Fund Managers especially in fixed income will at times be faced with a situation where there is need to discount an already existing Fixed Income instrument to entice more investors.
Fixed Income Rediscount features have been carefully crafted in FLEX IMS to ensure that Flex users are able to efficiently utilize the functionality with ease.
Extensive reporting has been developed around this module to ensure that historical rediscount around running and / or matured instruments is always available for reference.
The module has been incorporated with compliance to ensure that rediscount transactions do occur within the set compliance rules without any breaches.