Sunday, January 2, 2011

Wsd India To Launch An Innovative Derivatives Technology Solution For Institutions

Risk-averse banks and institutions in emerging markets who have been studying the various aspects of getting into the derivative arena and setting up their teams and desks can now outsource their derivatives business to New Zealand-based WSD Global Markets, following the launch of its new service via its India offices WSD INDIA. WSD has commenced its offices and operations in Mumbai, India and plans to immediately expand to Delhi, Chennai, Kolkata, and other metros within India enabling meet the immediate demands of corporate and Financial Institutions within India.

Trading in derivatives specially FX and commodity derivatives can be a risky and costly business that requires expert knowledge and skill to undertake. More so systems and back office processing and call centre capabilities are key to such an operation enable achieve reasonable amount of success in such a business. Many medium and smaller sized banks and a number of non-bank financial institutions around the world are increasingly outsourcing these services to the such experts.

To make such business easier or to enable entry into this arena, WSD Global Markets has established a Derivatives Technology product that sets out to provide banks and institutions with a tailor-made service that runs in partnership between the two.

“Think of it as an extend arm of a Derivatives Division of the bank or institution that wants to outsource this function,” explains Riaz Patel, Managing Director of WSD Global Markets.

“We can provide a complete systems capability including but not limited to the conversion of an existing Institiution’s client base into coming on board to actively use these derivative products via online mechanisms, over the internet. WSD is able to now provide a unique turn key solution that will quickly plug the Insitiutions clients into this Derivative product seamlessly. This coupled with global payments and foreign exchange back-up for clients, including foreign exchange and commodity transaction processing, without the risk or the investment, yet outwardly the service appears to be provided by the bank or institution.

“WSD also provides private branded partnership agreements where banks and institutions gain the benefits of WSD’s turn-key on-line foreign exchange (and derivatives) products and services without the burdening costs related to building and maintaining a sophisticated infrastructure.

“WSD’s Outsourcing FX solution offers direct access to a diversified global payments product line to service all of your current and future customers international currency needs. Our flexible state-of-the-art online system WSD Direct offers instant access to a full-service trading desk without substantial capital investments.”

Mr Patel says WSD has the advantage of being totally independent and would not be a competitor for the client bank or institution’s customers.

Mr Patel says that such services have been provided by Partner Banks and there is a fear they may have access to confidential customer banking information, whether institutional or personal. This poses a threat not only to a customers’ right of privacy but to the bank who must protect their customers anonymity and the banks’ assets from being directly or indirectly solicited.

Even if a bank has a correspondent relationship with a Partner Bank, the Partner Bank may not be able to offer customers the greatest rates of exchange that will translate into less profit on the bottom line. The Partner Bank may not also offer a full line of derivatives and FX services that customers require, once again putting those customers’ entire business portfolio at risk of loss to a competitor.

Since WSD is not a bank or NBFC, it is not a direct competitor. WSD is a licensed, regulated, non-banking financial institution in the US, NZ, Thailand and other countries that handles purely derivative brokerage globally and is a solution provider including white label services that values the sanctity of confidentiality and provides transparent value-added derivatives and FX products, services and turn-key outsourcing solutions.

Mr Patel stresses that the cost of creating a derivative processing environment (from a technical, compliance, back office and human resource perspective alone) can be enormous. As such, banks and financial institutions are under constant pressure to keep overhead costs to a minimum so they can focus resources on developing new profit opportunities. On the other hand, there are many smaller institutions that do not have a Derivative or FX facility despite the necessity and demand. Their risks are different yet substantial. If clients require derivative services and their bank doesn’t offer them, their clients will have no choice other than to patronize a competitor that does. The opportunity cost for the bank is not only the loss of a customer’s business but the potential loss of their deposits and loans as well.

As a derivative and foreign exchange specialist, WSD provides unique, safe and sound solutions for institutions that offer FX, Commodity and metal derivative products but whose costs are outpacing profits as well as banks that do not offer such services, but need this as part of their product arsenal to meet client needs, fend off competitors and create a new revenue stream.

Through outsourcing derivative trading to WSD, banks and institutions can improve balance sheets, increase profitability, introduce new revenue streams, maintain client confidentiality and share holder confidence. That’s important in emerging markets such as India, where many Institutions have large client bases but don’t have the wherewithal to enter into derivative business even if they have the capital resources. WSD is the perfect partner to start such a division or product for the company considering the business with little or no investment but with joint management capabilities between WSD and the Institution wishing to get into the business.

Mr Patel sums up the advantages with WSD’s new service as:

• Increasing revenue and profits derived from “fee” or “free” based services
• Improving operational efficiencies and productivity levels by outsourcing administrative tasks
• Delivering new value propositions to customers to enhance business relationships
• Expanding service lines to capture more business from existing customers
• Achieving more competitive exchange rates through wholesale purchasing
• Controlling costs and maximizing investment capital - if cash is not tied up in capital expense, it can be reinvested in areas offering greater ROI
• Leveraging the Internet to streamline and automate FX products, services and processing transactions
• Acquiring industry expertise and expediting market entry
• Enhancing account management through real-time management reports on the purchase, sale and trading of foreign currencies and income generated from each product.

With its world headquarters in Auckland NZ and offices in the US, UAE, THAILAND, Africa, and others parts, WSD is already handling such services for many Institutions globally at a flick of a button and now launches the product in India with its first office in INDIA recently opened. WSD Global Markets is one of New Zealand’s leading Derivative brokerage and Technology companies dealing in FX, Metals, and commodity derivatives including but not limited to Futures and options on OTC and spot contracts and has the ablity offer systems processing capabilities with an end to end solution. WSD’s management team consists of multi-lingual experts with over 100 years of experience in global FX and derivatives.


Demand Grows For African Assets

The most important fact for any investment in any country within the African space is that they have someone on the ground 352 days a year monitoring and mentoring investment companies. At Wentworth International we have made two recent investments, the first being a natural resources company in Sierra Leone and the second in a UK registered company which has a 100 percent focus on Africa, with operations in both the east and west of the continent. We aspire to mobilise funds from international and African investors for deployment in the fast growing economies of Africa with an estimated GDP of $2trn. Investors realise that Africa is underpenetrated with untapped potential and provides interesting opportunities for investment growth returns for any investor willing to take the time to understand and pursue opportunities within this continent. To unlock this potential, FDI must be attracted to augment the low local investment and thus far, the private equity model has been used to satisfy these needs for capital.

We all hear about the BRIC countries but the smart investors are already moving on. These are the people who always drink ‘up river,’ the investment community who get in earlier than anyone else and those who make the greatest returns. We are seeing a whole range of new businesses to develop, focused on Sub-Sahara and North Africa. Those in the know are seeing exciting opportunities with Wentworth International. It is this new perspective that makes our business of so much interest. So the world’s leading investors are turning to Africa, the only major area of the world left to develop. Africa presents very strong fundamentals that underpin its growth prospects over the coming decades and by all standards is the prime investment area especially for those who would like to tap into its vast resources. Land as a resource is easily available for serious investors either through private purchase or through allocation by governments, some of whom are ready to attract potential investors by offering free or subsidised land in addition to giving tax breaks and holidays especially for investors whose proposals indicate they can generate employment and raise income for the country. Apart from land, Africa is emerging with a strong base of well trained human capital not only in technical areas but also in management and supervisory tasks and jobs. Most African countries have adequate skilled and semi-skilled human power at their disposal and the majority of these are yearning for employment. The continent has a population of 800m people (half of whom are under the age of 16) who have comparatively little infrastructure or telecommunications access. On the back of this, it is undergoing unprecedented economic growth with the World Bank forecasting a real GDP growth rate of 5.1 percent for Sub-Saharan Africa in 2011, versus 1.3 percent for the eurozone. This combination is leading to increased urbanisation giving rise to a growing aspirational middle class with improved levels of disposable income that are driving the demand for products and innovations. As a result, we can record a rise in the demand for consumer goods and services; this is enhancing the necessity for investment across traditional products and services. The sectors that are benefiting from this move include telecommunications, agribusiness, the financial and business services, real estate and basic industrial production.

Chase Bank: One Stop Solution To Loans

Chase bank, a division of JP Morgan Chase & Co. was initially known by the name Chase Manhattan Bank. The bank has its headquarters in Chicago. It was introduced in the year 2004 and by 2008 the bank acquired most of the assets and deposits of Washington mutual. Today it offers extensive services to more than fifty countries.

It has its branch in a number of locations like India, Kenya and multiple European countries. It is a prominent institute that offers a variety of financial services including asset and wealth management, investment banking, commercial banking, security and treasury services, credit card services, transaction processing services and retail financial services. Be it student loans, home loans or auto loans, the bank make sure that you avail each with ease.

It has opted for the online way for helping customers enjoy efficient and fast services. You can check the official website of this bank so as to gather all relevant information and get answers to your queries. If you want to sign up with a deal with the bank, then you can either get their contact number or log in at their website. However, before you go in for this step, you need to get yourself registered with the website. If you have opened an account in this bank then make sure to secure the routing number for protecting your personal and financial information. Similarly, if you want to follow a hassle free and fast transaction then make sure to know about the bank's swift code.

The customer service department of the bank is extremely effective and it helps you with all needed information that you as a beginner will need. To be more specific, whether you need credit card services related guidelines or guidelines pertaining to other financial services, the customer care department is there to help you with all.

Out of its multiple locations, the bank has operated successfully in most developing countries. Chase Bank in India has offices in Bangalore and Mumbai which employs over 4000 employees. Similarly, the bank in Kenya has also gained immense popularity over the past few years and provides innumerable financial solutions to the needy and poor citizens of Kenya. Last, but not the least, the bank is also a one stop solution to different personal and home loans and that too at a feasible rate of interest.

Fisher Capital Management Reports: International Equities

The third quarter saw double-digit returns for the world¹s equity markets. U.S. large-cap stocks, as measured by the Russell 1000 Index, rose 16.07%, bringing that index’s year-to-date return to 21.08%. Mid-cap stocks were the best performers overall, with the Russell Mid-Cap Index gaining 20.62% for the third quarter and 32.63% for the year. Value stocks bounced back during the quarter, outperforming growth stocks across the full range of market capitalizations. Small-cap value stocks were the best performers for the quarter but still lagged their small growth counterparts by almost 13 percentage points for the year.

International Equities: Fisher Capital management, Korea reports: International equities posted double-digit gains for the third quarter as well. The MSCI EAFE IMI Index gained 19.82% in the third quarter, with local-currency average market returns of 15.10% boosted by the weak performance of the U.S. dollar.

Emerging markets produced another strong quarter, but one that was more in line with developed market returns than was the case during the second quarter of 2009, as the MSCI Emerging Market IMI Index rose 21.30% for the third quarter. Both developed and emerging markets were driven higher by the strong performance of European equity markets, while Asian markets, particularly in Japan, lagged.

Fisher Capital Management Outlook: At the end of the quarter, markets reacted negatively to mixed economic news, signaling a potential correction off the recent highs. The strong rally since the market’s low of March 9, 2009 has left observers wondering whether rapidly-rising stock valuations have become prematurely rich and earnings expectations somewhat stretched.

While we are cautious about the performance of the market in the short term, we continue to expect a slower, but more robust and sustained, “smile-shaped” economic recovery in the long run.

Many financial institutions talk about wealth management.

Few have the resources to deliver an integrated solution. We are among the few.

Providing a client service that is second to none. Learn how your Investment Advisor, with the support of the team of professionals at Fisher Capital, can help address the issues you face while preserving, enhancing and transferring your wealth...Diversification and quality are our research guidelines. At Fisher, we are committed to a long-term investment philosophy that emphasizes quality and diversification. We do business this way because years of experience have convinced us that...

We find the right investment balance for our clients. Fisher leads the way in the provision of first class advisory services across the investment spectrum. Our clients range from private individuals, to intermediaries and global institutions...

Fisher Capital Management, Korea is a leading global financial institution holding extensive relationships with financial institutions, institutional investors and corporations across the world.
As a full service company Fisher Capital Management, Korea provides a full range of investment banking services including advanced risk management, corporate strategy and structure, plus raising capital through debt and equity markets. With this as our backbone we continue to provide a client service second to none.

Investment Banking – A Popular Trend

Banking is a universal phenomenon and investment banking has started coming closer to it. The effects of globalization and recession have had many individuals and corporates cutting down on their expenses and increase their savings. Due to the various investment options and schemes available in the market and many investment banking firms offering lucrative financial products, the incidence of investing is on the rise. 

The households and the corporates associate great importance and resort to investing their money in the stocks and assets offered to the public by the independent financial services firm. People turn to these investment portfolios because they promise good returns on the initial investment as well as offer higher rate of interest than the general savings kept with a bank.

Although a lot of investment banking firms and companies have come up today but one has to be cautious while depositing their money with them. Many companies which offer independent financial services are not authentic and dupe the customers for their money. Therefore, one should always judge the background of the investment banking firm before investing in their financial products.

Investment banking is a popular trend in today’s competitive era. A lot of people who earn their livelihood seek ways and means of investing their money into productive assets which would fetch them good returns. Many banks today offer their investment portfolios to the customers to invest their money into their financial products. Various banks offer competitive rate of investments to induce the customer to invest more. Therefore, more and more people are turning towards investment banking these days.

Investment banking has a growing demand amongst the customers all over the world and many customers are benefiting from it greatly. Investment banking has a great potential to resurrect a recession hit economy and has offered relief to many investors who were under a great burden of debt. It’s a promising way of profit-making from buying products offered by the bank. A lot of individuals these days are seen investing in the financial products to get multiplied returns on them. Investing money is done with a purpose of increasing the wealth or to be financially competent enough to combat any uncertainty.

One of the renowned firms in this field is JP Turner. JP Turner provides a range of services for clients occupied in mergers and acquisitions. They not only counsel you in the processes of mergers, acquisitions, and divestitures, but also develop a strategy and help with negotiations from the beginning to the end. Therefore, JP Turner is one of the most trusted and successful investment banking firms.

Securities traders and long-term investors, brokers and dealers as well as investment banking clients can get the help they need at JP Turner. Investment banking has swept the corporate world as well as the households under its tide equally. There’s a growing trend in the investment habit of the population. Investment banking has brought in a revolution in the market trends and has benefited a lot of investors.

Investment Banking Services To Simplify Wealth Management

Simply put, an investment bank is a financial institution that helps people and organisations make sound decisions for their money. It offers custom portfolios and advisory solutions for governments, corporate institutions, family based businesses, retail investors, etc.

Investment banks are different from retail or commercial banks. They do not accept funds as deposits. Their sole purpose is to offer investment services to those who either don’t have the time and skill to research investment ideas and even for some who simply don’t want to bother managing their funds on a regular basis.

Investing is also a much disciplined art and one cannot go about it without having enough knowledge of it. Also, it is sometimes difficult for an uninformed investor to make profits without taking adequate risks. That is why, there are several banks offering varying investment services which deal in capital markets, debt funds, derivatives, etc. Investment banks help investors make informed decisions on managing their wealth based upon their earnings and goals.

Investment banks have dedicated portfolio managers, who invest funds in a diversified manner so that it is balanced with equal weightage given to each instrument. This ensures that the customer’s portfolio is balanced and the dip in one sector or instrument does not affect the earnings made on that portfolio.

Investment banking is not limited to investment banks. Commercial and retail banks too have recently started offering investment services but it is the investment banks that are still holding their own. Investment services are based primarily upon the need and risk appetite of the individual investor. There are services which are asset based, structure based, based on capital market & derivatives, and advisory services. A few of these services are for institutions and larger funds while the retail investor mostly looks at capital market based or advisory services.

For the retail investor, the relationship manager of the bank is their one point of contact for all their investment decisions and banking advice. A relationship manager often advises based on the customer’s exact needs and the risk appetite. The kind of portfolios that a relationship manager will advise will also depend upon other important factors such as the time horizon of the investment, the type of instrument they are interested in investing in, etc. Investing, however, is an art. So, go about it only in an informed manner. And if you desire better and consistent results, professionals are always there to guide you, who research extensively to come up with a suitable plan or investment ideas that suit your needs aptly.



Saturday, December 25, 2010

Latest Tendencies Within The Jersey Recruitment Mass Market

Over the previous two years the latest series of modern tendencies has came forth amongst recruiting movements amid/amidst the fiscal providers in Jersey. Whilst the particular class of available jobs in Jersey have not changed the emphasize has without doubt changed in just what on earth is available and for what sort of period. This all things considered mixes a knock on mark on the sort of financial specialists hired to the workplace in Jersey and feasibly the disposition of work they carry out. These observations are created via the personal experiences and accounts of a pool of talent and Jersey hiring pros - who have been interviewed during Late and December of 2010.

Certain senior financial experts have discovered themselves on the dole not merely the junior professionals. Job losses have happened right through the full spectrum associated with Jersey banking companies, not only in a particular area. One example is Jersey jobs were cut in Banking firms, accountancy and Tax companies and banking institutions.

For some firms this has been confirmed to be an excellent opportunity to land some first class talent relatively easily. Some fairly new offshore investment operations have taken advantage of this available talent.

Considering that following the end of 2010 plenty Jersey based HR talent could see a colossal increase in recruitment companies enlarging by means of some opportunistic hiring. It seems as if it is going to be an powerful component in the business plans.

Whilst HR executives admit there has been job losses throughout wealth management in Jersey, several outlined several instances fiduciary services - like private banking : that are still expanding for the The islands. Truly this can be confirmed because of the Jersey hiring firms. They stated this after employing of skillful accountants and wealth management Relationship management experts that had been most in need - amounting to a sustained requirement. However an obvious trend has been to only recruit people that have an existing book of clients and a pre-existing offshore or pan european network already in place. Certainly lots of responders implied this specific trend is across all of the islands investment industry, for example a similar way is also true with regards to multi- family offices, fiduciary service services and Jersey located boutique wealth managmentorganisations.

Recruitment agencies are often seeing a far a reduced amount of voluntary redundancies and a lot less substitute induction across all investment disciplines. It would appear lessions learnt in the last credit crunch relating to over zealous "cost cutting" and sacking have been understood. In many ways it will seem Jersey companies are sensitive to the value of their current staff and therefore are less likely to generate staff redundant unless after all absolutely necessary.

There would apparently many prospects of a new job together with established offshore multifamily workplaces, large and as well small registered expenditure advisers, and sometimes roll-up firms. The important thing factor here may be the need for older levels of knowledge and individual that may hit the terrain running. Jersey based hiring experts are most of keen to champion any nearby talent market and a lot of pointed out that it has an extensive, varied pool associated with local expertise designed to Jersey based fund companies. Reading between the lines it would seem organizations will certainly recruit from outside should the specific skills set not be available locally.

What is certain that mass market for jobs in Jersey remains a varied, competitive environment where outside talent might be rewarded and on occasion favoured. On the flip side the degree of job possibilities on Channel Island is far less than before, the competition is intense - so to get a good offshore wealth management career in Jersey it could be crucial to differentiate yourself.