William Arrata

Secteur : Banque

.Structuring of formula products (protection, tracker, leverage) on Equity (Stock, Fund)
-Valuation of credit spread in Option prices to offset underlying downward jump risk
-Monitoring of target indexation on Funds (through rebalancing): CPPI, Leverage
-Gamma cost reduction in Fund trading: enter fee wipe out, management fee rebate
-Improvement of Hedge Funds liquidity: carry of subscription delay, Prime brokerage
-Set up of issuer buyback rights on open end products to limit balance sheet growth
.Securitization in Structured Debt (Bond, Note, SPV), Structured Fund (Mutual Fund):
-Set up of Performance Swap/Dedicated Fund on underlying for tax optimisation
-Segregation of Security issues through performance swaps (DPI) with bank SPVs
-Organisation of secondary market on Fund Structures: spot liquidity pricing based on last NAV; daily outflow gate (10% of Note) if bank holds more than 20% of Fund
-Upfront of fees detachment over Fund Options’ life: early price decrease of Float

Secteur : Banque

.Follow-up of emerging markets economic fundamentals to forecast their currency values
.Explanation of the changing shape of volatility smiles implicit in EUR/USD options with analysts’ forecasts errors on the US economy’s leading indicators

Secteur : Banque

.Participation in the structuring and marketing of France Telecom privatization (share sale)
.Participation in IPOs and Secondary Offerings (share sale, capital increase): Firms Balance Sheets crunching, valuation (issue price or range if bookbuilding, dilution effect, float target)
.Participation in subsequent Right Issues (Equity-linked): Exchangeable Debt, Preferential Rights

Secteur : Banque

.Marking-to-Model of OTC assets and liabilities (IRS, FRA, CDS, CFD, incentive fees) of Mutual Funds (French FCPs and Irish Trusts): Hedge-like Funds (M&A, Convertible Arbitrage), FoHF, Structures on Hedge Funds
.Production of Fund Financial Statements and Net Asset Values (Fund Accounting rules)

Secteur : Gestion d'actifs