Product Strategy

The proposed business strategy internship involves working closely with the founders of Fairom (www.fairom.com Canadian financial technology company) to map the current landscape of products / technology used in financial services firms, primarily banks, insurance, hedge funds/ money managers for derivative transaction processing and trade life cycle management. It further involves researching the feasibility of blockchain technology in derivative life cycle management where distributed ledger technology (DLT) could be efficiently used to reduce manual processes and introduce a more technology efficient and cost-effective process flow. The internship provides an opportunity to wear multiple hats and take a deep dive into distributed ledger technology and its applications in financial services. The project is expected to produce significant inputs to the product strategy at Fairom. Based on the market study, Fairom’s platform will be enhanced to address the most relevant and cost intensive challenges of the derivatives market participants. The project is further expected to identify business opportunities in related areas like confirmation and trade settlement operations, collateral management and regulatory reporting areas.

Faculty Supervisor:

Jay Handelman

Student:

Partner:

Fairom

Discipline:

Business

Sector:

Information and cultural industries

University:

Queen's University

Program: