Enstep's Traders Workbench provides a sandbox for traders to value and analyze transaction sets. Forward curves can be modified without affecting any other users. What-if deals can be added to existing transaction sets and stressed together in mid-day, end-user-initiated valuation processes. Value-at-risk analysis can be performed on transaction sets containing one or more transactions.

Decomposes Risk

When new transactions are entered, Enstep automatically decomposes risk according to a deal type's risk profile as defined in Enstep's deal type factory. Each risk component is valued and managed independently, but can be aggregated together with other components of other deal types having the same risk component type.

Generates Value-at-Risk Statistic

Enstep comes out-of-the-box with two standard Value-at-Risk models, namely Parametric and Monte Carlo VaR. Both of these analytical models can be executed using data sets containing one or more transactions.

Incorporates External Valuation Models

Application users can value transactions using external valuation models, such as option or asset models. External models may be obtained from third-party vendors, or developed in-house, and connected to Enstep with little to no programming required.