To develop a strategic platform for clients, enabling them to generate quotes online for derivative products and place orders, so that RFQ and trade processes are automated through a web interface
To help achieve scale, integrating pricing with risk management systems, leveraging automation for faster pricing and managing lifecycle
Crisil solution
Customer
Automated the end-to-end RFQ portal workflow for structured products portal where the end-customer could:
Login and select a product from the list
Customise the structure and request a quote
Receive a tradable quote within a few seconds
Place an order at the price quoted and get all documents online instantaneously
Bank
End to end automation - from pre-trade to trade capture
Reducing manual intervention
Reporting dashboard
Integration of machine learning tool for pricing stochastic volatility and volatility fitment
Client Impact
Extended reach to its clientele
Reduced time and effort in product sales by 45%
Increased revenues and profitability by 35% and 50% respectively
Overall, a single multipronged solution to address all client requirements
Integration of bank’s email pricer for structured products quotes, thereby removing manual intervention