This involves implementing CTS where not securities but OTC money market products are the subject. The following OTC products are supported:
During their existence OTC contracts go through various states and actions, e.g. payment, despatch of confirmation, or notification or termination of a contract. The actions can be generated in bulk. All events in OTC contracts and their revaluation or interest accruals are accounted for in the main ledger.
Contracts for OTC products are entered manually or using an interface from the system Kondor+.
Individual OTC contracts can be combined in structures that allow selected tasks to be undertaken in all contracts included in a structure at once.