Creating Streamlined Middle-Office Processing
Multiple departments within a major hedge fund were referring to multiple Excel tables and affirmation platforms to confirm their trades.
We created a unified trade affirmation/confirmation view across futures, bonds, and OTC derivatives for our client. We also provided exception GUI with middle-office functionality and a rich MIS toolkit to evaluate volumes and operational productivity, and full connectivity with MarketWire, ICE Link, DTCC, OASYS, and multiple futures prime brokers.
Our client saw a 41% decrease in tech spend and processing costs by reducing their vendor license costs and eliminating their Excel-based exception monitoring.