We are your professional guide in the complex world of commodity trading and clearing services.
Our knowledge – our skills – our competences: to enable you to optimize your business.
Restructure Operational Team
For an European exchange the operational department was reviewed and made fit to meet the requirements related to the strict rules of the financial markets. The successful restructuring enabled the company to obtain a Regulated Market license.
Risk related to Clearing Banks, CCP’s and Exchanges
On behalf of a leading European Utility and triggered by the financial turmoil in 2012 a inventory is done on the legal liabilities towards a range of counterparties related to exchange trading. At the same time the differences between nation specific laws on a global scale are mapped in order to define the right set of counter measures that secures a max. level of protection.
Exchange Membership Optimization
A detailed study for a main utility on the continent is covering all aspects and cost drivers to review the trading relation with one of the leading global commodity exchanges. Based on traded volumes, fee variations between the different types of memberships and prognosed trading activities it is concluded that a direct trading membership brings a serious cost reduction. At the same time eventual side effects of regulations are considered to avoid negative impacts. The final recommendation is implemented and turned into a sustainable cost reduction, year by year.
Standard data incl. reconciliation matrix definition
To increase the operational efficiency a range of standardisation is defined within the operations area for exchange and clearing related business. This results in improved quality of work, efficient issue solving and faster implementation of new products and allowing the trading desk a more flexible early mover approach in emerging markets with related benefits and profits.
The setup of a reconciliation matrix includes the definition of deal attributes per commodity to ensure a clear processing and easier setup of new products.
Optimization of reconciliation process
For a leading utility a generic reconciliation process is developed and implemented. In this way the dependency to external processes is reduced to a simple data mapping item. The reconciliation process is brought to a more sophisticated level resulting in less mismatches, less manual interventions and faster processing.
Transaction Costs Optimization
Based on a full year of trading date a full set of variables and cost drivers is analysed to get a higher level of transparency and enable faster response to changing market variables. This the basic for a further optimization of trading (related) costs and understanding the effect of strategy related trading decisions. At the same time the top 5 utility is delivered a list with recommendations on potential cost savings in height of several m€.
The CMeXs Core Values
CMeXs is a management consultancy known for a non-conventional approach. Nothing is what it seems to be and different ways to look at things are the guarantee for astonishing and profitable results.
At the same time CMeXs is known for factual analyses and inventories that are used for deliberative recommendations and solutions. A practical and efficient approach combined with well prepared implementations is the guarantee for a cost effective spend of investments
