Increased activity and participation by corporations and financial institutions in the derivatives market has created several challenges including:
- Tightening of Profit margins
- Escalation in cost of technology and professional expertise
- Pressure to invest in advanced technologies & infrastructure to support growth
Traders and sales desks continually face changing business trends and are looking for new ways to increase profits and improve efficiencies while maintaining a high level of service for customers across trading cycles.
For this, it is imperative for financial institutions to be equipped with intelligent systems and technology that seamlessly integrate processes surrounding a trade - from deal capture, order management to final settlement.
Many Financial institutions dealing in derivatives and complex structured products lack intelligent systems and resources to track the risks and/or positions.
Subprime Crisis
Subprime crisis, one of the worst financial crisis in decades has impacted all global financial players and added several new challenges to the operation of FIs and Banks.
- Mounting losses has forced many FIs and Banks to reduce the workforce
- Available budgets have reduced substantially
- Regulatory compliance has tightened
- Demands and workload on existing staff has increased
As a result, it has become imperative that institutions employ measures to minimize their costs from the front office to the back office.
How can Pyxis help?
With in-depth experience in financial derivatives domain, we are sensitive to the needs of today’s traders, sales desks and risk managers.
Pyxis has experience in developing and implementing comprehensive derivatives risk management platforms including development and validation of analytics. Pyxis has deep understanding of technology used in fast paced & high volume trading environments
With this experience, Pyxis is well geared to address challenges faced by the Global Markets.
The services division of Pyxis caters to the explicit challenges faced by traders and risk managers in domain and technology projects.
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