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Please see below for some examples of the ways in which we can help you to add value to your business. Click to expand each one for more details.

• Operational Health Check
  1. This is an independent assessment of the controls and procedures within an organisation.
  2. The scope of the healthcheck would be discussed and agreed in advance in order to tailor it to your requirements but might encompass elements such as a review of trading procedures, the processes for ensuring completeness and accuracy of the trade population, confirmation production and/or and investigation into any significant errors and operational failures.
• Project Management
  1. As we are independent from your business but have experience across a wide number of departments, Longstone Edge are ideally placed to manage projects for you.
  2. Our experienced consultants will quickly understand the key requirements of your business and will liaise with all necessary departments to ensure the smooth and timely running of your project. The added benefit of having the project managed by Longstone Edge is that your staff can stay focussed on their own roles.
  3. Examples of projects where we can add value are; the implementation of a new trade-processing or settlement process, managing the resolution of audit points raised by either internal or external auditors,
• Model Testing
  1. When new trading models or systems are developed, the quant/IT team will perform their own checks on the model and implementation but our experience as traders is that the focus of their testing is different from that of the Front Office; IT/Quants tend to be very techincal and maths-focussed whereas the desk's view is more practical and is based on how they will use the model.
  2. As ex-traders, we understand the Desk's requirements and have a lot of experience in testing and stressing new models. We can perform the testing and feed back to the Quant/IT allowing them to improve the models or fix any bugs if necessary so that the trading desk are freed up to manage their positions and respond to client requests.
  3. For a more long-term solution for your business, we can work with Quants/IT whilst testing to help them understand how a trader will use and look at the models in order to develop their testing to take the pressure off front-office. We understand that the trader's time is precious and they may not always have time to spend with the developers, even though this is a vital step in the iteration and improvement of the models. So let Longstone Edge do this for you.