Funding

ALaS CaPRI^TM contains the ability to automatically calculate funding cost estimates as a result of trading activity. On T+1, CaPRI will calculate position level funding estimate based on the Balance Sheet data.  In addition, ALaS CaPRI will automatically calculate and post funding adjustments to accounts for any balance sheet adjustments made by the users.  Finally, ALaS CaPRI can be configured to use different rates (Fed Funds vs Libor) and calculation methods based on the currency, legal entity or product group to calculate funding. These daily calculations and reporting of funding are meant to keep the “true-up” at month end as minimal as possible.