Matrics is designed to fulfill the needs of a wide range of different user types across an organization. The sophisticated user, relying on Matrics as his or her main working tool, will appreciate the many powerful features that make the working day maximally efficient. Occasional users or top management, on the other hand, may only want access to some piece of relevant information, without spending valuable time to find out how. Matrics provides these with easy access to on-line reports and charts stored in a windows like folder structure. The available information can be completely customized to meet the particular needs of your organization, thus giving non-sophisticated users direct access to relevant real-time information (and nothing else!).
All views in Matrics can be customized by the user. Simple read-only screens can be configured once and for all for the occasional user, while the advanced user can tailor any number of screens to suit his or her main tasks and personal preferences. Sorting, grouping, filtering, and visible columns can be changed with a few clicks. Unnecessary information is easily removed, allowing each user to concentrate on his or hers primary tasks. For example, a user working exclusively in the dry market can remove all tanker prices with a few clicks. Not only will the tank indices disappear from all grid views. They will also disappear from drop-down lists etc. ·
All users will appreciate that once you have organized the information as you like it on your screen, Matrics will remember the layout. Non-sophisticated users, in particular, will love the fact their screens can be set up once with all the reports and views they need. Each time they start the application, their views will be available with updated data without any need to remember menu choices or complex procedures.
Each object type in Matrics (for example portfolios, counterparties, brokers, vessels, users, indices, reports, charts, etc.) are organized into a separate folder tree. The folder trees are similar to the Windows file system and intuitive to the user (but stored in the Oracle data base to ensure data integrity together with the rest of the application data). The folder structure is completely user defined and easily modified through intuitive drag and drop operations. Tailoring the folder structure to suit the needs of your organization will help users find information of interest and simplify a number of operations in the system, such as filtering and grouping reports, setting permissions, etc.
Almost all objects in the system can be displayed both in a list oriented "grid view" and in a "detail view". Grid views are useful for overview, searching, and navigation, while the detail views displays all properties for a single object. Navigation is very quick because all views seeing the same objects are linked: The detail view will always display the current object from the corresponding grid or folder view. All grid views allow block-wise copy/paste operations and direct export to Excel. As all users of spread-sheet based systems knows, a block-wise paste is often the most efficient way to update many objects. Still this functionality is seldom available in database based systems, probably because the pasted data must be properly translated via the relevant "drop-down" lists, checked against permissions and legal values, etc. Matrics handles all these cases automatically and will give appropriate error messages if the pasted data is not allowed in a particular column.
Most operations in Matrics are highly optimized. Calculations of portfolio-wide P/L, positions, value-at-risk, sensitivities, what-if analysis etc. are normally fast enough to be perceived as virtually immediate by the user. This is possible by combining well-designed mathematical models and optimized implementations. There is no need for off-line batch processing and the results will always be up-to-date.