• LEADING THE FIELD IN TREASURY

    LEADING THE FIELD IN TREASURY

Major Bank Group in the UAE

Challenge

  • Build on the work undertaken in the trading businesses and to maximise the Bank`s return on its investment in the Business
  • Provide a framework which is benchmarked to current industry best practice and prepares the Bank for the more rigorous requirements of Basel
  • Examine the ALM/ALCO area at the Bank with a view to developing a more contemporary approach to its organisation and processes
  • Provide ‘on-desk’ Coaching / Mentoring for the Bank`s traders, covering Spot Foreign Exchange, Forward Foreign Exchange, and Money Markets

Solution

  • Detailed Review of processes and Risk Management in the ALM/ALCO area
  • Benchmarking of the Bank’s ALM/ALCO processes to industry best practice standards (e.g. FSA)
  • Comprehensive template for new ALM/ALCO structure and practices
  • Assistance with effective performance management
  • Appropriate model and structure for the Bank`s Funds Transfer Pricing protocols

 Outcome

XMI deployed it`s dedicated ALM/ALCO specialists onsite to work with the Bank`s team to develop ALM/ALCO structure and practice, which led to improved Treasury performance.