Structured Products For High-Vol Broker-Dealer
Client: Undisclosed, high-volume broker-dealer Objectives:
- Flexibly and frequently add user defined models/macros and connect external libraries e.g. Quantlib
- Have models available across all bank systems or Excel
- Rapid and efficient delivery of new products to market
- Support for configuration of any products regardless of instrument data fields or financial attributes.
- Automatic generations of marketing materials and delivery over mobile app and web-based portal
- Design and Approval processes orchestration Why ENC was a good fit:
- Addition or configuration of SP’s is handled by our client’s quants directly without vendor support
- Structured Product templates allow for structuring any notes using cross-asset derivatives – FX, commodity, indexes, etc – with support for custom models, marketing material generation, and sales
- API’s make models and products easily accessible across all internal and distributor systems
- Integrated modeling module executes fast calculations using both proprietary libraries and external libraries, like Quantlib
