RCloud is well equipped in helping our clients transform their core operations and business strategies to achieve regulatory compliance. With knowledge and experience of working on major regulations such as MiFID II, EMIR, CCAR, FRTB, Dodd-Frank and SFTR; we can help our clients conduct impact analysis, structure delivery programmes, execute by required deadlines and setup BAU and Assurance Models.

RCloud has also extensively worked with CROs and CFOs at Tier 1 Investment Banks and delivered strategic changes to better manage Market Risk, Credit Risk and Operational Risk. Some of the projects we have delivered include implementation of Risk Based PnL across the Bank, Front to Bank Standardisation of Market Data and Sensitivity calculation, overhaul and automation of Risk reporting by on-boarding cutting edge vendor solutions.

With experience in a broad range of organisations and a proven track record of delivering risk and regulatory change in a well-defined but pragmatic manner, RCloud delivers a powerful combination of expertise, leadership and advice that is tailored to the specific requirements of each engagement.

Organisations are under increasing pressure to ensure that their processes are as efficient as possible in order to maintain a strong advantage. Customers and regulators alike have come to expect well run, lean operations in the quest for greater transparency, better service and a higher return on investment.

Identifying and dealing with inefficiencies is more than just cost-cutting and often requires smarter adoption of technology, streamlining redundant processes and implementing an optimal resource or location strategy.

At RCloud, we have a team of consultants who are experts in operational excellence, with a track record of working within the financial services sector to help businesses achieve their strategic goals around customer satisfaction, revenue growth and cost reduction.

We have successfully completed a high profile FRTB analysis for a leading European Bank identifying the key impacted areas. This included definition of trading books/desks, Risk Factor classification, implementation of technical sandbox solution to run the P&L attribution test and Risk Theoretical P&L.

At the time of engagement, our programme sponsor was keen to understand the desks that would fail the FRTB tests. Our lead consultant conceptulaised the ideas of a sandbox where the FRTB tests can be run for each desk and worked closely with traders, quants and risk management teams to implement the required infrastructure in a 12 week period providing a visual dashboard and heatmap of the results of FRTB tests for each desk.

Our investment banking client wanted to review the business processes, organizational model, location strategy and technology supporting its Rates business. The goal was to improve control, while increasing the scalability and agility of the business. Our objective was to develop a roadmap with costs that would drive investments into this business.
We deployed four senior consultants with in-depth Rates business experience — for a three-month review. Our team developed clear measures of success for the target state, and reviewed weaknesses of the current state. Using these data points, the RCloud team facilitated a number of working sessions to design the target state business processes. We then overlaid this with organizational design details before crafting a multiyear technology roadmap that successfully delivered benefits over a three-year time frame.