Interest Rate Module

This module provides clients with a comprehensive Treasury & Financial Risk Management program that accounts for changes in interest and foreign exchange rates, which can affect the future cashflows, the financial structure and the corporate risk profile of an organization.

In this module, the following financial instruments are covered:

1. Forward Rate Agreement (FRAs) is a financial agreement between two parties, involving forward interest rates.

2. Swaps can be thought of as an exchange, physically or effectively, of a financial instrument with one set of characteristics for another financial instrument with a different set of characteristics.

3. Caps/Floors/Digitals are financial instruments designed to provide insurance for floating rate payers against rising/falling interest rates.

4. Swaptions or swap options are options on interest rate swaps.

5. Fixed Income are typically long-dated debt instruments that allow its issuers to raise capital.

6. CashFlow Analysis analyses cashflows belonging to financial instruments that do not fall into the common categories found in any of the other The PERMIT^®1 System platforms. It also allows users to capture long-term and short-term deposit structures.

A full listing of all the financial instruments covered in this module is available here.