Banks - Derivatives

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 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.