Piyush Jain

Designed and developed a comprehensive market risk platform to calculate Value-at-Risk (VaR), generate risk reports, and predict market trends across all asset classes. The platform processed 15,000 batches, demonstrating its scalability and efficiency.

Key Achievements

1. Performance Optimization: Improved platform throughput and performance by over 50%, reducing computation time from 2 hours to 45 minutes.
3. Data Quality: Developed data quality tools to quickly alert and resolve batch failures (15000+ batches).
4. Automation: Built a self-service data platform with 100% automation to ensure system integrity.
5. Entity Resolution: Implemented machine learning (extra tree classifier) for entity resolution.

Technical Stack: Java, Spark, Hadoop, AWS , Micro services and Kafka

Impact

1. Cost Savings: In-house risk compute engine saves $10 million in costs.
2. Asset Under Management (AUM): Supports $250 million AUM businesses.
3. Risk Visibility: Provides a consistent view of risk across the bank.

Led the development of an Order Management System (OMS) and onboarded Credit Default Swaps (CDS) and Credit Default Indices (CDX) to the platform. Additionally, spearheaded the development of a research platform for Portfolio Managers.

Key Achievements

1. Order Management System: Developed and delivered an OMS, enabling efficient trade management and execution.
2. CDS/CDX Onboarding: Successfully onboarded CDS and CDX to the platform, expanding trading capabilities.
3. Portfolio Rebalancing View: Created a Portfolio Rebalancing View for Multi-Asset teams, enhancing portfolio management and optimization.
4. Research Platform: Led the development of a research platform for Portfolio Managers, providing data-driven insights and analytics.

Impact

1. Asset Under Management (AUM): Supported $200 million AUM business across SG IM Trading Desk and LDN Portfolio Management Desk.
2. Enhanced Trading Capabilities: Expanded trading capabilities through CDS/CDX onboarding and OMS development.
3. Improved Portfolio Management: Enhanced portfolio management and optimization through Portfolio Rebalancing View and research platform development.

Tech Stack : Java, Micro services, Python, Spark and kafka

Developed high-performance systems for financial institutions , including :

1. Order Management System (OMS) Platform Development:

Designed and developed a comprehensive Order Management System (OMS) platform for the Equity asset class, catering to the unique needs of private banking clients.

2. Straight-Through Processing (STP) for Trading and Valuation System Trade Enrichment and Booking: Developed an STP system to enrich trades across all asset classes, populate reference metrics, and book them to the core banking system.

3. Centralized Regulatory System for HKMA: Regulatory Ecosystem: Built a centralized regulatory ecosystem from scratch to manage post-trade investment suitability workflows for HKMA.

4. Centralized Rule Execution Engine: In-House Rule Engine: Developed an in-house rule engine to execute hundreds of rules within milliseconds, supporting multiple clients and multi-instrument booking.

Technical Details

- Tech Stack: Java 1.8, C++, Micro-services, Multithreading, Kafka/JMS, React/Vue.js
- Practices: Test-Driven Development (TDD), SOLID principles, KISS principle, and required design patterns

Impact

- Unified Regulatory and OMS System: Built a unified system to save $50 million and support $100 billion AUM business.
- Improved Efficiency: Streamlined trade processing, reduced manual errors, and increased regulatory compliance.

Automation of Global Cash Payments Flows:
Designed and developed automation for global cash payments flows to enhance Liquidity Trade Management System efficiency.

Enhancement for Coupon Window Systems:
Implemented enhancements to coupon window systems, improving overall system performance and user experience.

Development and Management of Repo Trading Global Ecosystem :
Developed and managed a global ecosystem for Repo Trading, enabling the booking of various trade types, including evergreen trades.

Access Control Service for Responsible Gambling (BWIN) : Designed and developed an access control service to promote responsible gambling across various gambling options.

Critical Coupon and Rewards System (BWIN): Developed a critical coupon and rewards system to enhance user engagement and experience.

Gambling Configuration System (Tabcorp): Created a gambling configuration system to provide an easy and efficient way to configure horse gambling options and other related settings.

Tech Stack : Java, JSP (JavaServer Pages), Struts , Spring Framework and oracle DB