The field of Derivatives is relatively new for many banks in India. We offer advisory services to banks already active in the derivatives market and also to those who wish to enter it or expand the scope of their operations. The areas we cover includes
Pricing and hedging
Credit and Market Risk Management
Control systems including operational risk elements like the treatment of internal deals and compliance
Documentation like Market Risk Product Programme paper, Dealing room manual, sales policy and transaction appropriateness
MIS, VAR, PVOI
Balance sheet hedges and Hedge accounting
Training programs including for mid-office, back office and audit personnel
One of the biggest bank derivatives assignments in India was conducted by us. This formed an end-to-end review of derivatives business of a nationalised bank, starting from sales practices and risk to accounting and audit.We have set up derivatives desks for Indian and overseas banks.
