2:47 am - Sunday October 22, 2017

Tag Archives: Back office

Deal Process

Dealing Room Operation and Deal Process

A dealing room is a centralized establishment, usually of a commercial bank, which is willing to offer a two way dealing price for different currencies (and asset classes instruments) at all times even when they may not wish to deal, all but...
Foreign-Exchange-risk-management

Foreign Exchange Risk Management

The peculiarities of foreign exchange markets are –          An Over The Counter market –          Only market open 24 hours, seven days a week, 365 days a year –          No single location; no barriers –         ...
Image

Foreign Exchange Dealing Operations

If you buy a Binny Silk Saree for your wife (or girl friend!) at T.Nagar Chennai Nalli Silks, you will naturally want to pay for it with Indian Rupees and the Nalli Silks will want to be paid in Rupees because he pays all his bills with Rupees. Likewise,...
houseofcards

Bilateral and Triparty Collateral Management

The recent financial markets crises have heightened and increased focus on collateralization. Collateralization is a process where a borrower pledges an asset as recourse or cover or a security to the lender for facilities or limits or credits...
bank-stress

Investment banking and revenue pressures – ways to go

Setting: One of the purposes of any business is to make money. And banking is no exception to this cardinal objective of any business. Normally the bank’s income portfolio comprises fund based income and fee based income. Fund based income...
sdr

Options Symbology Initiative – OSI

The OSI is a plan to overhaul the existing method of identifying exchange-listed options contracts to decrease the current limitations in today’s marketplace. This will be accomplished with the elimination of OPRA codes and fractional...
prime-broking

The business of prime broking – an overview of opportunities

To understand better the business of prime broking, there is a felt need to understand the business of hedge funds first, as prime brokers are in their business only because of these hedge funds! According to Goldman Sachs & Co, the term...
collateral

Collateral management – Latest Developments

Collateral management is no more a back office function. Thanks to the recent crises in financial markets, it has graduated itself to a core function status driving the very front office function. Gone are the days of cost centre approach to...
foreign exchange

Foreign Exchange: Relationships do matter

Relationships do matter in any market – leave alone foreign exchange market. Without such relationship transactions cannot take place. One can easily assign relationship as a key contributor to any increase or decrease in volumes handled by...