Mugunghwa Information Technology develops and provides integrating capital markets platform that encompass the entire capital market operations, including product design, trading, evaluation, as well as risk management and trade margin.
- Capital Market
Financial products refer to the various tools related to the capital raising and operations of financial institutions which are including not only traditional financial instruments, stock and bonds, but also the derivatives and structured products based on underlying the such as stocks, bonds, foreign currency, credit spread and other physical commodities.
- Capital Market Operations
the scope of the work for Capital Market operations which is mainly related with capital raising and operations, are very extensive such as design, calculation of intrinsic value, trade and contract and life cycle management through various financial instruments. Accounting and Regulatory reports are included in the work scope.
The computer systems supporting capital market operations are experiencing rapid growth due to the increasing volume of transactions in traditional financial products, the emergence of various new financial products, and the development of trading techniques. The types and trading volumes of capital market products traded in OTC Market, outside of traditional stock exchanges, often exceed those traded on stock exchanges by several hundred times. The daily settlement amounts also reach unimaginable levels. As a result, government regulations worldwide are becoming increasingly sophisticated, leading to a continuous expansion in the demand for computer systems related to these activities.
- Growth potential
The capital market business is generally divided into Front Office, Middle Office, Back Office, and other analytical functions. Mugunghwa Information Technology is the only company in Korea that has a complete lineup of computer systems capable of supporting all the activities related to OTC market products on a single platform.
The IT Financial Business Division's Symphony (Capital Market Support System) includes a wide range of capital market financial solution products that support the entire life cycle from Front Office to Middle Office and Back Office.
- Front Office Support
FDK (Financial Engineering Evaluation Engine)
SPC (Financial Product Design and Management Tool)
STP-Trading (Capital Market Product Trading Management) - Middle Office Support
SPC-Position (Capital Market Product Position Management)
SPC-LifeCycle (Capital Market Product Life Cycle Management)
SPC-Simulator (Capital Market Simulation Analysis)
SRM (Capital Market Risk Management System) - Back Office Support
SBO-Settle (Capital Market Settlement System)
SBO-Account (Capital Market Accounting System)
SBO-Report (Report Generation System) - Other support
SIMM (Initial Margin Management System)
MM (Margin Exchange System)
TR (Transaction Information System)