Remake of the Retail-Workbench and product database
About This Project
Remake of the Retail-Workbench and product database for a domestic bank
Project Scope:
- Aim is the remake of the existing Retail-Workbench and product database for the Retail Structured Products market. Therefore existing systems will be adjusted to the new requirements of the departments and regulatory institutions
- The adjustment of the existing system structure allows a faster issuing-process, more efficient handling of post-trade-processes as well as to fulfil the requirements of the PRIIP regulation
Project Results:
- The varying product structures were bundled and can now be adjusted to the requirements of the market participants
- Increase in market shares
- Increased efficients while reducing the operational risks
- Development of a central database independent from other information suppliers
- Delivery of all relevant input-data to the EDG and implementation of a risk indicator
Customer Value:
- The competitiveness of the bank increased in the context of new issues
- Faster decision-making regarding the deisgn of new products during customer inquiries (Derivatives on demand)
- Increased efficiency throughout the whole development- and issuing-process in combination with a complete lifecycle management
Category
Trading & Capital Markets