Real-time cashflows for complex derivatives
Each party calculates its own cashflows and works backwards from the differences. Float processes every lifecycle event as it happens and calculates cashflows from inputs both sides agreed.
Our approach
A shared model for every event
The full lifecycle of a trade, from allocations to barrier events, is shared over the network as it happens. Cashflows are calculated in real time, so you and your counterparties work from the same deal state and generate the same payments.
Data model
Early accessEvery event, one standard
A normalized, cross-asset data model built on FloatML describes every event the same way, so you and your counterparties communicate events and manage workflows consistently.
Lifecycle engine
Early accessDeal state, managed in real time
Trade events, including allocations and amendments, and contractual events, including unwinds, novations, and barriers, are standardized and processed as they happen, keeping every deal's state up to date.
Cashflow engine
Early accessCashflows for complex derivatives
Float calculates cashflows in real time from agreed events, for anything from vanilla options to complex structured products, so you can validate them early and derisk settlement.
Built for complex products
From path-dependent payoffs to netting across counterparties, every event and cashflow is handled in one place.
Complex schedules
Path-dependent and exotic payoffs, from autocallables and barriers to dispersion trades, not just vanilla coupons.
Real-time monitoring
Track expiries, barrier breaches, and resets by product and counterparty, with alerts as they happen.
Fix breaks at source
Correct an event and the affected cashflows recalculate automatically, so breaks are fixed before they reach settlement.
Netting and settlement
Net and approve payments across counterparties and fund administrators, with SSI management built in.
One connected trade lifecycle
Lifecycle and cashflows build on every other step on Float, so events start from agreed terms and approved payments reach every party that needs them.
Trade capture and affirmation
Events build on trades already captured and affirmed on Float, so the lifecycle starts from agreed terms.
Reconciliation
Both sides process the same events, so positions and cash match by default and reconciliation only handles the exceptions.
Fund administrators
Approved cashflows pass straight to your fund administrator, with no separate file to agree.
Your systems and agents
Events, cashflows, and deal state are available over API, so Sterling or your own agents can act on them.
Join the early access program
Process lifecycle events in real time, calculate cashflows from agreed terms, and validate payments well before they settle.