BankerTek Case Studies
BankerTek Case Studies
BankerTek has been involved in many interesting and cutting edge client initiatives, too many to mention for this forum. Below are selected Trade Advisory engagement case studies.
Major Financial Services Company - Securities Lending System Replacement and Migration
The Project
For a major Financial Services Company, the current operating environment supporting Repo trading is limited in its ability to support several Repo transaction types that are now being executed as a result of a recent merger. The client is faced with alternative solutions including building a new Repo system, purchasing a vendor package, building out its current capabilities within the existing vendor Repo solution suite, and/or source Repo trading, clearance, settlement and custody to a third party robust platform. BankerTek Consulting was asked to project manage the system replacement and migration to facilitate Repo and securities lending including payments and settlement of Domestic and International Fixed Income and Equity instructions originating from Tokyo and settling at DTCC and/or Euroclear and for future connectivity of other in-house mission critical applications.
The Client
The Financial Services Company selected BankerTek to improve the overall processing efficiency by replacing and upgrading to an existing robust vendor system utilizing Application Programming Interface (API) protocols to provide a seamless integration to the respective Fixed Income and Equity processing departments.
Our Work
BankerTek provided project management and subject matter expertise to coordinate initial project planning, vendor management, subsequent testing and end-user training required to realize the future state vision and STP initiatives.
Credit Derivatives System Implementation for Major U.S. Banking and Financial Institution
The Project
For the world's largest Credit Derivatives Trading Firm, BankerTek was asked to project manage the implementation of Murex for the 300 members of the Credit Trading Department. This included Front Office, Middle Office, Technology and Operations in four locations (New York, Houston, Delaware and Mumbai). Concurrent to the implementation process was extensive training and functional support for the department. Murex replaces 3 separate internally-built Trade Processing tools and additionally has been configured to feed downstream Trade Management and Risk Analysis tools.
The Client
The firm selected Murex to improve the management and reduce the processing time of over 3000 daily transactions in 150 separate trading accounts. In addition, Murex is expected to provide accurate reporting of Risk, P&L, Confirmations and Financial Control. Other anticipated benefits include risk simulation capability, DTCC compliance, accounting and transparency.
Our Work
BankerTek provided project management, Murex training and subject matter expertise to coordinate initial project planning, perform the needs assessment, and implement the strategic and tactical goals of the project.
Equity Derivatives System Implementation for Major U.S. Banking and Fund Management Institution
The Project
For a major U.S. Equity Fund Management Firm, BankerTek was asked to provide systems support for the trade capture, risk management/reporting and operations functions for the equity products traded within the capital markets arena. Support for these functions required an understanding of Calypso's 'Front-to-Back' trade processing system, accessed by interaction with several kinds of users including traders, portfolio managers and operations staff.
The Client
The firm selected Calypso to because it provides functionality and configurability through a rich set of applications for general usage and configuration, an underlying architecture that supports real-time processing and a developer's toolkit for extending the system.
Our Work
BankerTek provided project management, Calypso training and subject matter expertise to integrate static data, including the configuration of workflows for trades, messages and payments.
Credit Derivatives System Implementation for Major U.S. Banking and Financial Institution
The Project
For the world's largest Credit Derivatives Trading Firm, BankerTek was asked to project manage the implementation of Murex for the 300 members of the Credit Trading Department. This included Front Office, Middle Office, Technology and Operations in four locations (New York, Houston, Delaware and Mumbai). Concurrent to the implementation process was extensive training and functional support for the department. Murex replaces 3 separate internally-built Trade Processing tools and additionally has been configured to feed downstream Trade Management and Risk Analysis tools.
The Client
The firm selected Murex to improve the management and reduce the processing time of over 3000 daily transactions in 150 separate trading accounts. In addition, Murex is expected to provide accurate reporting of Risk, P&L, Confirmations and Financial Control. Other anticipated benefits include risk simulation capability, DTCC compliance, accounting and transparency.
Our Work
BankerTek provided project management, Murex training and subject matter expertise to coordinate initial project planning, perform the needs assessment, and implement the strategic and tactical goals of the project.
