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, […]
None of us are strangers to change. So why is it that the financial services industry has such difficulty in implementing effective and lasting change? Of course it’s a highly complex landscape with multiple competing priorities, but it’s also an environment that contains some of the brightest and most driven people you’re ever likely to […]
Brickendon was engaged to assist in the building of a post-trade portal to be used by external clients of a top tier investment bank. The portal needed to allow various cross-asset trades, submitted to the Depository Trust & Clearing Corporation (DTCC) by the bank on their clients’ behalf, to be updated and resubmitted as necessary. […]
A large client was changing the way it managed its projects and wanted to establish a performance management framework to track and monitor success. It called on Brickendon to analyse the different stages of multiple ongoing projects and holistically evaluate the overall project management process. The aim was to highlight key problem areas and design […]
A prominent European bank with global interests and a large presence in emerging markets needed to urgently assess the impact of regulatory reform, and in particular clearing, on its OTC FX business. Brickendon was engaged to make a business case supporting a recommended strategy. The Challenges Formulate a strategy to meet the client’s anticipated regulatory […]
A prominent European bank with global interests and a large presence in emerging markets was replacing its legacy FX platform with a new system from a different vendor. The project had been significantly overrunning and the business required an urgent review of progress and approach. The client engaged Brickendon to conduct a review into the project […]
The central trading platform of one of Europe’s largest asset managers, trading a wide range of asset classes, had reached a de-facto end-of-life. Brickendon was initially engaged to undertake a review of the available applications in the market, to assess their suitability for the client’s business and to construct a business case supporting a recommended […]
The majority of market makers for financial products face very stiff competition to provide prices to their clients. Those who can provide their prices quickest to the market always get an edge on the competition, however, to provide an executable price to their clients, complex calculations are required in the background. Gathering all the input […]
Major banking and trading institutions that have implemented bespoke Distributed Sales Platforms (DSP) have witnessed greater market share, improved client satisfaction and increased profitability. Due to limited trade barriers and significant cost constraints (post the financial crisis), clients have moved towards institutions that have invested in their DSPs with relative ease and in a limited […]