International Bank

The derivatives market is the financial market for derivatives, financial instruments like futures contracts or options, which are derived from other forms of assets. The market can be divided into two, that for exchange-traded derivatives and that for over-the-counter derivatives. Our client set up a derivatives trading desk to trade on behalf of customers and on their own account.

Client challenge
How to reliably establish positions at any time;
How to ensure adherence to bank trading policy.

Our solution
Our team took charge of the back office functions to support the trading desk and quickly identified operational processes and internal controls needed to ensure the integrity of financial and accounting information, meet operational and profitability targets, and comply with management policies. We developed bespoke systems, formed an internal team and trained the team.

Outcome
A fully staffed and functioning and sustainable derivatives back office with controls and processes in place to grow.