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, […]
The client was rolling out an ecommerce front-office application across 20 countries in APAC, Europe, US and Latin America. Brickendon was called upon to ensure the system was appropriately tested, making certain that the wide geographical spread of the employees did not affect the quality of the software. The Challenges There was only a small […]
A large international investment bank was struggling to utilise its management information (MI) effectively due to the vast number of different legacy systems in operation. The bank called on Brickendon to help consolidate the appropriate information systems, reducing the number of inputs and outputs, and correcting any errors in the collation process. In the long […]
One of the world’s most prestigious engineering companies embarked on a major programme of work to migrate the majority of its IT to new state‐of‐the‐art data centres. Brickendon was approached to provide strategic test consultancy on the basis of the expertise and reputation of our consultants. The objective of this project was twofold: in-house testing […]
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 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 […]
A Brickendon client was struggling to successfully consolidate all its sales data from different business locations in the same format on one overused, out-dated system involving several manual processes. The international bank engaged Brickendon Consulting to improve and enrich the flow of information into its sales data repository, to reduce the dependence on manual input, […]
Under the new European Market Infrastructure Regulations (EMIR) both counterparties involved in a trade are required to report their side of the transaction to a Trade Repository (TR). While financial counterparties and large organisations are able to meet these requirements themselves, smaller operations and individuals may not have the resources to invest in the necessary […]