FX | RATES | CREDIT | EQUITY | VOLATILITY | CAPITAL EFFICIENCY
01
HEDGE PROGRAMMES THAT NEED BUILDING OR RETHINKING
FX, Rates, Credit, Equity and Volatility hedges designed, reviewed or rebuilt around the underlying exposures, liabilities and portfolios.
02
CAPITAL THAT COULD WORK HARDER
Capital, liquidity, funding, financing and collateral that could be better structured, deployed or managed.
03
WHEN THE BANK ISN’T THE ONLY VOICE YOU NEED
Independent expertise alongside counterparties when important structuring and hedging decisions need another set of eyes, with advice focused on what works for you, not what someone else wants to sell.
04
WHEN THE TEAM NEEDS MORE CAPABILITY
Boards, investment committees or treasury teams that need additional financial markets, derivatives or risk expertise without making a permanent hire.
05
BUILDING SOMETHING NEW
New treasury frameworks, derivatives infrastructure, policies, hedging mandates or hedging programmes that need specialist design from the outset.
ASSET MANAGERS
CORPORATE TREASURIES
PRIVATE MARKETS
FAMILY OFFICES
DIRECT CAPITAL INVESTORS
LENDERS & INSURERS
What Para Bellum does not do.
Product Distribution
Generic Advice
Beauty Parades
WHAT THE WORK COVERS
DERIVATIVES & STRUCTURING
FX, Rates, Credit, Equity and Volatility.
From straightforward hedging through to complex structures.
COUNTERPARTY DOCUMENTATION
ISDA, CSA, GMRA and GMSLA negotiations.
Restructurings. Exits. Portfolio transitions. Novations.
CAPITAL EFFICIENCY
Improving the use of capital, liquidity, funding and collateral.
PORTFOLIO ENGINEERING
Programme design
Hedge design
Portfolio overlays
Portfolio / Trade Restructuring
Unwinds
DERIVATIVES & TREASURY INFRASTRUCTURE
FX & Rates policies
Derivatives governance
Operating frameworks
Hedging mandates
Monitoring and reporting tools built for the programme
TEN CURRENCIES, NO INFRASTRUCTURE
CORPORATE TREASURY
A group CFO managing exposure across ten currencies with no consolidated view.
Financial statements instead of an exposure map.
WAREHOUSE FACILITY RATE MISMATCH
PRIVATE CREDIT
A hedge redesign: floating funding costs repriced instantly while asset yields lagged.
Turning short-duration exposure into leveraged rate risk and compressing ROE.
CAPITAL EFFICIENCY IN AN OPERATING AIRPORT FINANCING
INFRASTRUCTURE
Capital trapped by CSA and collateral mechanics.
Not by hedge failure or credit stress.
LET’S MAKE IT HAPPEN
Have a requirement, a decision to make or something you want to do better?