References
Selected project engagements across banks, asset managers, and financial institutions.
International Merger of 2 Major Banks
Support the merger of 2 major swiss banks, with a focus on Non-Core and Legacy transactions. Enable business and IT to migrate trading activities and decommission the legacy IT stack to meet cost targets.
Europabank Merger
Analysis of existing trading flows and implementation of migration procedure. Execute the trade migration in close alignment with trading desks and wealth management.
Redesign of Internal Risk Transfer and Funds Transfer Pricing (FTP)
Fundamental redesign of internal booking models to allow for a real-time internal risk transfer to allow for better risk management. Implementation and testing of new applications to enable the project scope. Migration of trading activities from old booking model to new booking model, with a volume of several thousand trades with a notional of >1bn EUR.
LIBOR Transition
Global lead of the transition/migration of LIBOR referencing funding and hedging products in the Treasury function towards Alternative Reference Rates (ARR). Modelling, specification, implementation, and testing of ARR related flows where the respective legal entity/desk combination does not have these flows yet. Coordination with funding and hedging counterparties to coordinate an orderly migration of the trades.
Brexit Implementation – Merger of 2 Legal Entities
Local representative of the Treasury function in Germany. Introducing new products/platforms to support the Brexit related merger of 2 legal entities. Plan migration activities of existing flows and positions for a consolidation in the resulting legal entity. Responsible for the migration of all OTC transaction of the Treasury function incl. F2B coordination with all stakeholders (5 products, 6 locations).
FINMA/Swiss "Too Big to Fail" Regulatory Initiative
Implementation of an independent market access to be prepared for a crisis scenario in which the primary market counterparty is not available anymore. Project representative for Treasury. Responsible to collect and formulate business requirements and support testing activities.
Implement Treasury Function in a Merged Legal Entity
Implementation of an enhanced Treasury function in a merged Investment Bank (roll-out of new trading products, e.g. bonds, repos, interest rate derivatives, fx derivatives). Support of finance (FinRep and RegRep) to process new products in regulatory reporting systems (BearingPoint – Abacus/DaVinci). Ad hoc technical and business specification and implementation of Excel based applications including an interface between internal risk systems and regulatory reporting and ledger systems.
Merger of Several Wealth Management Entities
Analysis and specification of changes for wealth management client flows of branches of a to be merged the bank. Coordination of local project teams (Germany, Luxembourg, Italy, Spain) and tracking of project activities to ensure timely delivery.
Re-routing of Market Making Activities
Re-routing of the market making flows to a new exchange membership and decommissioning of a B2B process via the exchange membership of another broker. Responsible for specification, implementation, test, and migration of the exchange membership change.
Re-routing of Client Flows Due to a De-merger
Specification and implementation of order flows due to the de-merger of a Swiss Investment Bank (carve out of Wealth Management business). Focus on market making activities incl. the specification of the target account and risk book setup.
IT Transformation Roadmap
Planning of a transformation roadmap for the controlled conversion of the process and IT landscape of a regional state bank. Compiling and managing the transformation plan with overall budget > 500m EUR. Evaluation of the existing application landscape, definition of the target architecture, and development of a phased implementation plan across business and IT.
Implement Bundesbank "Emissionsstatistik" Requirements
Specification, implementation, and test coordination of an application to fulfil “Emissionsstatistik” reporting requirements for a regional state bank. Interacting with various stakeholders (Business, IT, Regulatory Reporting, Operations) and managing the project implementation. Responsible for the overall project lifecycle from business analysis and specification to IT implementation, UAT, and production deployment.