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: firstname.lastname@example.org 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.