Sami Klai

Context:

- As part of the entry into force of the prudential regulation CRR3, a redesign of the booking schemes for EMTNs (Euro Medium Term Notes) was carried out to ensure compliance with the new requirements.

- Ensure regulatory and operational compliance of market activities with the new T+1 settlement cycle imposed by the Securities and Exchange Commission (SEC).

Solution Users: (Front Officers, Middle Officers, Risk, Compliance Teams, …)

Team Size: 30 people in Paris

Working Languages: English – French

Mission: consists of:

Participating in the redesign of EMTN booking schemes to ensure regulatory and prudential compliance in collaboration with Front Office, Finance, Risk, and Compliance teams.

- Guarantee regulatory compliance, settlement security, and operational efficiency of securities transactions traded on US markets within the framework of the transition from T+2 to T+1.

- Participation in the SOPHIS software upgrade project (v7.1 → v21.4)

Achievements:

• Requirements Gathering

✓ Lead Daily meetings within the team

✓ Lead meetings with Front Office (Trades) and Middle Office.

✓ Lead Weekly meetings with stakeholders from the publisher FINASTRA.

✓ Write Meeting Minutes / summaries of the various meetings

• Analysis / Functional Specification

✓ Study existing booking chains and identify gaps compared to CRR3 requirements

✓ Participate in the definition and implementation of new NSI/NSA - Callable/Bullet booking schemes

✓ Adapt settlement processes to ensure settlement of US transactions one business day after execution (Settlement: T+2 to T+1).

• Writing functional specifications for:

✓ Implementation of a new Gateway to bring instruments and trades down into the BO system "SummitSecurities"

Context: The GALAXY project involves replacing the current order entry and position keeping tool TRACKER with the FUSION INVEST software and its peripheral modules from the publisher Finastra.

Solution Users: (Front officers, Middle Officers, Risk, Compliance Teams, …)

Team Size: 20 people in Paris

Working Languages: English – French

Mission: consists of:

- Participate as a Business Analyst in the migration of all funds from the various TRACKER scopes to FUSION INVEST. This involves creating new flows to different teams/interfaces, particularly the Trading desk, Treasury, or Accounting.

Achievements:

• Requirements Gathering

✓ Lead Daily meetings within the GALAXY / GXT team

✓ Lead meetings with Front Office (Manager) and Middle Office.

✓ Lead Weekly meetings with stakeholders from the publisher FINASTRA.

✓ Write Meeting Minutes / summaries of the various meetings

• Analysis / Functional Specification

o Analysis of requests from Managers/Middle office to implement:

✓ Update the Order Entry workflow

✓ Update the Transactions workflow

✓ Integration of Units of Account in Fusion Invest

Sami KLAI

Business Analyst/MOA

✓ Generation of trade/transaction extractions

✓ Implement a process for generating and sending transactions to Treasury and Accounting.

o Writing functional specifications for:

✓ Update the Order Entry workflow (define the different statuses from order creation to execution (confirmations + FIX message))

✓ Update the Transactions workflow: From transaction creation through matching, to settlement (statuses, validation, technical and functional confirmations).

✓ Integration of Units of Account from different branches/intermediaries into Fusion Invest.

• o Analysis of requests from Traders/Structurers to implement:

✓ A solution (Index Uploader) to feed Sophis with index compositions from various providers (MARKIT, STOXX, MSCI, SOLACTIVE).

✓ A data repository (Static & Market data) to be fed by (Bloomberg, MARKIT, Reuters) and used by all business lines (FO, MO, BO, Risk).

• o Writing functional specifications for:

✓ The IUP solution: Define the scope of indices, data flow, index composition calculation rules (j) and (j+1), composition management/comparison rules, rules for pushing indices into Sophis, user alerts…)

✓ The Data Repository: define the scope of data (static data: Equity, Securities, index compositions, Corporate Actions, calendars) and Market data (dividends, FX, Spot, implied volatility), define a PIVOT model (multi-source), management rules, comparison rules between data from different providers, user alerts…)

✓ Analysis of the existing system (Data model, FPML flow, ..)

✓ Estimation, assignment of developers on JIRA (Backlog / User Story),