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Fiduciary Contract product & process presentation
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Welcome
Presentation
Objectives
Scope
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Program
What is a fiduciary deposit contract ?
How is it processed ?
Portfolio management ordering optimization
Questions & Remarks
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What is a Fiduciary Deposit ?
Short Term money market investment 1 – 12 months
Performed at an overseas bank
For the account and at the risk of the customers
Customer must have signed the fiduciary agreement
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2 Types of Fiduciary Deposits
Fixed Term
• Fixed maturity date, amount , and interest rate.
Call• called with 48 hours
notice, variable amount, floating rate
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Example of a fiduciary fixedplacement
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Example of a fiduciary fixedliquidation
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Order type
Placement
Capital increase
Capital decrease
Modification rates
Interest payment
Liquidation
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We should understand :
What is a Fiduciary Deposit ?
The different order types
Let’s see : Workflow & Process
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Fiduciary Workflow & Process
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Improvement Process
Objectives • Improve :
• Fiduciary Ordering
Outcomes • New fiduciary proposal orders
Benefits
• Portfolio Managers will receive automatically proposed trades following portfolio investment strategy
Context• Family Offices : 300 employees
• Luxembourg Wealth Management
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Fiduciary ordering process
ClientCashFlow
aligned withPortfolio Strategy
?
Client Cashflow
Cash Position
Portfolio Strategy
Proposal orders
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Example portfolio strategy : 20% cash investment on short termtterinvestinvestementPortfolio Cash Flow Proposal
Guttemberg250’000 USD Cash50’000 USD Fiduciary
Standing Orders
Debit 50’000 USD
Decrease10’000 USDFiduciary
Albrecht100’000 USD CashNo Fiduciary placement
Maturity Deposit
300’000 USD
Fiduc. Placement
60’000 USD
Thoms & Co500’000 USD Cash100’000 USD Fiduciary
IBM Coupon
50’000 USD
Increase10’000 USDFiduciary
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How have I implemented this project ?
Specified new process with business & technical team
Configured the new process
Specified the test case
Organized training session
Supported the deployment on production
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Questions & Remarks
Thanks for your attention
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