roHIRST - Discounting and Forfaiting Solution

Forfaiters need a solution that gets the job done. Solution that can follow and adapt to changes in the business processes and technologies.

roHIRST is the trusted solution for forfaiters world-wide

Forfaiters know it's the numbers that count: it's crucial that the calculations are correct. In addition to this fundamental requirement, you also want a solution that is easy to use and allows you to extract vital management information, generate quality reports and stay in control of your exposure to the market. You also want a solution that adapts to changes in business processes and technologies.

Since its original release in 1981, roHIRST has established itself as the international standard forfaiting tool. It is the market leading, comprehensive solution designed specifically to meet the needs of forfaiters.

The solution offers great flexibility in the calculation factors. These include interest and discount basis, interest calculation method, grace day types, compounding periods and many more. All these can be set as defaults and amended for individual calculations.

Discounting can be performed using semi annual or annual compounded yield or margin, simple yield, straight discount, rollover yield or funding plus margin. The system can calculate the cost of funding using an average life or matched basis, applying rates held against the currency or input for the individual notes.

Portfolio Reports
The system supports extensive portfolio reporting. Exposure, P&L, Market Value, Income and Diary reports are a few examples. All can be exported to standard formats such as MS Word and Excel.

Enquiry
The on-line enquiry can be used to build customised reports or data extracts. The results can be viewed on screen, printed or exported.

Primary Calculations
Quickly calculate the future repayment values of a series of bills or notes.

Given the amount required by the exporter, calculate the buyer interest rate or adjust the contract value so that the exporter receives that amount after discounting.

Secondary Fixed Rate Calculations
Perform discount calculations on an existing series of notes.

Secondary Floating Rate and Loan Calculations
Calculate the value of an FRN or fixed or floating rate loan. The system calculates the net present value effect of accrued interest, and margin and funding differentials.

Sales
Calculate sale profit or loss on fixed or floating rate notes and loans.