In many banks, the derivatives sales model is based on a number of traders located in a central location who handle clients over the phone. This can lead to a scalability problem whereby you are overly reliant on a small number of traders. Moreover, because the sales people are usually less sophisticated derivatives users, it is more difficult for them to respond to market changes and create new derivatives products.
In order to support scalability of derivatives sales operation as well as provide flexibility in their derivative offerings, banks need collaboration tools that will enable the creation of pre-packaged products by expert users (for example, traders) which can then be distributed to the sales people. This means that the sales people do not have to develop new ideas; instead they can concentrate on distributing existing ones.
In order to support this using SDX Interest Rates you can:
Define roles within your company.
A role can also be known as a group or a user type. For example, you can define the role of structurer and the role of sales person, with each role having a different set of permissions within the system. This, for example, lets a structurer create new products while limiting a sales person to simply using the products created by a structurer without being able to change the fields.
For more information on defining the roles and their permissions, see Working with User Types and Access Permissions.
Use the different types of portfolio that are supported.
In the Portfolio page different portfolio types are now supported. This gives you greater flexibility on how you create templates/structures that can be used by other users. For more information see What Portfolio Types Are Available?.
Within a portfolio you can lock and link certain fields within an instrument.
Being able to lock fields is a useful feature for when you are creating a product intended to be used by another user. It means that not only can you create a product, but you can also ensure that subsequent users of this product cannot change its key characteristics, thus ensuring the consistency of the product when used by other people.
For more information:
On locking fields see Locking Fields in an Instrument in a Portfolio.
On linking fields see Linking Fields Between Instruments in a Portfolio .