Case Study: BNP Paribas streamlines complex pre-trade workflows with ipushpull PPQ

BNP Paribas Digitises Pre-trade Client Workflows

BNP Paribas, a leading global investment bank, faced a challenge in digitizing its manual workflows for non-standard, complex trades. The bank's pre-trade processes involved a combination of digital and voice trading, chat, email, and Excel spreadsheets, which created operational inefficiencies and compliance risks. To address this, they implemented PPQ standardised messaging from the vendor ipushpull.

The ipushpull solution streamlined the negotiation process between the buy and sell side by using a standardised syntax delivered over financial networks like Symphony. This allowed for the interpretation of key data within chat messages, enabling automation and reducing manual tasks like copy-pasting and file sharing. As a result, BNP Paribas achieved enhanced operational efficiency and reduced risk. ipushpull's cloud-based approach delivered quantifiable benefits and a positive impact on the bank's workflow.

BNP Paribas

Ben Harvey

Senior LDI & Macro Rates Sales