- Data Migration and Data Management
- Reg IM – Is Wave 4 playing second fiddle to Brexit?
- Reg IM – Are You Ready?
- Reg IM – No need to panic
- Initial Margin Regulation for the Buy-side
- Agile Steps on the 1,000 Mile Journey
- The BPA Collateral Conundrum
- Increased collaboration using DevOps
- Improved Delivery of Technology Solutions
- IT Department Transformation
- Enterprise-wide Agile Deployment
- Enterprise-wide Agile Deployment
- Consultancy services for fast paced business
- Global fund data warehouse
- Global risk management solutions
- International custody data platform
- IT and technology for global business
- Overcoming siloes
- Taking programme management to the next level
- Unifying business operations
International custody data platform
International Division of a major US Investment Bank develops and deploys a custody management & reporting system to record & report on proprietary and client positions in fixed income products across all custodians.
The challenge
22 clearing houses and custodians serviced the settlement and custodian function throughout Europe, Asia Pac and Latin America for the firm. An aggregate view of trade date, value date and settled positions was needed to manage settlement risk and provide a single view by product and client.
The solution
Rationalisation of custodians reduced service providers to 8 across all regions.
A data warehouse was designed to provide a 3 dimensional (Custodian, Product & Client) view.
Trading and settlement platforms were integrated to supply the warehouse with the impact of all transaction activity.
The results
The firm had a single source of custody data to perform holistic client reporting, reconcile custody positions, manage bond borrowing and lending activity, perform valuations and manage settlement risk.