ClarusFT

Clarus Financial Technology provides applications, software and services to the Global Derivatives market.

These markets are undergoing massive regulatory change, which requires all market participants to operate in a new world of Swap Execution Facilities (SEFs), Central Counterparties (CCPs) and Swap Data Repositories (SDRs).

Our applications, software and services are designed to empower financial firms to operate successfully in a post-regulatory reform world, in a connected and more transparent world.

SDRView

The Dodd-Frank Act requires OTC Derivatives trades to be reported in real-time to a Swaps Data Repository (SDR). SDRs must publicly disseminate price and volume data. Our SDRView app provides aggregate views, charts, tables, filtering by product/currency and drill-down to the trade details

CHARM

Current regulation requires FCM’s to leverage risk-based limits for pre-execution and pre-acceptance. Prudent FCM’s need to do appropriate real time, portfolio based risk checks for SEFs and Hubs. The CHARM solution allows credit checks on a true account based Initial Margin per CCP. Regulators give you 10 seconds. …….We can do it in 10 milliseconds.

SEFView

Daily SEF trading activity reporting is required by the Dodd-Frank Act. Our SEFView app normalises this data across SEFs, and provides aggregate views, charts, tables and filtering by Venue, Asset Class, Product Type, Currency, Currency Pair, with full history back to the inception of SEF trading

SDRFix

Designed to comply with the IOSCO Principles for Financial Benchmarks
Based on actual transactions reported to a Swaps Data Repository (SDR)
Publicly available and transparent
A volume weighted average price (VWAP) index
Based on cleared interest rate swaps with standard tenors and conventions
Currently available for Interest Rate Swaps in USD, EUR and GBP
Determined each day at 11:00am Eastern Standard Time and published by 11:35am
Sources transactions from the DTCC DDR real-time public dissemination feed

On the ClarusFT site: http://www.clarusft.com/about/theteam/

Amir Khwaja

Amir has more than twenty years experience in OTC Derivatives and Technology. His prior positions include Director of Risk Management and Financial Engineering at Calypso Technology (2005-2012), CTO at SunGard Trading and Risk (2002-2005), CEO & Founder at Kronos Software (1998-2002). Amir started his career at Chase Manhattan (now JPM) as an IT graduate trainee in 1988, after a degree in Mechanical Engineering from Imperial College London.

Gary Kennedy

Gary has more than fifteen years experience in OTC Derivatives and Technology. His prior positions include Principal Financial Engineer at Calypso Technology (2005-2012) and Senior Quantitative Analyst at Sungard Trading and Risk (2000-2005). Gary started his career at First Derivatives after graduating with a degree in Mathematics from Queen’s University Belfast and a PhD. in Pure Mathematics, also from Queen’s.

Tod Skarecky

Tod has twenty years experience in OTC Derivatives technology. His previous roles at Calypso Technology (2006-2013) included Business Development and Solution Architect for their OTC Derivatives solutions, where he was instrumental in the design and growth of clearing solutions for CCPs and FCMs. Prior to Calypso he ran operations in London and Australia for FNX Ltd (1994-2006). Tod holds a Business degree from Emory University.

We have a team of experienced consultants that individually or as teams are able to provide the expertise that financial firms need to make strategic decisions and successfully deliver projects. Our expertise covers product and project management, business and industry analysis, financial and software engineering, functional and technical architecture. Our engagements range from 5-10 day assignments, 2-3 month projects through to multi man-year engagements.