Middle/Back Office
The back offices of financial institutions have to face up to the constant need for the automation of the transactional chain and in-house and regulatory reporting systems. In addition to this, the rapid reconciliation and valuation of positions and stocks have become essential to risk departments and collateralisation requirements.
The specialists in operations and development at Hiram Finance work on a number of levels within this automation process:
- Setting up of Straight Through Processing systems (validation of operation tickets, confirmation, reconciliation, settlement) in back offices;
- Project management in the implementation of front/back software;
Building of tools
- Automated importing of market positions and data for the tracking of limits, the calculation of the result and stress scenario implementation;
- Automatic analysis of the status of the matching and liquidation operations;
- Stock reconciliation and valuation, e.g. for the purposes of collateralisation contracts

