Core - Lite: provide "essential"
features for standard/basic valuation, risk, structuring, and sales at
Core: provide virtually all
features for virtually any product/structure pricing, risk, structuring,
sales, and analysis.
Adv Trading: provide much
automation (e.g. virtually never touch a "cell" again by using
"ticketing", "curve", and many other "screens"), much additional
analytics (cheap/dear, spreads/combos/min-portfolios, cheapest to
delivery automation, etc), and various "turbo-charging" features for
"extreme" speed (e.g. portfolio of 5,000 swaps, real-time
Adv Portfolio: delivers complete
portfolio management with ticketing, many position reports, much
scenario analysis (not just positions, but also testing impact of
"potential" deals on positions, etc). Additional "turbo-charging"
as appropriate to large portfolios, and many "database" features for
analysis and auditing.