How Agile Improves Workflow
Agile’s browser-based platform is easily accessible and works with any hedge advisor, so self-hedgers or clients of hedge advisory firms are able to integrate Agile smoothly into their existing workflow. Lenders can select which brokers see a trade request and have the flexibility to choose the broker that is not the best execution, which may be a favorable option when considering things like counterparty exposure and margin management. Agile provides lenders with a position summary and P&L for individual broker-dealers.
Agile has a suite of read-only reports which make it easy for other departments like finance and accounting to confirm trades and review the day’s activity. I remember having issues with the missing confirmation problem between accounting, capital markets, and the broker-dealer. It was inevitable that the missing trade was the one that was most in the money, and I was not sure of my exact exposure.