Pyxis undertakes consultancy work in areas related to management of treasury processes in compliance with regulatory framework, formulation of risk management policies, advising on structured derivatives and product offering and upgrading derivatives desk operations.

Using our domain expertise we work on the internal processes to make them more efficient and robust. Along with this Pyxis also provides wide ranging customized solutions to its clients as well as specialized IT services to make management of data and information centralized, secure and systematic.

System set up and audit

• Owing to the widespread functional knowledge Pyxis undertakes system set up and audit work for various Risk Management products.
• Set up would involve configuring the risk management system to make it fully functional and audit would involve checking the system for its accuracy and functional correctness.

Advising on Structured Derivatives and Product Offerings

• Pyxis provides consultancy in creating innovative structured products and also provide new products based on the market condition and changing client requirements.

Derivatives desk set up

• Provide complete advisory services for setting up of a derivative desk
• Assist in setting up Front, Mid and back office forming the derivative desk and in defining various role players and their responsibilities
• Help in preparing the required procedural manuals for Front, Mid and Back office and in designing relevant workflows

Formulation of risk management policy

• Assist in formulating a complete risk management policy
• Provide extensive functional assistance in defining the purpose of using derivatives
• Help you determine the variety of products that can be offered to clients
• Define procedures to be followed for dealing or selling derivative products
• Define the reports required for various purposes like statutory reports, MIS reports etc
• Design the entire limit management system including defining stop loss limits, trading and banking book limits and defining basis for setting up counterparty exposure
  limits, etc.
• Advising on Structured Derivatives and Product Offerings
• Pyxis provides consultancy in creating innovative structured products and also provide new products based on the market condition and changing client requirements.

Pyxis derivatives consulting division will help banks to focus more on their core activities while being in line with international standards of processes and controls.

Implementation Services and Training
Pyxis believe in guiding the clients in deriving the maximum benefit from our solution or a third party risk management solution acquired by client. Pyxis provides full implementation services. At the time of implementation a team from Pyxis is assigned specifically for the tasks. The team is responsible for drawing out detailed implementation plans and also its execution.

Along with implementation of the solution, the Pyxis team also study the existing processes and assist the organization in optimizing them. Pyxis provide training as a part of implementation activity. Pyxis provide innovative and cost effective solutions with our expert and talented risk consultants. Our business analyst and technology consultants are well versed in domain knowledge who work with client to customize the solution to their needs.

Integration & Customization Services
Risk Management Systems need to be integrated with other systems such as multiple data feed, back-office accounting system etc. Pyxis team helps integrate all these systems as per the business requirements of the client.

Pyxis also undertakes customization activities and can assist client in the processes related to data capture or any specific functionality requirement.

Support
Post-implementation, a team is assigned to take care of any problems related to the solution provided. The team is stationed at the client site for hand-holding for a specified period so as to minimize the turn around time for changes / modifications and is supported by a team at the development centre in Pune, India. Our support services are targeted to be a meaningful and a key component to ensuring the continued success of a successful solution for the client.