Olus Humpty Dumpty Cheat Sheet

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Next time the world blows up and blows up your neighborhood broker-dealer and you are brought in to put Humpty back together again, use this cheat sheet.

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Olus Humpty Dumpty Cheat Sheet

  1. 1. Olu Oni’s 4 Page Cheat Sheet:When Broker-Dealers Go Bust: How to put Humpty back together again…to pay up
  2. 2. Olu Oni’s 4 Page Cheat Sheet:When Broker-Dealers Go Bust: How to put Humpty back together again…to pay up
  3. 3. Olu Oni’s 4 Page Cheat Sheet:When Broker-Dealers Go Bust: How to put Humpty back together again…to pay up Claims, Matching and Cash Reconciliation Post-Armageddon Settlement Environment Post-Armageddon Operational Environment 1. Set Up a Claims Template and workflow A Claims template will specify what information is to be captured (separate from the legal Claim itself). E.g. Counterparty Trade Ids, Trade Details, MTM, Market Data 2. Automate claims workflow and design Claims db Claims Inputs/ Workflow Trade Trade Identifier Trade Details Classifications and Status Pricing Policies Database Counterparty Database Database Claims Counterparty Pricing Market Model Trade-to-Model Counterparty Market Database Database Classifications Mapping Database Identifiers Database 3. Build/Buy a Matching Engine 4. Match Counterparty Trades Counterparty 6. Build/Buy a Cashflow Rec Trade Details 5. Build/Buy a Data Mining Engine Engine 7. Reconcile Cash Receipts Data Mining Engine Counterparty Trade Confirms Cashflow Valuations Image Database Rec Valuations Consistency Test Data Warehouse Matching Received Cash Expected Cash Engine Database Database Valuations Database Matched Trades EOD Ref Data Database EOD MTM and (Curve, Instrument EOD Market Data EOD Risk Identifiers, Books Net Database Database Calendars) Trades Database Counterparty Collateral and Hierarchy and Collateral MTM Exception Trades CSA Database Database Bid-Offer Spreads Database
  4. 4. Olu Oni’s 4 Page Cheat Sheet:When Broker-Dealers Go Bust: How to put Humpty back together again…to pay up

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