RBC Investor Services launches global derivatives service
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RBC Investor Services launches global derivatives service 28 September 2012 Toronto Reporter: Georgina Lavers
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RBC Investor Services has launched a derivatives platform to deliver middle and back-office services to listed and over-the-counter (OTC) derivatives.
“Global clients are increasing their investments in listed and OTC derivatives using a convergence of traditional and alternative investment strategies,” said the firm. “Client migrations to the platform have already begun and will continue in 2013 with the integration of the new central clearing requirements in the global operating model.”
"This is a robust, scalable, and flexible application that enables RBC Investor Services to continue delivering the highest standard of client service, manage increasing volumes of trades and support the expansion of our product coverage," said Olivier Laurent, director of alternatives investment.
The new global platform will support an increased range and complexity of derivatives products and services such as trade processing, independent derivatives valuations, cash flows and collateral management.
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