Middle Office Support
CRISIL is a market leader in middle office outsourcing across BAU operations and strategic transformation initiatives. Our analysts bring in expertise across the value chain of middle office activities, including but not limited to collateral management, trade operations and review, product control, middle office technology, regulatory compliance, and process automation and re-engineering, enabling our clients to focus on core functions. Our strong compliance and data protection focus and a rigorous, time-tested transition plan ensure zero business disruptions, all the while optimizing costs for the middle office. Our experience of having worked across banks and regulatory jurisdictions allows our analysts to bring in industry best practices, and add value through automation initiatives by leveraging emerging technologies.
Solution Components
- Defining risk methodologies
- Regulatory impact analysis
- Data governance frameworks
- Front-to-Back harmonisation of systems
- Infrastructure rationalisation and migration
- Process re-engineering
- Smart automation utilizing RPA, NLG, NLP, Blockchain, and ML
- Collateral valuation and optimization
- SIMM model development, validation, and backtesting
- Collateral P&L and FVA adjustments
- Valuation advisory
- Margin management and operations
- Reconciliation and dispute resolution
- Trade booking and amendment
- Asset servicing
- Corporate actions management
- Interim cash flow management
- MO fixings management
- Cash flow calculation
- Internal and external audit support
- Trade economics, summary of the trade, trade terms, payoff management
- Booking commentary
- Valuation – methodology, model appropriateness, and limitation
- Valuation adjustments
- Adjustments and reserves
CRISIL EDGE
Knowledge Centre
Case Studies
Questions
Deep expertise across asset classes – Equity, FX, IR, Commodities, Credit
Blended expertise across domain, technology, systems, and regulatory
Sound knowledge of various derivative products – Vanilla, Exotic, Structured Notes, ETFs
Solution accelerators through process automation and proprietary utilities, tools, frameworks and templates