Capco Investigates Securities Processing Consolidation Opportunities for Global Banking Group

Capco engaged to address weaknesses in market risk architecture.

Our client had identified a number of issues in need of resolution, including unreliable market risk figures and frequently-missed reporting deadlines. Unreliable profit and loss data at the source required MAM to perform too many manual amendments and reruns, impairing the consolidation process. Moreover, shortcomings in its IT architecture left the firm lacking front/back office reconciliation reports and DRM analysis and control capacity.

Capco developed a suite of actions which offered immediate benefits. The roadmap we developed addressed specific deficiencies while retaining alignment with the firm’s overall IT strategy and support organization. Our architecture recommendations resolved multiple issues related to IT efficiency, scalability and security.

Benefits

  • New architecture secured operational and IT efficiency and scalability
  • Improved market risk process management
  • A set of immediate steps identified to deliver short-term improvements
  • Roadmap designed for full integration of the IT support organization
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