RBC Investor Services has launched a Global Derivatives Platform for listed and OTC derivatives.
This single platform and operating model was developed to deliver middle and back-office services to listed and over-the-counter (OTC) derivatives for a wide range of global clients.
RBC Investor Services’ clients are increasing their investments in listed and OTC derivatives using a convergence of traditional and alternative investment strategies. Client migrations to the platform have already begun and will continue in 2013 with the integration of the new central clearing requirements in the global operating model.
“This is a robust, scalable, and flexible application that enables RBC Investor Services to continue delivering the highest standard of client service, manage increasing volumes of trades and support the expansion of our product coverage,” says Olivier Laurent (pictured), director, alternatives investment, RBC Investor Services.
The new global platform will support an increased range and complexity of derivatives products and services such as trade processing, independent derivatives valuations, cash flows and collateral management. With a centralised governance platform allowing for a clear audit trail for derivatives pricing, the platform also reduces risk while satisfying a client’s increased need for transparency.