Client Type: Insurance
Sector: Life Insurance
Location: Asia
Challenge:
No existing trading, derivatives, structuring capabilities, or supporting infrastructure within the Investment Office.
Solution:
Designed and established a full-spectrum trading desk, including front-to-back Target Operating Models. Implemented live trading and risk systems, negotiated triparty novation agreements, and executed new ISDA and CSA documentation. Developed bank compliance frameworks to support institutional onboarding.
Result:
- Transitioned USD 7 billion notional in derivatives (FX Forwards, CCS, IRS) across 8 counterparties and 12 trading desks
- Deployed live execution and risk platforms
- Enabled direct trading with multiple dealers under new legal agreements
Value Delivered:
Established full in-house derivatives capability, improved execution quality and pricing transparency, strengthened risk controls, and significantly reduced ongoing portfolio maintenance costs.