The cornerstone of business
21 June 2017
Networks are still important in securities finance, but they do not always have to involve finger food and drinks. Senior members of the Comyno team explain
Image: Shutterstock
For decades, networking has been one of the key ingredients to success within our industry.
Why so? The (social) networks that we have built throughout the years ensure that we have a reliable counterpart to talk to for any business opportunity—or problem—that could arise in daily work. Even today, this is and will remain a major cornerstone.
Important factors such as trust and performance have always been the basis of our relationships and success.
Actually, those basics are not that different to another type of network: the digital one.
Clearly, securities finance is still undergoing huge changes.
The requirements in terms of steering liquidity, risk weighted assets and key ratios are being answered with a broader range of more complex products traded.
Most of those products are no longer on a bilateral basis only, but come with a ‘bunch’ of service providers along the value chain.
This is why we at Comyno dedicate our work and efforts to steadily enhancing our C-One software. Wiring your business seamlessly into the changing landscape lets you focus on revenue-driving activities, while the machine caters for the groundwork.
Without automating the whole transaction chain, on both the trading side and the collateral side, it’s difficult to make a profit while complying with regulations.
Banks, their counterparties, trading venues, collateral service providers, central counterparties (CCPs), asset servicing providers, depositories and even trade repositories are all working on isolated IT systems, providing mostly proprietary interfaces.
This results in pulverising budgets and trying to make straight-through processes happen with internal software developments.
C-One solves exactly these issues, by providing out-of-the-box but configurable connectivity to the securities finance market, combined with covering repo, securities borrowing and lending, derivatives, and spot and collateral trade flows, to fully automate a modern securities finance desk, including regulatory reporting out of one hand.
Combined with our specialist consulting services, Comyno is the one-stop shop for your securities finance activities.
Why so? The (social) networks that we have built throughout the years ensure that we have a reliable counterpart to talk to for any business opportunity—or problem—that could arise in daily work. Even today, this is and will remain a major cornerstone.
Important factors such as trust and performance have always been the basis of our relationships and success.
Actually, those basics are not that different to another type of network: the digital one.
Clearly, securities finance is still undergoing huge changes.
The requirements in terms of steering liquidity, risk weighted assets and key ratios are being answered with a broader range of more complex products traded.
Most of those products are no longer on a bilateral basis only, but come with a ‘bunch’ of service providers along the value chain.
This is why we at Comyno dedicate our work and efforts to steadily enhancing our C-One software. Wiring your business seamlessly into the changing landscape lets you focus on revenue-driving activities, while the machine caters for the groundwork.
Without automating the whole transaction chain, on both the trading side and the collateral side, it’s difficult to make a profit while complying with regulations.
Banks, their counterparties, trading venues, collateral service providers, central counterparties (CCPs), asset servicing providers, depositories and even trade repositories are all working on isolated IT systems, providing mostly proprietary interfaces.
This results in pulverising budgets and trying to make straight-through processes happen with internal software developments.
C-One solves exactly these issues, by providing out-of-the-box but configurable connectivity to the securities finance market, combined with covering repo, securities borrowing and lending, derivatives, and spot and collateral trade flows, to fully automate a modern securities finance desk, including regulatory reporting out of one hand.
Combined with our specialist consulting services, Comyno is the one-stop shop for your securities finance activities.
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100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Íø±¬³Ô¹Ï Finance Times
