any circumstance and should seek your own independent legal, investment, tax and other advice. The information contained in this document does not
constitute a recommendation or offer with respect to any derivative contract, financial instrument, security or service. No LCH Company makes any representation, warranty, condition or guarantee (express
or implied) that the contents of this document are accurate, complete or up-to- date, and no LCH Company makes any commitment to offer any particular product or service. No LCH Company shall have
any liability for any losses, claims, demands, actions, proceedings, damages, costs or expenses arising out of, or in any way connected with, the information contained in this document, except that each LCH
Company accepts liability for personal injury or death caused by its negligence, for its fraud or wilful misrepresentation, and for any other liability which cannot be excluded by applicable law. Copyright © LCH
Limited 2018. All rights reserved. SwapClear, ForexClear and SwapAgent are registered trademarks of LCH. The information contained in this document is confidential. By reading this document, each recipient
agrees to treat it in a confidential manner and will not, directly or indirectly, disclose or permit the disclosure of any information in this document to any other person (other than its regulators or professional
advisers who have been informed of the confidential nature of the information) without the prior written consent of an LCH Company.
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