Streamlining Credit Derivatives
Advanced Tools for Querying, Editing, & Data Management
Challenge
A leading global financial institution faced significant challenges in efficiently managing its exotic credit derivatives portfolio. The complexity of these financial instruments demanded a sophisticated system that could handle intricate querying, trade attribute editing, and comprehensive data management. The institution sought to improve operational efficiency, data accuracy, and decision-making processes, particularly in managing portfolios that included virtual credit derivatives, which could remain unexecuted until market conditions were favorable.
Solution
We developed and executed a comprehensive strategy for a Desktop Portfolio Manager to streamline the management of complex credit derivatives:
- Enhanced Operational Efficiency
- Improved Data Accuracy
- Faster Decision-Making
- Increased Analytical Capabilities
1. Strategic Foresight & North Star Visioning
Analyzed emerging trends in derivatives trading, portfolio management, and financial technology to identify opportunities for innovation.
The introduction of virtual portfolios for credit derivatives was a key innovation, allowing the institution to manage these portfolios without immediate execution, thereby optimizing the timing of trades to align with market conditions and reporting requirements.
2. Systems Thinking & Platform Ecosystem Strategy
Mapped out the entire exotic credit derivatives ecosystem, identifying critical points for data integration, user interaction, and workflow optimization.
The system was designed to support complex querying, editing, and management of trade attributes, with seamless integration into the institution's broader financial systems.
3. UX Strategy for Products & Platforms
Created user-centric design concepts for an intuitive interface that allows traders to easily query, edit, and manage complex trade data.
The interface included advanced data visualization tools that provided clear insights into trade positions, risk exposure, and portfolio performance, including the management of virtual portfolios.
4. Comprehensive Project Planning & Execution
Delivered a robust project plan that integrated traditional and agile methodologies, ensuring flexibility and adaptability throughout the development process.
Detailed Business Requirements Document (BRD) and Functional Requirements Document (FRD) guided the project, outlining specific functionalities such as trade querying, attribute editing, and data export to Excel for in-depth analysis.
Impact
Our strategic guidance and advanced design solutions led to the successful development of the Desktop Portfolio Manager, resulting in:
Enhanced Operational Efficiency
The intuitive interface and advanced querying capabilities led to a 40% reduction in time spent on trade data management, particularly in managing complex portfolios with virtual credit derivatives.
Improved Data Accuracy
Streamlined data entry and editing processes reduced errors in trade attribute management by 60%.
Faster Decision-Making
Real-time visualization of portfolio data, including virtual portfolios, enabled quicker and more informed trading decisions.
Increased Analytical Capabilities
Seamless integration with Excel and other analytical tools enhanced the depth and speed of portfolio analysis, providing traders with a more comprehensive view of their positions.
How We Can Help
At Industriant, we specialize in developing strategies for advanced financial portfolio management systems.
Our expertise can help your organization:
- Create user-centric designs for complex financial instrument management interfaces.
- Develop strategies for integrating diverse data sources and analytical tools.
- Implement intuitive querying and data visualization tools for traders and analysts.
- Identify opportunities for innovation in derivatives portfolio management.
Client Experiences
They helped lay the foundation of our expansion into design agency services and adopting design thinking to build complex software for the financial services industry.
Director, Financial Software Firm
I really enjoyed working with them. Forward-thinking UI experts - an asset to interdisciplinary teams.
Senior Developer, Microsoft Research
Collaboration led to improved project communication. The inclusion of interactive visualization in our online findings clarified complex processes for our readers.
Director of sLab, OCAD University
Ready to transform your approach to managing complex financial instruments?
We’re here to enhance your trading operations with innovative, user-focused strategies for mission-critical success.