New options trading model functionality available to all I-STAR/CORE users

NRI, a leading provider of consulting services and system solutions, today announced that I-STAR/CORE has added a new function to respond to a new listed options trading method, Flexible Options. The new method was recently introduced by Osaka Exchange, Inc. (OSE) on June 25^th, 2018.

With Flexible Options trading, contract terms are negotiated and customized, registered with the exchange and then delivered to financial institutions twice a day. I-STAR/CORE, which was recently revamped with enriched real-time processing, reliability and expandability, has now added functionality that can automatically upload the security information as it’s delivered twice a day.

As a result, all I-STAR/CORE users can now process the following post-trade processing on the same day:

(1) Manage limitation of positions and deposits

(2) Engage in market syndication, reconciliation and accounting

(3) Create regulatory reports for external institutions that are compliant with market standards and ongoing mandates