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 and asset management institutions develop new products, businesses as well as transform existing support technology and processes into sophisticated platforms using best practices in the area of Front, Risk, (Investment Risk and Performance management for asset managers), Middle and Back office segments of the institution.
2. We have expert level working knowledge on all front office to back office including risk and collateral mgmt vendor technology and provide full vendor management and selection services to Banks, central banks and buyside with a structured RFP and tried and tested independent vendor selection process
3. We also help foreign financial institutions and vendors in setting up businesses in Asia where we have insight into the competitor landscape and have deep contacts with regulators as well as specialised subject matter expertise on local Asian market practices
4. We are at the forefront of fintech developments with in house specialists in Cloud Technology and Blockchain solutions. We help banks with proof of concepts, development as well as on chain development and 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.
What we do for Banks?
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, best practices 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 selecting the right technology from both a functional and non functional and services perspective.
For Asset Management firms
We have knowledge of investment management, investment risk, performance attribution models and asset management technology. Today’s asset management environment in Asia is challenging not only due to the uncertain global macro environment but also due to regional factors such as the inability of pension funds to match longer term liabilities with suitable long dated local instruments which particularly impacts life insurance and pension funds. Moreover the inability to do pre deal VAR based risk analysis on one’s portfolio or other complex scenario analysis is limiting the effectiveness of investment strategies. What Deriv Asia brings is a strong knowledge of investment management and best practices of global asset managers coupled with 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.
Deriv Asia is a partner company of InteDelta from the UK for approximately 90% of its consulting engagements are carried out by combining the expertise of both firms. 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.
Our subsidiary is called OnChain Asia. OnChain Asia’s main objective is to focus on fintech solutions such as Enterprise to Cloud transformation and also developing solutions onchain for digitalised tokens, workflows with smart contracts and integration of enterprise to chain solutions.