Welcome

Presentation

Objectives

Scope

Ber

tran

d G

ran

ach

erIT

Bu

sin

ess

Co

nsu

ltan

t

Program

What is a fiduciary deposit contract ?

How is it processed ?

Portfolio management ordering optimization

Questions & Remarks

Ber

tran

d G

ran

ach

erIT

Bu

sin

ess

Co

nsu

ltan

t

What is a Fiduciary Deposit ?

Short Term money market investment 1 – 12 months

Performed at an overseas bank

For the account and at the risk of the customers

Customer must have signed the fiduciary agreement

Ber

tran

d G

ran

ach

erIT

Bu

sin

ess

Co

nsu

ltan

t

2 Types of Fiduciary Deposits

Fixed Term

• Fixed maturity date, amount , and interest rate.

Call• called with 48 hours

notice, variable amount, floating rate

Ber

tran

d G

ran

ach

erIT

Bu

sin

ess

Co

nsu

ltan

t

Example of a fiduciary fixedplacement

Ber

tran

d G

ran

ach

erIT

Bu

sin

ess

Co

nsu

ltan

t

Example of a fiduciary fixedliquidation

Ber

tran

d G

ran

ach

erIT

Bu

sin

ess

Co

nsu

ltan

t

Order type

Placement

Capital increase

Capital decrease

Modification rates

Interest payment

Liquidation

Ber

tran

d G

ran

ach

erIT

Bu

sin

ess

Co

nsu

ltan

t

We should understand :

What is a Fiduciary Deposit ?

The different order types

Let’s see : Workflow & Process

Ber

tran

d G

ran

ach

erIT

Bu

sin

ess

Co

nsu

ltan

t

Fiduciary Workflow & Process

Ber

tran

d G

ran

ach

erIT

Bu

sin

ess

Co

nsu

ltan

t

Improvement Process

Objectives • Improve :

• Fiduciary Ordering

Outcomes • New fiduciary proposal orders

Benefits

• Portfolio Managers will receive automatically proposed trades following portfolio investment strategy

Context• Family Offices : 300 employees

• Luxembourg Wealth Management

Ber

tran

d G

ran

ach

erIT

Bu

sin

ess

Co

nsu

ltan

t

Fiduciary ordering process

ClientCashFlow

aligned withPortfolio Strategy

?

Client Cashflow

Cash Position

Portfolio Strategy

Proposal orders

Ber

tran

d G

ran

ach

erIT

Bu

sin

ess

Co

nsu

ltan

t

Example portfolio strategy : 20% cash investment on short termtterinvestinvestementPortfolio Cash Flow Proposal

Guttemberg250’000 USD Cash50’000 USD Fiduciary

Standing Orders

Debit 50’000 USD

Decrease10’000 USDFiduciary

Albrecht100’000 USD CashNo Fiduciary placement

Maturity Deposit

300’000 USD

Fiduc. Placement

60’000 USD

Thoms & Co500’000 USD Cash100’000 USD Fiduciary

IBM Coupon

50’000 USD

Increase10’000 USDFiduciary

Ber

tran

d G

ran

ach

erIT

Bu

sin

ess

Co

nsu

ltan

t

How have I implemented this project ?

Specified new process with business & technical team

Configured the new process

Specified the test case

Organized training session

Supported the deployment on production

Ber

tran

d G

ran

ach

erIT

Bu

sin

ess

Co

nsu

ltan

t

Questions & Remarks

Thanks for your attention

Ber

tran

d G

ran

ach

erIT

Bu

sin

ess

Co

nsu

ltan

t