The strategic capital markets platform for banks’ digital transformation and operational excellence. Proven, powerful and award-winning – and with over 25 years’ market expertise – Summit by Teciem is specifically designed for the OTC derivatives market, supporting business growth, improving STP and shortening time to market while reducing costs and managing compliance

Factsheet Contact

“At Teciem, our mission with Summit is to empower financial institutions to operate with greater agility, transparency and resilience across their capital markets activities.”

Elena Nicolescu
Product Director of Summit

Relied on by 100+ of the world’s top banks to support and manage their trading activity

Core functionality and connectivity

Assisting investment banks, asset servicers, development banks and commercial banks to manage their trading and investment portfolios, with complete front-to-back coverage, Summit automates complex and intensive workflows and provides extensive out-of-the-box connectivity with leading trading platforms.

Robust and enriched, from front to back

Summit delivers significant strength and performance, from focused trading desks or broader capital markets management, through to asset-specific back office or complete, consolidated cross-asset operations teams.

Comprehensive cross-asset trade management

Summit provides trading and risk management for the widest range of financial instruments from vanilla asset classes to the most exotic/hybrid and structured products. As markets change, client flows evolve and businesses grow, Summit remains relevant, purposeful and dedicated to capital markets needs.

Efficient and consistent, AI-assisted workflows

Summit captures the lifecycle of trading, while streamlining operations – automating workflows from real-time trade position views to confirmation generation, settlement messaging, payment processing and accounting.

Innovation-led enhancements

Summit significantly streamlines upgrades, reducing customization efforts, and enables automated testing of millions of test cases through investment in CI/CD. As an example, AI pre-settlement matching, automates back-office processes by mapping various input data formats to the Summit data model – an innovation that has already garnered two awards and generated significant client interest.

40%

of top 20
development banks
use Summit

35%

efficiency gains
from AI-infused development
and support processes

50%

increase in trade volumes
(for structured products)

The scalable solution that delivers – today and beyond.

Front office

The breadth and depth of capital markets management starts with the ability to capture value and show how it changes with time in the front office.

Trade booking with pre-deal analysis and limits and compliance checks
Cross-asset pricing, covering standard and advanced models
Reports including: P&L and Greeks, real-time position monitoring, cashflow projection and simulated risk analytics

Back office

Managing post-trade workflows depends upon having a solution that encapsulates operational expertise and decades of trusted experience

Matching
Confirmation
Event-based validation workflows
Settlement
Payments
Accounting and hedge accounting
Swift ISO 20022

Risk management

Monitoring and managing risk is central to the success of financial institutions, complementing trading and position management

On-the-fly aggregation, trade drilldown and analysis
Market risk: VaR and back testing, stress tests
Credit risk: Credit limits with pre-deal limit checks, potential future exposure, CVA/DVA and FVA
Collateral: Variation and initial margin, margin calls, SIMM, collateral optimization, dispute and reconciliation

Regulatory compliance

Summit helps to unify and streamline compliance within frameworks and regulations

Basel IV: FRTB-SA, SACCR and BA-CVA
Reporting: MIFID 2, EMIR, SFTR, FinFRAG, CFTC, MAS

Innovation-led enhancements

Specialized trade management. Tailored for you.

Summit is a comprehensive, strategic solution that automates and optimizes workflows, reduces operational risk and frees up more time for you to invest in growing success.