A large global bank was struggling to manage the expectations and requirements of stakeholders involved in a largescale programme. Brickendon was called upon to ensure that everyone involved was confident that the organisation’s money was being spent wisely, that the programme was meeting the organisation’s strategic goals and that the deliverables were clearly articulated, were […]
A Tier 1 investment bank was seeking to improve its testing processes and was keen to implement Brickendon’s specialised approaches. The bank engaged Brickendon to implement the bespoke approaches and to train its own staff to use the Brickendon processes efficiently and effectively. The result was the reduction of a three-week testing cycle to six […]
An international tier-one bank was implementing a Trade Data Repository (TDR) and required advice, management and expertise across a variety of problem spaces. A large team had been assembled to work on various aspects across the platform and Brickendon was asked to provide expertise to develop solutions across the entire range of activities. The original […]
A large international financial institution was struggling to acquire, maintain and manage multiple classes and hierarchies of data within existing systems and processes. As a result, they faced significant difficulty assigning credit risk and calculating capital requirements and RWA. They also missed out on product sales opportunities, and encountered various deficiencies with several ongoing regulatory reporting […]
XML (Extensible Mark-up Language) is the lingua franca for the exchange of information in the banking industry, but many institutions are struggling to use it effectively. Failure to correctly translate RAW trading message data into XML-related languages could cause banks to miss regulatory deadlines and incur large fines. Brickendon were engaged to develop a system […]
A large international bank was struggling with the reconciliation between assumed and the actual settlement of trades, which was costing them large amounts of money and considerable man hours. Brickendon were engaged to assess the existing situation, devise a programme to remove operational risk from the current process and to provide a strategic solution going […]
The client wanted a more robust, scalable and reliable solution for caching FX static data. The large legacy system was clunky and slow. Each trading system that used the cache actually only required small subsets of data for each transaction. Challenges To deliver big changes to the existing application, whilst allowing live trading to continue […]
The client needed an experienced programme manager with strong soft skills to help reorganise and reinvigorate a team seeking to recover from recent issues and deliver large-scale reference data change. The Challenges A need to have change accepted within the broader group of stakeholders A team structure was required to scale to meet the demands […]
A large UK bank required a solution to advise OTC derivative traders if they could trade a derivative with a counterparty The Challenges The user interface must be quick and easy-to-use in a busy trading environment Advice should be clear and specific. Can I Trade? How Do I Trade? The solution should be multi-asset, supporting […]
A major Swiss bank had created new sources of reference data to meet regulatory requirements, reduce Total Cost of Ownership (TCO) and realise bank-wide benefits. The foundational components were laid through the consistent definition of clients, sales contacts, settlement instructions, instruments, books and contractual agreements. In order to achieve the benefits of mastering this data, […]