Global trade blotter

In detail

JPMorgan · 2005 to 2012 · Project Manager, Rates Sales and Marketing Technology

A framework for packaged and strategy-based trades, where groups of trades share economics and must be processed together to hedge and hit a target return.

The challenge

Bulk, straddle, CDS option and butterfly trades needed a new STP model feeding upstream and downstream systems, complex business rules, and performance that held up on large packages.

What I did

• Fixed the performance metrics first, then delivered the user-interface and key processing improvements.

• On-boarded the pricing and risk-management system.

• Implemented affirmation and regulatory requirements before sign-off, using agile methods throughout.

Outcome

• 3 FTE a day saved on manual revenue reconciliation in operations.

• Faster processing of bulk trades, with better control procedures for OTC trades, wider asset-class support and significantly improved user satisfaction.

Skills: Complex business rules · Performance engineering · OTC controls · Agile delivery