Financial Services Sell Side
Expanding the Depth and Quality of Financial Data:
|Your role:||Your data management challenge:||How Asset Control can help:|
|Head of Trading
|Chief Technology Officer (AKA, Chief Information Officer)||
|Chief Operating Officer
|Head of Risk/Prices and Curves||
For banks and brokerages moving assets across a global marketplace, the high-stakes challenges include:
Managing more complex data setsSeizing opportunities in new markets demands a capacity for managing more demanding data. Your portfolio includes sophisticated products, such as derivatives and other nested products, that rest on complicated analyses and the linkage of traditionally separately traded assets. In addition, cross-border trading may require the reconciliation of different identifiers. Frankly, juggling multiple versions of spreadsheets is no way to bring these and other complex data sets under control.
Obtaining complete, up-to-date data
Current, clean pricing data forms the foundation for trading decisions and accurate valuation. But too often, traders and risk officers operate in the dark and there is insufficiuent transparency as to instrument terms of conditions and the composition of underlying portfolios. Data from commercial sources may be late or incomplete, frustrating your ability to construct reliable prices andcurves. Internal sources, however, present a disintegrated data picture that requires integration -- and the ability to absorb new sources as they emerge.
Mastering multiple regulatory environments
Different countries have different regulatory requirements: Sarbanes Oxley in the United States, MIFiD in Europe, and Basel II in an ever increasing number of jurisdictions. Your data must support their reporting requirements with a transparency that dispels suspicions and encourages trust.
Targeting exact reserves and VaR levels
Accurate historical data and complete insight into a product’s price drivers helps banks set precise reserves. More importantly, it gives regulators greater confidence in your VaR evaluation that may reduce reserve requirements.
Reducing operating risks
Banks face multiple threats in market, credit and operational risk. Rapid access to accurate data reduces your exposure to price volatility, credit risk, and internal failures within systems and compliance structures. To reduce operational risk that arises from settlement backlogs, industry participantsneed a common understanding of terms and conditions, not to mention unique identification of instruments and trading counterparties in the first place.
Our deep international experience and expertise allows us to craft solutions that meet the challenges of the most data-intensive traders. As an alternative to fixed data services or spreadsheet work-arounds, our products allow you to:
Think big by thinking small:Many solutions providers demand a labor and resource intensive investment up front. Asset Control solutions are deliberately modular – you can begin by tackling the data piece most important to you. As your firm grows, your data structure can grow with it. And we make it easier for you to integrate your previous IT investments into a workable whole that crosses data silos.
Make accurate valuations:Backed with years of sell side experience, Asset Control leverages advanced data models that expose and integrate the different individual value drivers underlying today's complex instruments. Now your master data can link commodities data with interest rate, currency, equity, credit and macro information into a complete and accurate picture of asset value.
Add new sources on the fly:Asset Control integrates all data streams into one consistent format under your command. Need a new source? No problem. Our adaptors will have you up and running immediately.
Make changes without pain:As you create new instruments or incorporate new sources, you may need new data fields and identifiers. Asset Control allows your business analysts to make the adjustments you need without new coding or the services of a database developer.
Get updates fast:Asset Control continually monitors source changes and delivers updates to your team automatically – no disruptions, no hassles.
Manage workflows:We favor substance over flash through tools designed to process large volumes of complex data with multiple attributes. To simplify front office deployment, data management and instrument setup, Asset Control offers role-based, configurable workflows that can be adjusted by function and need.
Ensure transparency:It’s not just the regulators – in an environment with scarce capital, proprietary trading is under increased scrutiny and your savvy clients insist on transparency. In an environment where you're obligated to demonstrate your integrity and justify your decisions, Asset Control solutions maintain an audit trail that brings transparency to your pricing and valuation policies.