Traders in our client’s derivatives trading room use an in-house developed booking and position management platform. This platform enables them to monitor the risks associated with this position and to manage the life cycle of structured products, from issue to redemption. The entire platform is based on message-oriented middleware, which gives it robustness (fault tolerance), reliability (ensuring that messages are processed only once) and performance (load balancing), while offering reduced support costs (deployment and hot-swapping of components).

The scope of this project covers :

• Booking electronic executions
• Manual entry and modification of trades
• Real-time display of positions and associated risks
• Automated expiry management for options and futures positions
• Notification of trades to the MO and external regulatory/inspection bodies
• Issuing FO to BO structured products
• Managing events in the life cycle of structured products (coupon payments, dividends, maturities, etc.)
• End-of-day position-holding and PnL
• The loan

The service will consist of :

• Design and implement changes or bug fixes identified by applying the team’s development and quality standards: guarantee architecture homogeneity and congruence, write unit tests, write automated functional tests, measure performance impacts, document code and services exposed to other teams.
• Provide second-level support for level 1 support and traders on the trading floor;
• Participate in the analysis of business needs, and even in the drafting of detailed specifications in certain cases;
• Participate in the analysis and architecture phases of new projects;
• Improve the working environment and practices employed in agreement with other team members (e.g.: automate deployments, set up shared design patterns, refactoring, code reviews). As far as possible, the team works in accordance with certain agile practices such as Scrum.