Worlds allow you to group transactions of any kind into a "parallel world" to segregate them. You can create a new world at any time, and switch freely between different worlds.

Segregated transactions and effects

In a parallel world you can enter transactions and view reports as normal, but each transaction is segregated within your world, and every report sees only the transactions entered in your world.

Creating a world is similar to taking a perfect copy of your company's entire database but instantly rather than in minutes or hours, and without the data storage overhead. Instantaneous creation makes it possible to quickly create a new world to explore the effects of a series of transactions, such as trade ideas and hedges, or the effects of counterparty default or interest rate changes. In fact, it's possible to explore the effect of any kind of transaction your system knows how to capture. Worlds are perfect for exploring the effects of transactions without committing to them, and without disrupting on-going business activities by commingling certain and uncertain transactions.

Sharing a world

A group of people can work together in a parallel world to accomplish complex activities such as finalizing a year-end based on the closing year's transactions, without transactions from the new financial year affecting the numbers and without any pause in trading.

Merging worlds

You can "merge" worlds together by bringing in all or some of the transactions from another world. For example, you can commit to a trade idea and its hedges by merging the world in which you explored the required transactions and effects. Or when finalizing a year end, bring in specific individual transactions that were only booked after the period closed.

Audit trail

Worlds are fully compatible with our audit trail technology, so each world has its own independent audit trail of all transactions including those from the original world it was cloned from, any new transactions that have been entered, and any transactions that have been merged from other worlds.

Example uses

  • Switching to a broker that uses completely different security identifiers without disrupting trading
  • Restructuring and enhancing internal data, and updating multiple reports to match the new data structure
  • Preparing and dry-running a better business workflow
  • Structuring, hedging and testing the effects of a complex, multi-step trading idea
  • Understand the effects of uncertain transactions

How can we help your business?

Please contact us to discuss your questions.