Assessing the Impact of the Volcker Rule’s Covered Funds Provision on Wall Street

The rationale that drove regulators to pass the Volcker Rule is clear, but the interpretation and implementation of the rule by financial institutions is incredibly complex.  A great deal of compliance and legal oversight is now required to perform some of the most basic and essential banking functions. Monticello takes a look at some of the intended - and unintended - impacts of this provision.

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GPS Give-Up Payables Reconciliation

A top-tier investment banking client recently engaged Monticello Consulting to develop an automated tool to reconcile its back office processing system for derivatives, futures, and options with the Give-Up Payments System (GPS) run by the CME Group. See how we helped them save time and cost while reducing risk through a new tactical technology solution.

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