Oliver Wyman’s Market Infrastructure Executive Conversations features thematic discussions with senior industry executives on topics of strategic interest facing the market infrastructure sector
Introduction
A Conversation with Mike Bodson
Our third market infrastructure interview features our partner Alex Lyall and Mike Bodson, President and CEO of DTCC. They discuss the changing industry landscape, as well as the implications of technology innovation, risks, regulation, and the future outlook for the industry.
Watch our video as featured on Tabb Forum.
A Conversation with Marcus Thompson
Our second market infrastructure interview features our partner Thomas Ivell and Marcus Thompson, CRO of Deutsche Börse Group. They discuss the state of risk management in market infrastructure, stress resilience and opportunities in Big Data.
Market Infrastructure Expertise
For over 20 years, Oliver Wyman has been the leading advisor to the market infrastructure community, placed at the intersect of MI providers, the sell- and the buy-side. We combine market participant and consulting perspectives in a global team.
Operations & tech enhancements
- Vendor selection/outsourcing assistance
- Management of RfP and RfI processes
- Development of infrastructure blueprints
- Review of trends in systems landscape
- IT capabilities diagnostic
- Benchmarkingof infrastructure
- IT investmentplan design
- Operating model and sourcing support for post-trade services
Risk management
- Risk strategy and appetite
- Risk methodologies – margin modeling, stress testing, liquidity risk analytics, credit risk methodology, capital planning
- Risk IT, organization, governance, and processes
- Benchmarking and gap analyses
- Risk culture and 3 lines of defense assessment
- Risk metrics, reporting and analytics
- Risk infrastructure and systems
Regulatory and stakeholder management
- Regulatory program support
- Regulatory response – regulatory impact assessment, industry proposals, CPMI-IOSCO assessment
- CSD and custody strategy (incl. response to T2S, AIFMD, UCITS, etc.)
- Fixed income and other market development initiatives
- Regulatory trends and implications on industry structure / business models
New business initiatives / strategy
- New market launch
- New product/instrument launch
- Existing product refinement (e.g. specs)
- Direct market access
- Introduction of new service types (e.g. market data, new clearing and collateral mgmt. services
- (Temporary) trading incentives
- New member acquisition
- International Financial Center strategy
- New CCP build and implementation
Investments and M&A / partnerships
- Mergers and acquisitions
- Partial stake divestitures and cross-share-holding structures
- Technology partnership incl. platform sharing/co-development
- Cross-border liquidity pooling
- Product partnership (e.g. cross-listing)
- Knowledge sharing/strategic cooperation
- Post merger integration support
- Post transaction value-planning
