Product Control for Capital Markets

Capital markets firms need to transform their product control applications environment, creating a golden source of all data in a common services layer to enhance operating efficiency, reduce errors and speed regulatory reporting. An applications portfolio assessment can help.

Product control is a mid- to-back-office function that needs reliable data from front-office operations and sub-ledgers to generate and substantiate P&L numbers. Creating a golden source of all data in a common services layer enhances operating efficiency, reducing errors and speeding regulatory reporting. Legacy applications make it difficult to free this data, and new regulations related to price verification require a new infrastructure to verify internal pricing used in processing P&L statements.

 

Data and Applications Management for Product Control & Pricing

Capgemini has extensive experience developing common interfaces for aggregating data from applications supporting trades; investment positions, risk, and valuations; and market and reference data across multiple asset classes. Our professionals are involved in all aspects of product control, including accounting, front office/back office reconciliations (FOBO) and price testing. We are experts in applications management—including portfolio rationalization—and in price verification regulations.

Our Product Control Experience & Expertise

Capgemini has extensive experience across product control business processes – P&L flashing, reconciliations, P&L production, P&L explain and reviews, trade activity review, price testing, commentary, trial balance and balance sheet generation. We have created specific accelerators for data consolidation and standardization that speed implementation of data interfaces and processing across various product control applications. In application rationalization, accelerators are used to identify redundancies and gaps and to apply implementation experience for key price testing regulations.

 

Contact Us

For more information on our product control offerings, email us at capitalmarkets@capgemini.com or contact an expert.

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