Client Software Solutions Case Studies
Inventory Order Management
A large tier one investment banking client sought to maximise internal inventory efficiencies between its agent lending, equity finance and repo businesses. MX consultants were responsible for the on-site analysis, design, build and delivery of a web based inventory and order management system. To counteract the many different systems and data setups the Inventory Order Manager mapped and managed trades originating in the front end trading systems of each business. The system enabled GC trades to automatically find the correct …
Read more4Sight & Global One Expertise
MX consultants have in depth experience of 4Sight & Global One and have delivered numerous projects like; Global One & 4Sight Implementations System migrations to / from Global One and 4Sight Managing major system upgrades Internal Book restructuring MX has a deep functional knowledge of both systems, their databases and messaging / file output routines. MX has built many critical front and back office client applications which are fed by or feed into 4Sight and Global One as well as managing complex changes to clients book structures to make …
Read more4Sight Implementation
Agent Lender moves from Global One to 4Sight MX project managed the trading system migration from Global One to 4Sight for one of the largest UK based European Securities Financing Agent Lending businesses. This was a major project which involved MX consultants acting as expert business and IT analysts, ensuring that the 4Sight system met the clients requirements, that the migration was properly managed and tested (including testing of all swift messages with multiple custodians) and delivered into production with …
Read moreRegulatory Reporting System
Understanding how regulatory change may impact your business and having the solutions available to deliver against the requirements is key to managing your business well. In the past many securities lenders have relied on spreadsheets or tactical solutions to supply data to regulators in an uncontrolled and unaudited set of process. In recent years the majority of securities lending businesses have also moved towards using tri-party agents to collateralise their daily loan positions which can complicate reporting as securities lenders often only hold within their …
Read moreCollateral and Cash Management System
A global bank needed to build a proprietary cash and collateral management system which would work on a 24×7 basis at three separate locations around the world (London, New York, Sydney). After intensive analysis the MX team developed on-site a web-based global cash and collateral management system fed in this instance fed by Global One which had 3 main parts: Complex Payment system – which allowed all cash activities to be managed via a web-based front end and monies paid away on an …
Read moreCollateral Triparty Valuation and Messaging Repository
The MX team developed on-site for the client a business application that provides an exposure management and messaging solution which unifies all of the leading industry Triparty service providers, offering a single-point entry to access each provider’s ‘home page’. Valuations are managed using Swift ISO 15022 compliant messages, namely outbound MT527 Triparty Collateral Instructions and inbound MT558 Triparty Collateral Status & Processing Advices. By interfacing with the client’s 4Sight securities lending platform, overnight and intraday valuations are reported to the …
Read moreOperations Trade Management & Messaging Platform
Straight Through Processing for Trade Instructions The MX team developed on-site for the client an asp.net web-based securities financing messaging system incorporating all the best of breed technologies to enable a major European London based securities lending client to STP and manage all its trade instructions through to its agent custodians. The application holds all the Standard Settlement Instructions (SSI’s) which are managed by a highly functional user interface. Mapping enabled the business to bulk lend fund positions and cross-border trade settlement improving revenue …
Read moreSwift Messaging Expertise
It is often difficult to find individuals who understand both Swift message types and the securities lending business and who can apply the correct logic to make a message work properly. MX specialises in filling this gap. Our consultants have years of experience of working with Swift in the securities lending industry and can give expert opinions to clients who need advice. Cost analysis review and contract renegotiation with gateway service bureau provider. STP analysis and enhancement program with all …
Read moreLocate Inventory
Being quick off the mark makes money An agent lending client wanted an application that allows a user to see availability on screen, paste any list of securities received via email or from a spreadsheet to instantly locate the availble positions in a security by fund and custodian and respond via an auto generated email within seconds to the broker search. MX consultants designed and built a solution on-site for the client which had an immediate impact on the ability of …
Read moreCounterparty Credit Analysis Tool
Counterparty Credit Analysis Tool: MX designed and delivered a bespoke analysis tool allowing the agent lender to import credit data from multiple sources, including internal ratings, and dynamically manage client credit limits according to multiple rule sets.
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