Operations Monitoring for Derivatives Processing

The derivatives market has grown exponentially over the last several years. In an effort to keep up with increasing volumes, financial markets firms have evolved their technologies and processes. During this evolution, however, processes have become increasingly complex and fragmented across derivatives products and offer little visibility into the actual trade. If a trade becomes �stuck,� firms are unsure whether they need to change processes, add more staff or deploy technology to ensure a smooth trade lifecycle. IBM has crossed traditional trade silos and provides visibility throughout the entire equities or fixed income trade, including front, middle and back office processes. Combined with event-trigger or alert tools, firms can dramatically improve derivatives processing, explains Devesh Nakra, financial markets consultant for IBM Global Business Services.