Capital Markets
New Technology Strategy to Drive Geographic Expansion of Capital Markets
Business Objective
A U.S. headquartered financial institution sought expansion by launching a trading and risk business in Brazil
Transformation
- The Client partnered with Exadel to assess and implement an optimal technology future state to successfully launch trading operations in Brazil
- Analyzed the trading platform and operations including middle office, back-office, know-your-customer (KYC), regulatory, finance, payments, credit risk and accounting and taxes
Results
Developed a detailed overview and inventory of key systems, their redundancies, and gaps, accounting for legal, regulatory, accounting, and tax laws in the U.S. and Brazil
Built a prioritized roadmap to launch trading operations in Brazil, leading to improved set of technologies and best practices