DERIVATIVES SOLUTION FOR LEADING AMERICAN INVESTMENT FIRM

Client Overview
Our client, who is a leading investment management firm, offers a broad spectrum of investment products including structured products, corporate finance, real estate finance, quantitative risk & derivatives management. Presently, the firm is managing its derivative business using its proprietary system, written to accommodate trading, position keeping and reporting. With foresight into the future growth of funds under management and breadth of investment products, the need for a more sophisticated method for managing their derivatives business has been acknowledged and Murex is selected to meet their future business needs.

The Solution
During the process of implementing Murex trading system, this investment firm was facing challenges in the areas of Reporting, Reconciliation, Data Management and Testing. The client wanted to share their burden by partnering with Hexaware for developing IT solutions that could overcome their technology challenges. Hexaware analyzed the client's needs and challenges and developed solutions to cater to their requirements.