Money and Capital Markets - Treasury

From Trading and Sales to Market Risk, from Foreign Exchange to Fixed Income, from EMIR to MiFID II, our consultants have in-depth knowledge about the heart of a bank.

Money and Capital Markets Department, also known as Treasury, is one of the most important departments in a financial institution, responsible for several mission critical operations. The Trading Desk is balancing and managing the daily cash-flow and liquidity within the bank, while also handling the bank’s investments in Securities, Foreign Exchange and Interest Rate derivatives, cash instruments. The Trading Desk can also underwrite debt and equity securities from the issuer (e.g. as a Primary Dealer in the issuing of the State Treasury Bonds and Government Securities) and is also being responsbile for asset and liability management.

The Sales Desk seeks to meet Institutional and Corporate customers’ investment and risk coverage needs and manages the sales of Treasury Products. The Markets area also supports the Retail Banking division to serve individual customers and participates in product design, manages products and the associated risks.

Advocate Organization Development has a leading role in supporting Treasury and ALM operations of the financial institutions in Hungary. Our consultants are coming from different backgrounds (business and IT) and several years of experience in fields related to Treasury Operations:

  • Business workflow and process optimization: evaluate and review business processes, rearrange and optimize product portfolio (FX, Interest Rate and Commodity Derivatives, Structured Products, Securities Lending and Repurchase etc.)
  • Support and lead product development: introducing new Structured Products, Debt and Equity Underwriting, help with Corporate Bond Issuing, help managing the product portfolio.
  • Regulatory compliance: consulting and development services to comply with EMIR, MiFID and PRIIPS regulations
  • Providing end-user support and consulting services for well-known Treasury systems: Kondor, Murex, Inforex, TBOR, Clavis, Monolit, Zeus, Calypso, Bloomberg, Reuters, Electronic Trading.
  • Providing IT Business Analysis, Development and Testing services: IT consulting services for Treasury systems, middleware and related interfaces/applications (interfaces to Bloomberg, Reuters solutions, integration to Core Banking system, etc).

Latest Treasury Projects

Conducting RFI for new Treasury system

Advocate consultants were responsible of assessing the requirements of a Hungarian Financial Institutions regarding the upgrade of an out-of-lifecycle Treasury Front and Back Office system and conducting and evaluating an RFI with the possible vendors and their systems. During the project, our consultants were able to help our client assess the presented solutions and choose from them by a decision based not solely on the price of the product but the overall cost of the project, including necessary interface developments with already available systems and further operational process changes.

FX Payment Netting renewal

Renewal of the dealing and settlement processes in case FX OTC product's to meet new ISDA requirement.

MiFID2 project

Designing developments and new module implementation in Bank's Treasury System assuring the MiFID2-compliance, work flow optimization

EMIR OTC Derivatives reporting obligation

Mandated by ESMA, Advocate consultants were key solution providers in several Financial Institutions.

Treasury System Upgrade and New Product Introductions

Upgrading the Bank's Treasury System (Finastra/Misys Kondor), designing and running test cases, providing detailed specifications for currently used interfaces. Introduction of new FX products and sales channels.