Compress your KRW forward book, keep your risk
NetFX nets down redundant KRW deliverable-forward and NDF positions across your entire counterparty network — cutting gross notional and credit exposure without moving your net market risk.
Built for sell-side trade-ops running KRW books against onshore and offshore counterparties.
How it works
Three steps from a crowded book to a compressed one
Ingest the book
Daily trade ingestion from your booking system across every in-scope KRW pair and tenor.
Run the cycle
Monthly multilateral netting enumerates redundant cycles and proposes terminations and rate resets within tolerance.
Review & settle
Each counterparty reviews its cash impact and approves; compressed trades settle and gross notional drops.
The platform
A compression engine built for the KRW desk
Production-shaped multilateral netting with the controls trade-ops actually need — tolerances, consent, and full before/after audit.
Multilateral cycle netting
Directed-graph cycle enumeration finds redundant exposure loops across the whole counterparty network and nets them in a single multilateral run.
Risk-neutral by design
Compression preserves each dealer's net position, DV01, and settlement timing within agreed tolerances — only redundant gross is removed.
Before / after analytics
See gross notional, counterparty PFE, and per-pair exposure before and after every cycle, down to the individual trade.
Tolerance-aware optimization
Per-participant caps on cash, concentration, value-date and DV01 swing keep every result inside policy.
Consent workflow
Submit → review → accept / reject. A rejection triggers an automatic re-run; silence counts as consent.
KRW DF & NDF coverage
Purpose-built for USD/KRW, JPY/KRW and EUR/KRW deliverable forwards plus USD-quoted KRW NDFs.
Run a compression cycle on your portfolio
Talk to our team about onboarding your KRW book and seeing the before/after impact of a multilateral cycle.