Our Core Concentrations are as follows:

 Business Model Definition & Strategic Change
    • ROE base impact analysis off each regulation on business lines: FICC, Prime, Repo, Sec Lending, Prop Trading, Structured finance etc
    • Balance Sheet effects in terms of RWA (market/credit) and Leveraged Ratio on each business line per product
    • Analysis of non income generating business lines & break even points and exploring strategic alternatives of offshoring/outsourcing
    • Understanding effects off disruptive technology and threat of non banking competitors on various business lines
    • Developing new business and breaking through new markets:  market intelligence,  a detailed breakdown of competitors’ pricing & services, strategic planning of how best to position oneself in a competitive market
  • Creating a pipeline and ‘Book of Works’ over 36 months incorporating strategic vision, change and implementation planning
XVA Applications
    • Setting up and implmentation of XVA desk (i.e. CVA, DVA, WWR, FVA, KVA etc) from methodology, business set-up, business mandate policy and desk management:
    • Provide stategic knowledge on Valuation and Hedging of CVA counterparty exposures for both liquid and illiquid counterparty exposures in addition to hedging market risk exposure to CVA/DVA.
    • For Wrong Way Round Risk (WWR) provide approach to implement and hedge the exposure
    • For FVA provide best practice on valuaton and managing of risk in relation to the Bank’s derivative funding requirements. 
  • Capital optimsation of CVA counterparty exposure under Basel 2.5 CRDIV.
Collateral Management
    • Building & designing a fully functional collateral platform integrated with settlement, custody and valuation
    • Performing Gap analysis of current architecture, challenges, process inefficiencies and risk assessment with industry peers
    • Designing Enterprise collateral management operating model with firm wide inventory view and exposure netting across business units
    • Designing Collateral optimisation engine
    • Designing transfer pricing methodology and implementing workflow between front office business lines
    • Solutions around Initial Margin for Non Cleared Trades: bespoke model build or vendor selection
    • Buy vs Build vs Outsourcing cost-benefit analysis analysis
  • Service provider and Vendor selection:  analysis and rating of service provider and vendors with respect to client needs incorporating best fit, cost and various other criteria
Clearing Services
    • Understanding Clearing infrastructure: execution, novation and modelling mechanism (agency vs principal)
    • Overview of latest developments across CCP’s in APAC
    • Choosing a CCP: differentiating factors :

        • risk management policies
        • default management structure
        • membership requirements
        • ‘preferred CCP’ risk weighing
        • collateral acceptance criteria
        • cross margining capabilities
      • CCP’s own fund contribution (skin in the game policy)
    • Margining Policies of CCPs across Asia: Basel capital charges (qualified vs non qualified), initial and variation margin, client collateral segregation models
    • Collateral Management platform: single margining across cleared and non cleared trades
  • Interoperability and cross margining: operating models
Post Trade Services
Scope: Our post Trade Services can be applied across asset classes of OTC derivatives, Listed Derivatives, Fixed Income, FX and Equities
Key areas of Post Trade Services:
  • Pre Trade: KYC/AML, Credit Limits Mgmt, “What if Scenarios”
  • Post Execution: Trade Booking, Trade Enrichment, Confirmation, Affirmation, Matching/Reconciliation
  • Collateral Management:  Valuation of Trades, Valuation of Collateral, Applying CSA terms, Collateral selection and posting
  • Back Office:  Clearing & CCP, reconciliation, settlement, corporate actions, recall and substitution and reporting

Our Approach is to perform the following:

    • Gap analysis of an institution’s current capabilities in all the key areas above versus regulatory requirements & best practices including peer group benchmarking 
    • Analysis and planning of new organisational models for post-trade processes
    • Technology definition: Solutions Architecture for future target operating model
    • Technology Strategy:  Cost Benefit Analysis comparing build vs buy vs outsourcing
    • Project Management of new organisational architecture and implementation
Credit Risk Management (this module is only delivered by Michael Bryant)
    • Overview credit risk modelling structure & methodology: moving from CEM  to Standardised approach
    • Defining and building credit risk policy and limits for counterparty risk management
    • Credit Risk methodology: PFE calculation using add on or Monte Carlo
    • Basel 3 Risk Weighted Assets for credit (CCR); strategies to lower RWA
    • Understanding credit risk systems.  Operating model around limit exposure management & ratings methodology
    • Defining CVA methodology and business process
  • Building CVA desk: Full Cost/Benefit Analysis & technological requirements / Organisational definition
Blockchain solutions development & implementation
    • Deep dive into current banking workflows within bank’s front, middle, back office to identify areas for disruption
    • Feasibility studies and impact analysis of replacing identified workstreams with blockchain technology
    • RFP & Due Diligence on Blockchain platforms
    • Development phase: creating digital financial instruments on blockchain, defining smart contract templates and developing interfaces with existing internal banking systems
    • Designing target operating models within blockchain with payments and settlements and reconciliation workflows
    • Planning and delivering: implementing blockchain, UAT and parallel runs
    • Defining client on boarding parameters including KYC and AML
  • Client on boarding and implementation onto blockchain
Business Development Services
    • Product Definition: suitability for APAC region
    • Gap analysis with market competitors & with industry best practices
    • Identifying key jurisdictions / target countries in the region
    • Regulatory impediments and limitations per jurisdiction for new product e.g. regulatory outsourcing approval
    • Create target list of clients across jurisdiction by client segment
    • Establish wallet sizing, budget, cost & revenue estimates and create pipeline
  • Originate marketing strategy around new product for region
Vendor Selection
    • Performing business requirements analysis for next 7-10 years based on business and support group feedback
    • Gap analysis of existing system and architecture
    • Propose Future State architecture
    • Building a non functional requirements database e.g. hardware, security, maintenance etc
    • Identifying key jurisdictions / target countries in the region
    • Creation of ‘Future State’ Architecture
    • Creation of RFP template and assessment scoring model
    • Creating overall vendor scope and performing first round of due diligence
    • Performing second round of due diligence and shortlisting vendors
  • Detailed integration of new vendor system in client’s Target Solution Architecture.