Consolidation of Multiple Clearing Processes


Business Challenge

A major financial services firm embarked on consolidating multiple clearing entities and connectivity venues. The objective of this consolidation was to: (1) reduce extraneous clearing fees associated with each clearing entity; (2) streamline client reporting with one set of books; (3) reduce resources needed to maintain multiple clearing entities; and (4) to streamline Regulatory & Compliance Reporting.

Solution

Our team reviewed their current situation and developed methodical & detailed business, technology and operational requirements. This effort included multiple products, instrument types and locations. We managed the whole effort and worked closely with multiple vendors to perform internal & external street-wide testing.

Results

The client now has a fully integrated clearing platform that not only meets the current business requirements but also accommodates their future business growth. This complex project was completed within time and budget.

Contact Information

To learn more, please contact us at info@kohesiv.com.