From Trading and Sales
to Market Risk, from Foreign Exchange to Fixed Income, from EMIR to
MiFID II, our consultants have in-depth knowledge about the heart of
a bank.
Money and Capital Markets Department, also known as
Treasury, is one of the most important departments in a financial
institution, responsible for several mission critical operations.
The Trading Desk is balancing and managing the daily cash-flow and
liquidity within the bank, while also handling the bank’s
investments in Securities, Foreign Exchange and Interest Rate
derivatives, cash instruments. The Trading Desk can also
underwrite debt and equity securities from the issuer (e.g. as a
Primary Dealer in the issuing of the State Treasury Bonds and
Government Securities) and is also being responsbile for asset and
liability management.
The Sales Desk seeks to meet Institutional and Corporate
customers’ investment and risk coverage needs and manages the
sales of Treasury Products. The Markets area also supports the
Retail Banking division to serve individual customers and
participates in product design, manages products and the
associated risks.
Advocate Organization Development
has a leading role in supporting Treasury and ALM operations of
the financial institutions in Hungary. Our consultants are coming
from different backgrounds (business and IT) and several years of
experience in fields related to Treasury Operations:
Business workflow and
process optimization: evaluate and review business processes,
rearrange and optimize product portfolio (FX, Interest Rate and
Commodity Derivatives, Structured Products, Securities Lending
and Repurchase etc.)
Support and lead product
development and supervise sales channels: introducing new
Structured Products, Debt and Equity Underwriting, help with
Corporate Bond Issuing, help managing the product portfolio.
Regulatory compliance:
consulting and development services to comply with EMIR, MiFID
and PRIIPS regulations.
IT Consulting, Business Analysis, Test
Management
We were helping
our partners in different projects, ranging from implementation
of limit management systems, integration to dealing systems
(Reuters, Bloomberg).
Our professional consultants use their expertise and
experience in different business and development activities that
are related to:
Providing end-user support
and consulting services for well-known systems and processes
provided by: Kondor, Murex, Inforex, TBOR, Clavis, Monolit,
Zeus, Calypso, Bloomberg, Reuters, Electronic Trading.
Providing IT Business
Analysis, Development and Testing services: IT consulting
services for integrated satellite systems, middleware and
distributed interfaces/applications.
Latest Global Markets Projects
Featured
Case Study
Conducting RFI for new Treasury
system
Advocate consultants were responsible of assessing the
requirements of a Hungarian Financial Institutions regarding the
upgrade of an out-of-lifecycle Treasury Front and Back Office
system and conducting and evaluating an RFI with the possible
vendors and their systems. During the project, our consultants
were able to help our client assess the presented solutions and
choose from them by a decision based not solely on the price of
the product but the overall cost of the project, including
necessary interface developments with already available systems
and further operational process changes.
Featured
Case Study
FX Payment Netting renewal
Renewal of the dealing and settlement processes in case FX
OTC product's to meet new ISDA requirement.
MiFID2 project
Designing developments and new module implementation in
Bank's Treasury System assuring the MiFID2-compliance, work flow
optimization.
Featured
Case Study
EMIR OTC Derivatives reporting
obligation
Mandated by ESMA, Advocate consultants were key solution
providers in several Financial Institutions.
Treasury System Upgrade and New
Product Introductions
Upgrading the Bank's Treasury System (Finastra/Misys
Kondor), designing and running test cases, providing detailed
specifications for currently used interfaces. Introduction of new
FX products and sales channels.
