Explain and reconcile PnL in a single system
Product control teams have taken on increased responsibility in the last few years but internal systems to support their role are significantly lagging. Is your team equipped to provide traders with accurate PnL measures to meet their SLAs? How long does it take for risk controllers and risk managers to understand Flash PnL? Do you have a global systematic workflow and sign-off mechanism in place?
While PnL consolidation is a fundamental process in all financial institutions, the accuracy, representation and timeliness of the results tends to be a source of disagreement among siloed departments.