Prime Brokerage businesses have grown significantly in the last decade. Systems and processes struggle to keep up. Clients trade higher volumes, demand access to more markets and require more sophisticated and flexible tools to review their positions under management.
Prime Broking (PB) is not an off-the-shelf product but is tailored to each client.
Many PB systems and processes have evolved from a single, initial PB client and are not designed to offer the flexibility and responsiveness needed to satisfy multiple clients. The systems underlying these processes are not designed to cater for the increased volume. Manual work-arounds which were acceptable for low-volumes are unsustainable.
Quatro Solutions, the niche Security Finance consultancy, can help. We now offer a fixed-price comprehensive review of your systems and processes: from front-end give-up and client portfolio review tools to settlement and depot position management.
The Quatro Solutions review takes 6-8 weeks depending on the size and complexity of your business and will cost £97,5001. The review highlights the key capacity bottlenecks, the main areas of operational risk and the opportunities for efficiency improvement. Where possible Quatro Solutions makes practicable recommendations on how to address these.
The QS recommendations aim to identify £300k savings per annum and to double systems and process capacity without increased cost.
Quatro Solutions will later provide a free benchmark report2 to show how your metrics compare to the industry norms.
Quatro Solutions are the only consultancy endorsed by SunGard, the leading systems vendor in this market. We are currently working with them to develop the next generation of technology to support this growing market. We are uniquely placed to assist Prime Broking businesses to assess the capability, capacity and operational effectiveness of their systems and processes to meet expected future growth.
