We are a technical consultancy with offices in Singapore and in London with our partner firm InteDelta.
Our aim is the following
1. To provide technical expertise to Regional, Local & Central Banks develop new products, businesses as well as transform existing support infrastructure and processes into sophisticated enterprise platforms mainly in the area of Front, Risk, Middle and Back office segments of the bank
2. We have expert level working knowledge on all front office to back office including risk and collateral mgmt vendor technology and provide full support to Banks, central banks and buyside with a structured RFP and vendor selection process
3. We also help foreign financial institutions and vendors in setting up businesses in Asia where we have deep contacts and specialised subject matter expertise on local Asian markets
4. We are at the forefront of fintech developments with in house specialists in Cloud Technology, P2P Platforms and Blockchain solutions. We help banks with proof of concepts, development as well as implementation of such solutions as a part of their workflow
Post the financial crises of 2008, financial markets in Asia are faced with a more complex and regulated global landscape where the cost of trading, post trading & custody requirements are significantly higher. Markets today are undergoing tremendous change to ensure they offer a balanced framework of risk and efficiency. At the same time, banks are under pressure from regulations, disruptive technology & balance sheet constraints and as such are forced to adopt leaner less capital intensive models while investing in advanced risk management policies and framework while still ensuring that the meet the expected return on equity.
In this environment, Deriv Asia adds value to clients across the region by helping them to re-define their business model and ensure it in line with global trends, regulatory requirements and have the appropriate tools to capture risk, capital and the overall regulatory impact and costs to the balance sheet. We also provide expertise on re-engineering the front, back office & risk infrastructure and align the firm to industry best practices, regulatory compatibility, cost effectiveness and technological innovation.
We have strong knowledge of vendor technology and banking architecture and are regularly called up for vendor selection, due diligence and gap analysis of vendors. Concurrently we are plugged in to fin tech developments and are regularly advising start ups such as P2P, crowd funding platforms as well as cloud based providers on how their technology can fit into today’s financial market models.
Finally, we are also committed to the growth of the Asian region and are excited to work with both global financial institutions, buyside and vendors looking to expand their footprint in Asia. Through our strong regional network and in-depth intelligence of Asian markets, we will help you help you develop a strong business plan based that will help you monetise your offerings as well as understand the regulatory requirements in this fragmented landscape.
Deriv Asia has partners with InteDelta from the UK for approximately 70% of its consulting engagements. By combining the tried and tested expertise of InteDelta working with Global Banks in sophisticated projects from London and combining it with Deriv Asia’s deep knowledge of Asian markets, we have successfully developed a streamlined support model for helping our clients in Asia.
We are looking to grow our team with ambitious individuals living in Singapore who feel passionate about being here. As a firm, we strive towards contributing to the growth of the economy and social harmony of this country. We are grateful for a nurturing business environment in Singapore which has supported the growth of new businesses.