Case Study

Commodity Control Application Implementation

London headquartered global bank was managing large value of collaterals via manual spreadsheets incurring huge operational costs and incorrect value reporting.

CMT managers manage each portfolio/client in a separate excel, value of US$ 10B across all 11 processing centers supporting all 60 markets. Scalability challenges to support growing business. Shared network drive is used as backup mechanism with limited access controls and audit.

The solution


The bank’s Current approach poses key operational, credit, regulatory risks to business and is not scalable to support the fast-growing business considering the manual process involved in the system.

Key Challenges :
  • Additional 25 FTE requirement estimated to support the spreadsheets.
  • Limited access controls, audit trails, granularity & reporting capabilities
  • Frequent issues with collateral linkage & RWA miscalculations
Services/Solutions Offered
  • We developed & deployed a global application Commodity Collateral Application (COCOA) to enable Collateral Management Team control and monitor physical commodities, collateral, and financial liabilities for the Commodity Trade Finance function.
  • COCOA is a deal centric system with capabilities of deal management, inventory management, limit management, dashboard, and reporting.
  • COCOA interfaces with existing bank systems to make use of already well-established interfaces such as customer information, customer limits, trade counterparties and prices feeds etc.

Benefits Realized

COCOA eliminated all spreadsheet related risks, substantially reduced man-hours and easily provide insights into exposure and risks.

Intuitive use interface shortens users learning curve. Multi-language & time zone support reduces manual effort.

Seamlessly integrated with other collateral management systems & downstream systems to provide an integrated view.

Easy to manage user group access & records complete audit trail.