Capital Markets Enterprise Data Management and Compliance Reporting

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Overview

Governance, Risk and Compliance

Mindtree’s Capital Market Centre of Excellence has been at the forefront of tracking developments in the global regulatory space. We help Financial Servicesfirms worldwide to tackle regulatory challenges in an effective and cost-efficient manner.

Mindtree’s solutions on EMIR, FATCA, Dodd Frank Act, MiFID II/MiFIR, Basel III, BSBS- 239, Remit, LEI, GATCA AIFMD help to gain true exposures relating to risk correlation and provide complete transparency so that risks can be effectively managed at the right time. Financial firms have benefited from our solutions, unique business model, global delivery model, centers of excellence – which have enabled them to become more competitive.

Enterprise Data Management

Mindtree’s has expertise in leading Enterprise Data Management product IHS Markit EDM formerly known as Cadis. Mindtree offers Markit EDM development, integration with scheduling services, complete testing and production support. Some of the Markit EDM components and services where Mindtree has sufficient exposure are User Interface, Rule Builder and data typing wizard tool, Markit EDM Services, Cadis standard data flow, asset matching process, message queue, processing FiXML from OMS, generating the XMLs for back office, Integration with scheduling and FTP services. Markit EDM support and batch monitoring, generation and maintenance of master data, maintenance of asset universe, usage of repository database, integration with data providers like Bloomberg, Factset etc. Cross-Reference data , business validation & data quality.

Data management platform for acquiring, validating and distributing trade, operational, risk, financial and customer data. Creates a single version of the truth in a consistent, transparent and fully audited environment. Firms benefit from greater control, ongoing compliance and transparency of their data.

Trade Processing, Clearing and Settlement Services

Mindtree has worked with leading Asset and Wealth management firms and superannuation funds for more than 10 years. We have built a strong team of business consultants and offer services spanning front office, middle office back office solutions across various asset classes. Our goal is to help your financial organization respond to changing market conditions quickly and distribute capital more efficiently so you can thrive and grow in the capital markets industry.

Murex MX.3 is a leading enterprise capital markets technology platform for trading, treasury, risk, and post-trade operations for financial markets. Mindtree works directly with Murex on their Trading Platform

  • Design, Develop and Optimize Trade and Payment related MxML Exchange workflows
  • Build interfaces for Mx.3 to enable trade, static, reference and market data exchange between banks and Murex systems
  • Assist in version upgrades, DataMart and reporting, product integration, version upgrades, product packaging and testing.
  • Design and Develop reports for hedging, accounting, Murex Limit Check, P&L, Collateral on Mx.3
  • Mindtree is Key Alliance Partner since 2007.
  • 30+ Clients and 90+ Projects implemented till date

Murex Solutions are broadly grouped under below business functions

  • Sales and Trading
  • Enterprise Risk Management
  • Enterprise Collateral Management
  • Enterprise Operations and Finance
  • Investment Management
  • Treasury

Key Features

Governance, Risk and Compliance.

· Excellent understanding of Dodd Frank Act-Title VII, EMIR, FATCA and BASEL III regulations and their IT implications for a Financial Services firm.

· Hands on experience of working with US and Europe based banks in large scale regulatory compliance projects

· Expert consultants with experience in regulatory compliance space ready to be deployed in projects

· Strong Program management Capabilities

· Use of previously developed components (frameworks, data models, reports, business rules etc.) for shorter turnaround time and reduced cost for the client.

Enterprise Data Management

· Create consistent versions of the truth in a traceable, fully audited environment.

· Benefit from greater control, ongoing compliance and transparency of data.

· Understand where the data came from, who touched it and what rules were applied.

· More than 200+ Asset managers, Banks, Broker dealers, Hedge funds, Insurance companies, Pension funds, Regulators, Vendors use solution globally.

Trade Processing, Clearing and Settlement Services

· Trade & Position Management: Full life cycle management. Corporate actions. SEFs. Execution. Clearing connectivity.

· Affirmation & Confirmation: ISDA. SWIFT Ready. EFET. Fpml. Affirmation. Matching. VCON. DS Match. Markitwire.

· Settlement: Cash, securities, physical. Account mirroring. SWIFT Ready. CLS.

· Collateral Management: Margin management. Reconciliation. Dispute. Substitution.

· Product Control: Input validation. P&L attribution. Reconciliation. Prudent reserves. Adjustments. Publication. IPV.

· Hedge Accounting: Designation. Documentation. Effectiveness measurement. Accounting.

· Sub-Ledger: Multi GAAPs. IFRS compliant. General Ledger feed.

· Workflow Manager: Real-time, rule-based and exception based. Dynamic tasks allocation. STP KPIs

· Business & Operations Monitoring: Activity, performance and operational risk indicators for managers.

· Regulatory Reporting: EMIR, SFTR, Dodd-Frank Act, MiFID2/MiFIR. Transaction reporting. Post-trade transparency.

· Cross Product: OTC and listed. Flow and complex, country specifics.

Key Benefits

Governance, Risk and Compliance.

· Ready solution framework for implementingGRC regulations to bring down overall analysis and design effort by 30%

· A team of business analysts well versed with the regulations aiding to reduce time required for analyzing and specifying business requirements

· Reusable data dictionary saving approximately 50% of effort when compared to building a data model from scratch

· Ready-to-use templates of reports meant for regulator and operations users reducing the time spent on developing out-of-the-box reports

· Consistent and Standard Terminology and Content aids collaboration between Business Analysts and Technical developers.

Enterprise Data Management (EDM)

· Data governance – Create a single version of the truth, data stewardship of data assets and a transparent audit trail

· Data quality – Use data that is validated, enriched and reconciled across multiple sources, reducing operational risk

· Greater transparency – Benefit from data lineage that provides look-through hierarchy and side-by-side source comparisons

· Seamless integration – Eliminate internal and external data silos and consolidate legacy applications and systems

· Data dissemination – Aggregate and present data in the right format at the right time as needed by each business

· Flexible deployment – Implement EDM as an installed or managed service solution

Trade Processing, Clearing and Settlement Services

· Cost savings - Convert large up-front capital expenditure into ongoing operational costs

· Business agility and operational efficiency – Shift focus from IT to business

· Scalability and robustness – Enable agility and flexibility to cater to changing business needs

· Emerging technology adoption – Adopt disruptive technologies to drive competitive advantage

· Reduced risk and Total Cost of Ownership (TCO) – Enable efficiencies through automation, dynamic allocation, and maintenance of resources