Through this new partnership, Sapient Global Markets will apply its domain expertise in capital markets and change management while Thunderhead will provide technical consultancy, supplying clients with enterprise communications solutions that streamline processing time, slash administration costs, and provide an accurate, auditable process for document generation that is benchmarked versus industry best practice.
Both companies have a strong presence in the financial markets arena and particularly within OTC derivatives, with 14 of the top 16 global derivatives dealer institutions using Thunderhead technology.
John Mc Gee, President & Chief Operating Officer, Thunderhead, comments: âPartnering with Sapient is a natural fit for us. Thunderhead and Sapient have a huge shared heritage in terms of the customers we serve. Through our partnership, we aim to improve customer retention, compliance and operational efficiency for our capital market and energy trading clients.â
Chip Register, SVP and managing director, Sapient Global Markets said: âWhen choosing a partner, our key criterion is that their capabilities can match the breadth of our clientsâ challenges. Having worked with Thunderhead on a number of projects, we recognized that we both share a strong cultural affinity and weâre confident they are a great partner to extend our capabilities and provide coverage across the entire trading lifecycle -- from front to back office.â
As a strategic advisor to members of the global financial and commodity markets community, Sapient Global Markets provides a comprehensive offering to its world-class clientele through practitioner led advisory, analytics, technology and process services.