Derivatives Practice

Derivatives - Trading Systems

Derivatives Software

Hexaware’s Derivatives Practice

· Consulting – 

Portfolio Rationalization, Advisory, Reengineering, Modernization, IT Road Map and governance to modernize existing legacy Derivatives solutions

· Independent Testing Services for Front office, Middle Office and Back Office using Rational and Mercury suite of products/tools

· Application Development and Management: - Application Architecture and Design, Migration, Integration and Application Support and Maintenance for Proprietary and Third Party Systems.

·Derivatives Reporting and Data warehousing Services – Cognos, Actuate, Business Objects, Micro Strategy and Informatica

· Third party products Implementation, Integration and Support - Calypso, Murex and Summit

· Electronic Trading solutions - FIX, FXML, STP, Exchange Interface, Reference Data Mgmt, Market Data Mgmt, DMA, Order Routing

· Compliance: Mifid, Basel II, SOX. 

Contact Details

Cornelius Nandyal

corneliusn@hexaware.com

Practice Head, Corporate & Investment Banking                                   

Hexaware Technologies

www.hexaware.com

Derivatives Practice Framework

· Equity Derivatives: Cash and basket trading, index and equity futures and options, exotic options, all kinds of convertibles and warrants, equity swaps and CFDs, equity-linked notes and structured deals

· Interest rate Derivatives: Money markets, treasury bonds and repos, interest rate derivatives including exotics, emerging markets and structured deals

· Foreign Exchange Derivatives

: Spot and forward, vanilla and exotic options

· Credit

 Derivatives

: Bonds, convertibles, loans, vanilla credit derivatives (CDS, credit options, baskets, etc.) and structured credit (e.g. structured CDOs)

· Macroeconomic

Derivatives

: Inflation bonds, swaps and options

· Commodity

Derivatives

:Electricity, crude and refined products, natural gas, base metals and bullion, soft commodities

· Front Office: Trade order management, Trade execution, Data reception and

   distribution, Pre-trade compliance, Trade decision support and Portfolio Analytics

· Middle Office: Risk management, Trading rules, Post-trade compliance, Position management, Settlement, Reconciliation and

   trade matching

· Back Office: Confirmations, GL interface, Trade inventory, Trading profit and loss, Custody services, Transfer agency and Client reporting

Product Competencies

Murex Competency

· Hexaware provides Murex solution that achieves a high degree of Straight through Processing (STP) and Automation.

· Hexaware’s solution facilitates Sell-side and Buy-side firms in enhancing their business processes to deal with various asset classes that comply with recent compliance regulations and risks.

· Hexaware has developed proprietary tools for Data Migration from Legacy system to Murex Implementation as well as propriety tools for data reconciliation 

· Based on its past experience Hexaware has built a ‘Murex Testing Suite’ consisting of test cases and business scenarios for FO/MO/BO operations

Calypso Practices

· Hexaware’s Calypso competency unit comprises of domain experts, enterprise architecture consultants, technology architects, testing experts & business analysts, who have vast experience & knowledge of financial markets

· Hexaware enables Calypso customers to leverage their investment in their Calypso applications by enabling them to implement and extend their Calypso solutions

· Hexaware has proprietary tools used for Data Migration and mapping inputs in various other formats to Calypso messages in implementing Calypso across various locations/business units within the organization

Hexaware’s

Summit

Practices

· Hexaware has comprehensive skills in developing and supporting Summit solutions for derivatives trading.

· Hexaware’s experience varies in implementing a wide range of instruments including single asset –equity trading to multi-asset-structured products

· Hexaware’s summit practice provides technologically advanced multi-asset class solution for treasury and capital market participants.

· Focus areas of service offering include order management system, order routing system, market data management, straight through processing