Security Master Data Management demo

What the demo shows

Sets up and checks instrument terms from prospectuses and term sheets for reference data teams

The instrument anatomy is the screen: a new bond drawn as its own life, a timeline from issue to maturity with every coupon date, the step-up, the call schedule, the put and maturity, each node pinned to the prospectus page it came from; above it the key terms, below it a strip comparing every term with two vendor feeds, each disagreement priced on the firm's own position. Seven agents do the work. The Intake agent receives and links offering documents and notices in any language; the Setup agent drafts the full record from the document, every field cited, and leaves anything uncertain for a person; the Validator agent compares each term with the vendors and generates test cash flows and accrued interest; the Downstream agent shows the funds, orders, compliance rules and pricing models the record will touch and runs a dry-run publish; the Change agent triages the daily term changes by golden-source rules; the Challenge agent sends vendors the page as evidence and tracks the correction; the Quality agent checks the whole master nightly. One steward prepares, a different steward approves, and only then does the record publish to the trading, accounting, compliance, pricing and risk systems. Trading desks request and follow but never edit terms.

Transcript

1. 0:00Security Master Data Management sets up new instruments for reference data teams.
2. 0:07Only 12% of mid-sized managers say most of their data is mastered.
3. 0:15Quillfield is buying $220 million of a new Calderwick bond.
4. 0:21The Setup agent drafts 142 fields from the French prospectus, each cited.
5. 0:28Its whole life sits on one timeline.
6. 0:31Coupons step-up calls and put.
7. 0:35Four terms disagree. Page 47 says exact over 365.
8. 0:41Vendor, 30 over 360.
9. 0:46That would overstate the first coupon by $18,000.
10. 0:52Downstream, it touches six funds and 14 rules.
11. 0:58Lena prepares it. Priya, a second steward, approves before the trade books.
12. 1:06It publishes to seven systems.
13. 1:09The vendors get the page as evidence.
14. 1:13Every term cited, signed by two stewards, and logged.
15. 1:19248 this month, 14 minutes each, none unapproved.
16. 1:25Built on Botminds: agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.