RAD Applied in the Context of Investment Banking

RAD as a methodology for implementing information systems has been used in a broad range of domains utilizing technology as an informational backbone but perhaps one of the main areas where this approach has been proven to be a natural fit has been in the investment banking (IB) industry, most notably when applied to trading systems. This paper introduces some of the main tenants of RAD development and focuses on a number of case studies where RAD has proven to be an extremely suitable method for implementing solutions required in the IB industry as well as explaining why RAD may be more successful than other classic de-velopment methods when applied to IB related solutions.RAD, Information Systems, Investment Banking, Trading Systems

Trading Platform for the Global Warrant Markets

Global warrant markets are among the most active financial markets in the retail derivatives investment landscape currently. In this context some of the most relevant markets in the last years have been the ones across Asia and in particular Hong Kong, Korea and Japan. This paper introduces the financial instruments used in connection with the warrant markets, pre-sents and offers suggestions for setting up a generic warrant market making system and in-troduces the main concepts and components that need to be taken into account when develop-ing these systems targeting an exchange driven or E-Businesscontext.Trading, E-Business, Warrant, Market Making

The Architecture of Financial Risk Management Systems

The architecture of systems dedicated to risk management is probably one of the more complex tasks to tackle in the world of finance. Financial risk has been at the center of attention since the explosive growth of financial markets and even more so after the 2008 financial crisis. At multiple levels, financial companies, financial regulatory bodies, governments and cross-national regulatory bodies, all have put the subject of financial risk in particular and the way it is calculated, managed, reported and monitored under intense scrutiny. As a result the technology underpinnings which support the implementation of financial risk systems has evolved considerably and has become one of the most complex areas involving systems and technology in the context of the financial industry. We present the main paradigms, require-ments and design considerations when undertaking the implementation of risk system and give examples of user requirements, sample product coverage and performance parameters

Inter-Dealer OTC E-markets

The global OTC markets have been very active in the past decade as many institutions have chosen to rely on growth in the OTC issuance to facilitate deal-making outside of the exchange regulated avenues. Products included in this category are bonds, converts, volatility and variance swaps, CDS contracts. This paper introduces the financial instruments used in connection with the OTC markets, presents and offers suggestions for setting up generic sell and buys side RFQ and market making systems and introduces the main concepts and compo-nents that need to be taken into account when developing such systems when targeting the growing E-Business focus of the market