We help financial institutions manage complex regulatory and business change.
Treliant combines global banking, compliance, regulatory experience, innovative data solutions, and highly skilled specialists to help financial institutions deliver their capital markets regulatory and business change projects and assess their capital markets processes. Our capabilities include project and program management, risk and finance analytics, data management, digital transformation, and legal documentation. We also provide financial crimes compliance services including Foreign Corrupt Practices Act/U.K. Bribery Act compliance, fraud risk management, sales practices compliance, and surveillance.
Program assessment, operating model design and implementation, including governance, three lines of defense, risk dashboards and policies/procedures
Develop advanced approaches for proactively identifying potential employee misconduct
Treliant's Capital Markets Services Include:
Data Solutions
We help global financial institutions engage technology and unlock their data to transform their business. We’re experts in transformation around data, finance, risk, and regulation, using cloud and on-premises data warehouses, big data platforms, and FinTech and RegTech solutions.
We know how to help you innovate, generate insights, and build the platforms you need to execute on your strategy. We’ve been helping leading financial institutions do so for over a decade now.
We built our business on the belief that successful tech-enablement requires a blend of technological expertise, change management experience, and digital transformation skills.
Combining these capabilities with a broad understanding of your organisation and the challenges you face enables us to deliver the optimal solution to ensure rapid and sustained improvements.
Undertake control testing for corruption and bribery risks within a U.S. registered broker-dealer with a global presence
Treliant's Capital Markets Services Include:
Fraud Risk Management
Program assessment, operating model design and implementation
Data lineage analysis, fraud rules/scenario development and implementation, fraud risk management systems implementation
Treliant's Capital Markets Services Include:
Fundamental Review of the Trading Book (FRTB)
FRTB addresses the shortcomings of the current market risk framework to make the financial system more robust while not unduly inhibiting the efficiency of the market.
Breaking down the complexity, we help banks manage the elements of risk management to ensure regulatory compliance
Risk Management and Internal Controls – conduct a gap analysis of a bank’s enterprise-wide risk management framework and internal controls systems to determine the enhancements necessary to meet the risk management requirements covering capital planning, liquidity risk management, and compliance risk management.
Data Quality Management – plan to enhance a bank’s data quality management program, including data governance.
Compliance Risk Management – plan to enhance a bank’s compliance risk management program and an analysis of the most material risk factors
Treliant's Capital Markets Services Include:
Regulatory Change Management
This challenging regulatory environment needs high-performing, skilled specialists with financial and technical literacy to deliver change management programs. Vox offers quality regulatory specialists and competitive pricing to plan, resource, and deliver major change projects.
We can manage global projects by augmenting your existing team with experienced project managers and subject matter experts, supported by trained and resourceful junior staff, to provide scalable resourcing. We are also able to own delivery end-to-end, building and executing the right program to meet your objectives and requirements. In both models, we can work on client premises or from our near-shore Service Delivery Centres.
Development of sales practices metrics for management reporting
Treliant's Capital Markets Services Include:
Service Delivery Centre
Our Service Delivery Centres (SDCs) offer project teams, staff augmentation, and business process outsourcing from our sites in Belfast, Northern Ireland and Lodz, Poland.
We deliver high-quality staff, overseen by an experienced Vox executive team; secure, dedicated office space with high-speed access to our clients’ systems; and a cost-effective and scalable resource model.
Assess Compliance Surveillance programs covering a variety of behaviors, including treating clients fairly (e.g. front running), market manipulation (e.g. insider trading) and many others
Develop a comprehensive Compliance Surveillance Program target operating model
Evaluate existing surveillance systems
Implement third-party surveillance vendor solutions in a capital markets business
Regulatory Change Management
AML Sanctions Screening
A tier one investment banking client needed to accelerate the implementation of a consent order and related global operating standards for sanction matches (GOSSM). With limited bandwidth and insufficient internal expertise, we stepped in and deployed a team of highly skilled consultants with strong regulatory, data governance, and technical backgrounds to assist the AML Sanction Screening Workstreams for their trading business.
IBOR Transition
Global investment banking client is in the process transitioning from LIBOR to SOFR. Treliant analysts are working on all stages of the transition for this global program, including identifying the stakeholders, impacted activity, clients and documents, approach on remediation, aligning with ISDA protocols, and communicating with their clients.
Initial Margin
As a result of new rules requiring the posting of up-front collateral (initial margin) on OTC derivatives trades, our client, a major dealer in in this space, is now required to post or collect collateral for these transactions. The IM rule was introduced in multiple phases, with the threshold for inclusion based on size of client activity. We assisted the client in reviewing trading activity for assignment to the phases, and performed required outreach, document repapering, and implementation of collateral agreements.
Uncleared Margin
A global, systemically important bank needed to implement Uncleared Margin regulatory requirements across a diverse client population including Corporations, Public Sector, Tier 2 Banks, Private Equity Funds, and other Alternative Investment Providers. Early in the client’s analysis of the project, they realized they would need additional, experienced staff resource as it would run concurrently with other client facing regulatory change initiatives. Our team successfully implemented regulatory requirements with no adverse impact to clients, senior management, or front office staff. Treliant’s approach was deemed ‘best practice’ and adopted for other regulatory programs across the bank.
Data Practice
Automated Product Control Adjustment Platform
The client, a US affiliate of a FBO who was subject to EPS regulations, needed to establish an Intermediate Holding Company for regulatory reporting. Treliant was selected to deliver a customer solution that was necessary to 1) automate what was then a highly manual process to modify GL entries because of booking issues, and 2) to accommodate the new granularity of transaction and position detail required for IHC compliance. We established an inventory of the manual adjustments performed by product control and finance, identified repeatable adjustments that were prioritized for development, testing, and implementation, and designed a web-based manual adjustment platform that would allow product controllers to correct trades, positions, prices, pool factors, and trading books.
Federal Reserve Enhanced Prudential Standards
The client, a US affiliate of a Foreign Banking Organization (FBO) subject to EPS regulations, needed to establish an Intermediate Holding Company for regulatory reporting. The FBO selected a regulatory and liquidity reporting vendor system as the IHC’s reporting platform. They selected Treliant to program manage delivery of the data aggregation and file generation streams of the initiative. Treliant’s program management, business analysis and quality assurance ensured that the broker dealer could deliver timely, accurate data to the vendor reporting platform ahead of the regulatory deadline. The project added lasting value by establishing new data standards and documentation that serves as a foundation for subsequent reporting obligations.
Data Gaps in Credit Exposure Reporting
The client is the US branch of a G-SIB that is required to participate in the BIS reporting framework capturing the linkages between global systemically important financial institutions and their exposures to different sectors and markets. This reporting requirement is known as the Institution-to-Institution Credit Exposure report. The bank partnered with Treliant to produce this report, and develop processes to capture regulatory data not previously stored at the bank
Digital Transformation
Development of IT Strategy for Multinational Corporate Bank
A tier 1 banking client was aware that the global banking business had under-invested in technology for several years. The technology stack was suboptimal comprising many manual processes, a lack of standardization, poor data architecture, and an environment that was difficult to change. Investment levels were low year on year and a step change could not be made without a clear strategy and an understanding of cost. We were engaged to develop an IT strategy for the business to underpin an investment case that enabled a more strategic approach to be adopted.
Global Sales Process and CRM Platform roll-out
A global tier 1 bank embarked on a digital transformation program to materially improve the efficiency of the Relationship Management and Product Management teams in supporting and managing clients with their business needs. Treliant was selected to lead the program and provide key resources. The client wanted to deploy Dynamics 365, one of the leading CRM platforms, as a cloud-based SaaS platform to replace an outdated and difficult to change incumbent solution. As part of the change, the bank was looking to homogenize and optimize the sales processes across departments, regions and products for the Corporate Banking area.
NLP Python Application
A global review and recommendation platform were looking to improve the efficiency of their matching and recommendation system when categorizing similar items from e-commerce platforms. Data scrapped from e-commerce platforms and websites does not always have a clear definition and cannot be categorized by simple rules. The process in place included regex rules with specific categories to identify items which was prone to produce a high number of false negatives.The Treliant team implemented a pretrained BERT model to run after the existing rules rejected items, a Python script that extracted data from a MongoDB database and categorized the data accordingly, updated the the database with the new categories, implemented a percentage likelihood metric to correctly determine what the item was, and established thresholds so that only items that had a high likelihood of matching to a specific item were selected.
Culture and Conduct Risk Management
Treliant was engaged by large global financial institution to perform a gap assessment of the firms culture and conduct risk management program to identify areas of the program that would benefit from enhancements relative to industry standards and regulatory expectations.
Treliant worked with the firm implement key components of the conduct risk management program including governance, metrics/reporting, policies and procedures to strengthen the program.
Treliant works closely with its clients to understand their needs and design an appropriate work plan and approach to each engagement. Learn more when you connect with our team.
