Financial Systems Implementation

Accolade's Financial Software Engineering Group designs, implements and customizes enterprise systems for securities trading, portfolio management, asset securitization, risk management, e-finance and financial operations.

Systems developed include:

Operational Risk - Derivatives Event Management
A GLOBAL BANK

Event tracking system for the interest rate derivatives business. System reduced significant operational risk connected with scheduled events on exotic interest rate derivative positions, including resets, settlements, knock-ins, knock-outs, amortization and maturity.

Market and Credit Risk - Trading Systems Integration
A GLOBAL BANK

Extended bank's interest rate, equity, and commodity derivatives trading systems to generate and automatically feed corporate wide market and credit risk systems. Extended derivatives systems to add significant counter party information, classification and risk reporting functionality.

Model Risk - Model Audit
AN ENERGY COMPANY

Audited proprietary option pricing models, including models for spread options. Reviewed the validity, accuracy, performance and implementation of these models. Work performed on behalf of risk management area to assess model risk.

Internet-based Research & Analytics
AN INVESTMENT BANK

Research and analytics website for a top-tier investment bank. This website is used by the firm's leading institutional clients. The system included analytics to access historical data and calculations for fixed income securities, including government, corporate, mortgage, derivative and emerging markets. Calculators for factor analysis, swap valuation and TED spread analysis. The system integrated with multiple data and analytical sources throughout the firm via a CORBA backbone.

Government Bond and Option Trading
AN INVESTMENT MANAGEMENT FIRM

System to support firm-wide trading, portfolio management and risk analysis activities of a leading primary government securities dealer and OTC options market maker. System implemented client's proprietary pricing models and risk management strategies. Implementation also yielded tools for facilitating client's long term internal software development effort, including schema-based user interface tools, object-oriented data warehouse, and a security object hierarchy and analytics.

Municipal Bond Syndication, Trading & Sales
A GLOBAL INVESTMENT BANK

Trading and risk management system for a large municipal bond issuer. The system allowed traders to price securities and derivatives, track P&L, and manage portfolio risk using and option-adjusted analytics framework. Real time middleware and messaging system consolidated and distributed news wires, price feeds, position feeds and other information from bond syndicate members to other internal systems.

CMO Trading
AN INVESTMENT BANK

Enterprise system to support a mortgage-backed securities dealership, including sales and trading of collateralized mortgage obligations. Key functionality included advanced single security and swap calculators, portfolio analysis, hedging analysis, prepayment analysis, offerings distribution, and accounting. Analysis based on client's proprietary prepayment model and option adjusted spread framework.

Options Analysis Product
A GLOBAL FINANCIAL INFORMATION COMPANY

Real time options analysis software for data vendor's trading workstation product. Software supported real time pricing, sensitivity analysis, implied volatility computation and complex option strategy analysis for all exchange traded options.