Corsa Consulting | Derivatives Services

Why This Service Is Needed

For investment managers looking to expand into derivatives trading or transition from outsourced to in-house execution, establishing a compliant, scalable, and integrated derivatives function can be overwhelming.
It requires a coordinated build across legal, compliance, trading, risk, operations, and technology—with each misstep risking regulatory penalties, inefficiencies, and loss of agility.

100%

Of CORSA clients trading derivatives in-house were previously externally managed.

Improvement in execution agility and trade cycle time post onboarding.

Trusted by:

[ WHAT'S INCLUDED ]

We support the entire derivatives value chain

01. Legal and Compliance Frameworks
- Drafting and negotiating ISDAs, CSAs, and other core legal agreements.
- Reviewing UMR readiness and setting Initial Margin thresholds.
- Ensuring compliance across global and regional regulations (e.g. EMIR, CFTC, MiFID).
- Supporting position limits frameworks and control design.
02. Trading Infrastructure & Execution
- Selection and onboarding of execution and order management systems (EMS/OMS).
- Connectivity to trading venues, clearing houses, and clearing brokers/FCMs.
- Set up of electronic trade matching and confirmations (MarkitWire, Traiana, ICE Link).
- Broker and liquidity provider onboarding and workflow configuration.
03. Risk, Pricing & Analytics
- Integration of derivatives pricing and risk analytics tools.
- Daily mark-to-market valuation and exposure tracking.
- Scenario modelling and stress testing for risk oversight.
- Performance and P&L attribution support.
04. Collateral & Margin Management
- Design of margin calculation workflows (IM/VM, SIMM models, eligibility schedules).
- Collateral call and dispute processes.
- Optimisation of cheapest-to-deliver collateral strategies.
- Custodian and segregation account structure design.
05. Post-Trade Operations
- Position and valuation reconciliations.
- Lifecycle event handling (e.g. resets, expiries, novations, rollovers).
- Exception and break management.
- Integration with fund accounting and trade lifecycle systems.
06. Regulatory Reporting & Controls
- Trade and transaction reporting (MiFIR, EMIR, CFTC, SFTR).
- Governance, audit trails, control documentation.
- Training and operational readiness for BAU ownership.

At CORSA, we bring a holistic, hands-on approach to building derivatives capabilities

End-to-End Execution

We don’t just advise—we build. From legal setup to trade reporting, we support every stage with practical expertise.

Bespoke Design

Our frameworks are tailored to your business model, resource profile, and investment strategy—not off-the-shelf solutions.

Deep Buy-Side Insight

We understand the nuances of institutional trading and the constraints you operate within. Our experience includes setting up derivatives functions for asset managers, hedge funds, insurers, and pension schemes.

A fully integrated derivatives trading function that meets regulatory and operational best practices.

Greater speed-to-market, risk transparency, and execution control.

Confidence that your firm is ready to scale derivatives activity—compliantly, efficiently, and intelligently.

Derivatives

We support the entire derivatives value chain

Looking to transform your business?