The APeX Risk Management System was designed and implemented through a collaboration of an experienced trader and quant whose work has included the design of swap and exotics risk management systems at several top investment banks. Integrated risk-management system available as a turnkey NT application. Advanced Term Structure Analytics: Multi-factor Heath-Jarrow-Morton (HJM) simulation model, BDT/BK, Hull-White Multinomial Short-Rate Lattice Models with innovative fast calibration methodology. Trader-friendly deal templates for standard products and an ideal structuring tool for non-standard and one-off payoffs: Formula-based coupons. Flexible, user-defined curve-building techniques and inputs (Cash, Futures, ParSwaps) with ability to incorporate Year-End Turns and anticipated FOMC rate hikes. Modular, 3-tier system architecture: ANSI-C++ analytics libraries, VB/OLE/Java presentation layer, Database access through vendor-neutral DBTools layer. Copyright © 2000 Panalytix, Inc., All rights reserved.