Outsourcing of Derivatives Reconciliations

Recent market volatility combined with the growth of derivatives trading has left middle office and back office operations struggling to keep pace with reconciliations. The incremental growth in the trading volumes of derivative contracts is impacting the straight through processing of trades. Historically, back office reconciliations are thought more of a cost center but now it’s getting lot of focus within all the financial institutions and they are deploying a global strategic solution to handle more volumes with better matching rates at reduced costs.

To read more on what Navjot says about Outsourcing of Derivatives Reconciliations, click here to download the whitepaper.

About the author

Navjot Singh has over 10 years of experience in the IT/Capital Markets and is currency working as Technical Manager for Headstrong UK. He has led and managed the various capital markets projects in the areas of Listed Derivatives, Compliance, Risk and Reconciliations. He has interests both in the technology and domain consulting and holds good understanding of global markets and recent trends in securities industry. During the tenure, he has worked in roles as developer, trainer, architect and analyst. He holds the bachelors and masters degree in Computer Science.