Trading Analytics Strategic Technology Plan for a Global Bank
PROBLEM:- Technology base not scalable for rapidly growing RMBS trading businesses (residential whole loan trading conduit, RMBS origination, secondary trading, ABS CDO management)
- Loan-level modeling philosophy not reflected in technology implementations
SOLUTION:
- Multi-year strategic technology plan (~$35mm+ annual) to build and reengineer core front-office systems
- Whole loan trading workflow
- Whole loan best execution pricing system, customer-facing systems, rate sheets, etc.
- Prepayment and default model implementation and testing
- RMBS and ABS CDO analytic systems based on loan-level data and models
- Portfolio management system
- CMBS analytic system
- Established globally distributed core development and support team and expansion plan (120+ people)
- Implemented project management framework and formal software processes
- Core libraries and data layer
- Implemented set of systems to support overall business.
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