A typical user scenario is to bring agility to applications already supporting basic structured products. With the addition of Instrument Box, such applications can immediately benefit from advanced features (such as valuation, reporting services, life-cycle processing) for a wide range and expandable list of derivatives.

Business challenges

• Respond to unmet analytical and processing needs in derivatives and structured products
• Handle the diversity inherent in tailored products
• Enhance knowledge in a vast and complex area
• Rapidly develop and market value-added offerings

Key features

• Enable immediate full generic support of derivatives at a fraction of usual costs
• Support the most common shapes of derivatives and structured products out of the box
• Access to LexiFi's ground-breaking algebraic and compositional description of financial contract semantics
• Create all kinds of value added features by using IB's carefully crafted API (e.g. pricing, quantitative tools, lifecycle, reporting)
• Generic entry-screen APIs to generate user interfaces for letting users enter or modify contract parameters
• Generic document generation APIs to produce HTML, PDF or Word documents such as term sheets, products reports
• Generic APIs mean that no ad-hoc support is required for each specific shape once the APIs have been integrated in the host application
• Development tools to potentially extend Instrument Box
• Access to the source code, to high-level consulting resources and to an extensive technology transfer program