Expertise to support and benefit Market Reform
In partnership with the London Market, Atos Origin delivers a unique set of capabilities and expertise to directly support and benefit Market Reform.
Our portfolio includes specialist consulting, systems integration and managed operations solutions for banks, stock exchanges and insurance companies. We help financial services organisations to manage costs, reform core and operational support systems, manage enterprise risk and ensure regulatory compliance.
Our Insurance team has hands-on knowledge of the reinsurance and large commercial risk sector, resulting from direct experience (in insurers, brokers and other market bodies) and from a variety of challenging consulting engagements.
Our expert team has been developed through:
- Employing specialist staff who have worked in Lloyd’s, major brokers, reinsurers, company market insurers and managing agents
- Exposure of key staff to the operation of the Market, its culture and processes
- A variety of challenging consulting engagements in the Market over the last 5 years
- Education arising from attendance at Market Reform briefings and Market-based educational activities
- Working with partners and other service and software providers, such as Web Connectivity and Capita, to align propositions and explore complementary offerings that will benefit the Market.
Our relationships with LCH.Clearnet, Euroclear and the work of Atos Worldline exactly parallel the requirements that Lloyd’s and the Market are expressing.
The Atos Worldline technology, management capability and service organisation hosts and supports the Atos Origin WritePlace solution. This allows the Market to leverage a capability already delivering large-scale financial services messaging quickly, and with lower risk.
Key Deliverable Statistics
- Deployment of the technology behind some of the leading financial exchanges in Europe including LIFFE, LCH and Euronext. Processes 500,000 trades or orders per month
- Europe’s number one player in payments with clients such as ING and Deutsche Bank, processing millions of financial transactions through an established infrastructure backed up by a world-class support capability
- Delivery of IT services for major institutions such as Achmea, BNPP, Dresdner Kleinwort and Standard Chartered
- 300m equity trade transactions in 2007 across the NYSE and LSE
- 1.5bn exchange traded commodity and derivative transactions for LIFFE and NYNEX in 2007
- 3m Fixed Income/SWAP trades in 2007
- 100m internet payments, 250m electronic payment authorisations and 45bn emails
- Management and operation of over 21m credit cards.
