Post Trade Service
Annual Conference Finland
2015 DSS Nordic Team - Meet the team
Esa Andersson Minna Saonegin Jyrki Rantanen Finland ESAA Finland
RNS/RQ Norway Michael H. Mortensen Rune Næss-Johnansen/Richard Quinn Head of Derivatives & Norway Securities Services +45 45 12 83 26 +45 41 93 99 86 [email protected]
JACJ Denmark
Jacob E. Jørgensen DanielDANO Nordkvist Sweden Denmark Sweden
2 Finland – A part of our core market
Full Scale Offering Local Team The missing part, Depositary Services, Well coordinated local team at your added to the palette service
Relationships Cost Efficient Solutions Well established relationships with The trend in the economy increases the Finnish financial institutions demand for cost efficient solutions
Alternative Solutions Outsourcing Customers are looking for alternative Outsourcing has taken its first solutions steps
3 General Trade Life Cycle
Pre-Trade Analysis
Portfolio Trade Mgmt. Execution
Post Trade Trade Mgmt. Capture
4 Trends & Solutions Post Trade Service – Trends in Post Trade Service
FinTech – a system solution The market for financial technology is growing rapidly and is naturally disrupting the post trade market. FinTech companies are basing their solution on systems.
Banks – a partnership Banks enter the post trade service area with their agile platform and human expertise. Banks are also getting hit by the same regulation as the customers and are able to provide real life advisory.
6 Are you ready for the future challenges?
How can I focus on my core business?
How do I optimize cost & Do we have insufficient efficiency? system capacity?
How can I minimize Do I have the right operational risk? competence in-house?
CFO - CIO - Treasurer
7 We can help you! Danske Bank can help you!
“I have too “I’ll hand over “Finally I can many tasks not the non-core focus on my related to my business tasks core business” core business” to Danske Bank”
1 2 3
Identify Needs Outsource Tasks Core Business Focus 9 Post Trade Service - Bundled to your needs
OTC ETD Custody Depositary Back- & Collateral CLS Data Mgmt Clearing Clearing Service Middle Office Mgmt. Service Services
“My service – My needs”
Back- & Data Mgmt Middle Office Services
10 The Trade Process
Pre-Trade Trade Trade Trade Life Portfolio Analysis Execution Capture Cycle Mgmt. Mgmt.
Investment decision Agreement with counterpart Trade registration Validation of trades & limits Portfolio Administration Trade execution Tracking of trade status Calculate & post collateral Accounting reporting
Clearing of OTC & ETD’s Risk management Trade settlement & safekeeping Trade amendments Adm. of trades & positions Payments and accounts Trade & position reporting Delivery of benchmark data Regulatory Reporting Data and Risk Reporting
Covered by Post Trade Services
11 System & Integration
Trade Post Trade Portfolio Execution Service Mgmt.
Trading Platforms Systems Systems
InteGate® Business Online
Services
Post Trade Service
12 InteGate® is a multipurpose application that runs on the Windows platform. The graphical user interface is very user-friendly with high focus on minimizing operational risk. It can be used to enter trades directly, to verify imported trades before transfer to Danske Bank, to see all received trades and to view, analyze various InteGate® report and supports Danske Bank’s various post trade services.
One platform to trade Chinese walls data capture all products segregation in place
Flexible & configurable Secure FTP channel for every client communication
Designed to minimise User generated operational risk filtering of reports Back- & Middle Office Service Danske Bank’s Back- & Middle Office service helps you to automate your back- & middle office operations, increase efficiency, meet the industry market trends, mitigate your internal operations challenges and let you focus on your core business.
Trade Trade Trade Trade Life Payment & Claims & Data Capturing Matching Confirmation Cycle Mgt. Settlement CA’s Reporting
Contractual Setup How Can Danske Bank Help?
Trading Focus on Core Business Agreements Trade Data Trade Life Cycle Mgt. Regulatory Compliant Reports Payments & Settlement You Your Counterparties Leverage on our IT Governance Service Agreement Data Management Services
. EMIR . SOLVENCY II . X-Ray . Discount Curves . CRD IV . MIFID
. Transactions . Bloomberg . Positions . Thomson Reuters . Reference Data . Moody’s . Prices . SIX Transaction Quant Risk Regulatory Market Data Reporting Calculation Reporting Reporting
. Yield to maturity . BPV, . Modified Duration . Portman . Inflation BPV . SimCorp Dimension . Convexity . Advent . Spread Risk . Sungard AvantGard . Delta, Vega . Bloomberg FXGO . PV Integration Services . FXALL . ModelIT . FA Solutions
15 DSS Reference Client - A post trade service partnership
“Tryg has for years used out-sourcing and strong partnerships to obtain a lean and cost efficient organization and infrastructure hereby reducing vulnerability and IT investment needs. This strategy ensures that we focus on our core business objectives and customer satisfaction. The new cooperation with Danske Bank will Post enable us to concentrate more on the investment Trade decision and less on processes, reporting and Service data flows without loss of control. Furthermore, I have to spend less time on administration and my highly skilled employees can be re-directed to more value adding tasks. Tryg’s partnership with Danske Bank is therefore an important layer in our foundation to consistently deliver added value”. Mads Hørberg Chief Investment Officer [email protected]
Tryg A/S is a non-life insurance company present in Denmark (No. 1), Norway (No. 3) and Sweden (No. 5). Tryg A/S had a turnover in 2013 of DKK 19,5bn (EUR 2,6bn) and a market cap of DKK 31bn (EUR 4,1bn) (January 2014) with a Standard & Poor’s rating of A-/Stable
16 Questions?