Trading and Settlements
Over the last year, the global economic downturn has resulted in changes of historical proportions. The securities markets itself showed extraordinary volatility as the global economy suffered through the recession in 2008. As the markets are on a downward spiral, the various market participants, in 2009 would focus on upping their electronic execution by increasingly investing in electronic trading tools including algorithmic trading, bring in stricter risk management and compliance rules and procedures in place and controlling the overall costs through outsourcing.
Service Offerings
HCL's strong team dedicated to trading and settlements is uniquely positioned to deliver integrated services in technology and operations. For broker dealers, prime brokerages, investment banks and other trading firms, HCL offers solutions across the trade lifecycle in trade capture, order management and routing, trade validation and enrichment, confirmations and allocations, intra-day risk management and settlements.
Key Highlights
- Expertise across the trade lifecycle covering:
- Front Office: Order Management and Routing, Trade Capture, Pre matching, Trade incoming and Review
- Middle Office: Intra-day VaR reports, Limits Management, Reporting, Confirmation matching etc
- Back Office: Clearing and Settlements, Fees and Commissions, Payment Messages, Securities and cash management and custodian network management
- Strong experience in Third party technology products including:
- SmartStream, Summit, Wall Street Systems, Kondor+, STP Connect, Bloomberg, Reuters, SMARGARD, Currenx, DTCC DeriServ, DART, UPCS, Gifts, Documentum, Quadrus, MetaMatrix, Metatomix, SAS, Actuate and Hyperion
- Strong experience in handling automation of structured products in rates and credit swaps for major banks
