MCG Tactical Tools - DTCC Data Quality Metrics Tool

Monticello was called upon by a top swap dealer to implement a tool to reconstruct the DTCC’s monthly data quality metrics on a daily basis. The result was a streamlined and user-friendly toolset that allowed our client to identify, investigate, and resolve data issues before they impacted reporting.

Read More

Brokerage Payables Remediation Engagement

A top investment banking client recently called on Monticello to help with a process fit for automation.  The engagement called for building a suite of tactical tools to address a particularly thorny reconciliation dilemma. See how we helped them resolve the issue and dramatically reduce the need to manually fix breaks in their payments systems.

Read More

Dodd-Frank Reporting: Live Positions Migration for Money Center Bank

As part of the Dodd-Frank Wall Street Reform legislation, our client was required to backload live position data to the DTCC's Global Trade Repository (GTR) across several asset classes. Monticello Consulting Group helped them assemble a team to coordinate and execute the backload of all live positions from various front office systems into an internal rules validation system, and further into the industry-wide trade repository. The team developed a custom process to test, execute, and validate end-to-end results of this effort for two successive compliance dates.

Read More

Swaps Regulation

As the rules pertaining to swap dealer registration under Title VII of the Dodd-Frank Wall Street Reform Act (“Dodd-Frank”) are now finalized, swap dealers (SDs) and major swap participants (MSPs) are now required to register with the SEC and/or the CFTC to continue trading on behalf of “US persons” (i.e. US-based clients).  Across Wall Street, Monticello Consulting is seeing its investment banking clients undertake time-critical projects in order to make significant changes to both their business processes and technology platforms in order to comply with Dodd-Frank rules.

Read More