1 / 7

March 2006

TREASURY & SECURITIES SERVICES. March 2006. IT For Financial Services. Joe Leinhauser. Agenda. Introduction After the Trade is Made Who is Behind the Curtain Industry Drivers Impacting IT Q&A. AFTER THE TRADE IS MADE. Internal Systems

lindsey
Télécharger la présentation

March 2006

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. TREASURY & SECURITIES SERVICES March 2006 IT For Financial Services Joe Leinhauser

  2. Agenda • Introduction • After the Trade is Made • Who is Behind the Curtain • Industry Drivers Impacting IT • Q&A

  3. AFTER THE TRADE IS MADE • Internal Systems Front Office trade capture and risk management systems Securities Processing and control applications Reporting (e.g., client, regulatory) Financial (e.g., P&L, General Ledger) • Interfaces with external entities Exchanges (e.g., NYSE, NASDAQ, LSE) Clearing houses (e.g., DTCC, CREST, EuroClear) Commercial Banks (e.g., Custodians, Transfer Agent) • Communication with Clients Confirmations Settlements instructions (cash, securities)

  4. WHO IS BEHIND THE CURTAIN • Software developers/vendors Developers of custom code for client-driven requirements (e.g., IBM, Cognizant) Providers of “packaged” or semi-custom software (e.g., Sungard, MKI-Frustum) • Data Providers Bloomberg Reuters • Securities Operations Depositories Custodians Transfer Agents • Communication Facilitators SWIFT FIX

  5. SWIFT • SWIFT is the financial industry-owned co-operative supplying secure, standardized messaging services and interface software to 7,800 financial institutions in more than 200 countries. • SWIFT's worldwide community includes banks, broker/dealers and investment managers, as well as their market infrastructures in payments, securities, treasury and trade. • SWIFT Mission • Work in partnership with its members to provide low-cost, competitive financial processing and communications services of the highest security and reliability. • Contribute significantly to the commercial success of its members through greater automation of the end-to-end financial transaction process, based on its leading expertise in message processing and financial standards setting • Capitalise on its position as an international open forum for the world’s financial institutions to address industry-level threats, issues and opportunities

  6. INDUSTRY DRIVERS IMPACTING IT • Past • Y2k • European Union • Mergers • Present • Exchange consolidation • SOX • Mergers • STP • Risk Management • Future • T+1 • Regulatory Harmonization • Non-standard competitors • Mergers • STP • Risk Management

  7. Q&A

More Related