Excellent in being happy

Everytime someone asks me how r u , my instant answer is always “excellent” and I genuinely feel it all the time, I do not say it to make anyone happier or impress etc... thats what I feel about life all the time.

Without any logical order writing down my thought process n experiences which gives me this excellent feeling all the time.

Most of my happiness comes from not doing many unnecessary things which increases quality of life there by happiness.

Anything that I want to talk about others goes through quick pre checks of “is it true, is it necessary, does it help me or others in positive way”. Even if one answer is NO, I will not participate in that discussion. Thanks to Inna for sharing wonderful thought some where which makes my brain work all the time.

I do not talk any negative or so called constructive things about others if the person I am talking about is not in front of me.

There was never a day in the last decade, I complained about others to their superiors or finding a common enemy to make my opinion stronger , I find my way with talks or just leave it n let the time handle or sometimes dont solve it for the betterment the person or society . Its easy to find the complaining path than other way around.

I do same thing in different ways to make my life interesting . That starts  from super simple things like sleeping with planned thoughts , brushing my teeth in different order,  opening bottle cap, reading order of the mail content or writing or way of wearing clothes , eating, approach to a problem, sitting , thought process etc.... . Every thing I do  I try to do it in different ways from one time to another which my mind only knows and gives me a different feeling n experience. Same thing everyday but doing it differently makes it entertaining.

I get unlimited joy and happiness in GIVING with in my best possible limits. Taking is too boring. There were times where I gave away my last dollar to someone in needy back at home for many years and efforts I put in to give something to others is awesome feeling, I am just pure selfish for my own joy, never thought that I was helping others. But learned some lessons in this process as broke many times and I also need to make a living in difficult times.

Money , sometimes i go away from it , sometimes trying to get closer, sometimes no feelings, its a tool which gives opportunity to explore character n emotions. World would have been boring without this. As of now its not playing any important role n its order of priority is somewhere down in the middle or at bottom.

Purpose of life is life itself, which is living life today , just today the way I want for major part of the day.

Sports- Just like ‘ money is the byproduct of work’ , my skillset in sports is ‘byproduct of my thinking process and focus ‘ n its 10 percent of my time. I am not attached to them unlike many ask me. It started at the age of 30 n it may disappear anytime. I have no idea how I am able to play ten different sports in few years time at very good level, probably never existed before skills for some areas. Many professionals told me that whatever they learned in fifteen to twenty years I learned in an year alone. If I go by the traditional way of coaching it would have taken be 100 or more years and few hundred thousands of dollars on coaching. Saved  or lived 100 more years of life at least. Thought process and focus makes difference. Point is not about bragging but to be wise on where to take coaching and where not, where to take  others suggestions n where not. Dont have to go by historical references all the time to live life fully.

WORK, LIVING LIFE, and SPORTS helps each other, transfer of knowledge and skill set happens from one area to another and all are interdependent.

Very much committed n motivated  to work without expecting anything which gives me lot of joy  , even most difficult times are always joyful as there is a lot of positive work to the brain. Wonderful people around makes difference to life. 

I just love everyone equally  in this world , just that i spend more time with some thats the only difference, there is no way to measure or reveal the intentions behind every talks or actions and its boring job to explain intention all the time. I just bear the consequences of others interpretation and make it interesting for my life, again very difficult job than easy job of explaining intention but thats what I chose. First it gives me challenges n second it gives opportunity for others to known themselves better.

Beauty is not there is the body, but its in the mind n thoughts n discussions that comes out of mind. Making love is nothing but a deep conversation with mutual understanding , its extension to a discussion. All the humans of the world please understand this truth. Find easy means for the frustrations of life on your own, dont trouble others.

There is never a bias in mind based on gender or looks or any other criteria so that I dont  miss the interesting people in this world, again my own selfish reason.

Existence of some people n their thought process gives me amazing feeling. Few conversations had lasting impact and I constantly remember them when i need to lift up my spirt n joy. Luckily I found very few, life may or may not give opportunity to discuss with them again but thought of their presence in this world makes my life awesome always.

I feel purpose of whole world is to make me happy. From morning till I sleep and even in my dreams, abundance of happiness comes from every situation I face with my thoughts and the way I process information. 

I never compare myself with others for anything as my background and path of life I am leading is most unique and I believe others life is unique too, there is nothing in common to compare.

Highly self obsessed with my own life and even more obsessed with very few people who had great influence on me, their existence and meeting them gave me some meaning for my life.

I enjoy losing more than winning in sports. Winning doesnt gives me anything except few prizes, but losing takes life to next level but I dont like to lose. 

When I was thinking that wife doesnt seem to like any exercise or any sports she gave me the shock of my life by reducing 13 kilos in 1.5 months time which I am sure motivates all her surroundings. You never know what hidden amazing talent exist or what motivates others to do extraordinary things which helps this world. Just be the catalyst for the change if possible. Positive life one live will definitely have lot of impact may be slowly sometimes.

Let others live their life fully, atleast dont spoil others party of life. Dont become the hindrance for others to explore their talent either by talks or actions.

I dont want to handle jealousy of others or other negative feelings towards me, while it may stop or slower my so called growth, it is also helping others to know themselves better, there is a bigger advantage to individuals and society in the long run.

I expect nothing from others.

 Very thin line between passion , hard work and addiction. If one enjoys it,no bad effects on society or individual or to the family then doing anything to extremes is passion.

I hardly get anger or frustration outside as it only shows my weakness to handle life.

Never understood the concept of vacation, if the purpose of holidays is to be happy  that should be part of everyday life and seeing the different world in the surroundings is possible with proper exploration and daily life should look like vacation.

Battles I go through are internal like why I fail to wear the same clothes everyday , why i m finding happiness in materialistic things , why I am not bored of my face but by other things.. a constant search of answers.

If anyone face a life threatening experience they value life even more, what if everyday life is horrible without much hope for many generations and  20 years of own life and they get a chance to live again by their own hard work, then remaining part of life is heaven and thats mine.

With continuous thoughts to explore life, its always interesting and entertaining. Purpose of everyone in this world is to make me happy and my job is giving opportunity for this world always to make me happy. 

Health is wealth??

Health is wealth, thats what people said since ages but no one explained path for achieving good health, it should be mandatory subject to pass for everyone as part of graduation . After more than an year of experiment I feel health is ByProduct of having positive thoughts always,  satisfying intellectual, emotional n physical needs , quality limited food , pre planned dreams and time management to balance them everyday- all of these together gives good health and continuous happy state of mind. When there is no balance for all these for a week or more then things starts falling apart which needs a reset.

There was never a week where I didnt hear about someone being sick in my surroundings all the way from childhood until now. Mine being the worse, so many times I was extremely sick during my post graduation days in northern part of India. Even worse after I start working , getting hospitalised atleast twice an year and frequent doctor visits. It was not uncommon when I say that I am sick to my parents  during my regular calls or when they tell me that someone is sick at home, back in my village many people I know spent most their hard earned money at hospitals, people save money only to spend at hospitals. Just after marriage, Swapna and mother in law took care of me for two weeks as I was bed ridden. Sick n tired of being sick:-).

Sometime back I was determined to live life free from sickness for one year atleast without visiting doctor. Thats part of my regular self made challenges for living interesting life but this time biggest of my life as I have to control so many unknown factors including virus attacks from the air, contagiousness at home or during travel, unknown factors at work place, possible injuries from my rigorous sports, mental health. With the baggage and history I have my journey was not easy at all. All that I had in my mind was if I succeed it will set example for people at home and comfort for my own life.

My daily life routine is - satisfying physical needs through sports , intellectual needs at work place and reading books, emotional needs n excitement through conversations with interesting people and raising kid . Everyday I utilise every bit of energy I have towards the above and at the end of the day I am almost drained in all the ways completely,  I think I eat very less for the kind of physical activities I do though I am not sure what is required.  Sometimes I skip meal after thought provoking conversation with most interesting people as I experienced that  thoughts n discussions gave me required energy. 

Me being early riser , I have all the time in the world but most of it was not utilised at all until few years back. One thing I realised, primary reason for my sickness was I do not have enough positively filled activities to spend my time everyday, I do not know anything other than work until I was 30 years, all my free time was spent idle without healthy body which was giving me feeling of sickness or making me fall sick. Wanted to change that and fill every hour of time with activities which fill positiveness in life.

Sports was choice to fill the physical needs of the body , started to learn and play two sports every year, understanding the mechanics behind every game, losing to others , getting inspiration from loses,  meeting so many different unknown people of different backgrounds n beliefs ,playing competitions, entire journey was such a joy,over the years sports helped me to fill part of my free time with variety of sports which moves different parts of the body, various conversations with different nationalities people and the fun out of it. All this was possible through sports.

Sports alone was not filling my day, I have 3 to 4 hours of my day before the world wakes up . Reading books  , preparing for university exams, writing, thinking, being with myself - these filled my early hours of the day,  intellectual hunger and many positive thoughts. Its so enriching and unintended bonus was it helped me to understand crypto currencies , their potential role in financial system and become part of this transformation.

I have my own emotions with my own definitions which I attained after analysing millions of thoughts  without being selfish, by observing thoughts closely,  raising kid , interactions at home filled my emotional needs of the day.  My emotions are same towards every human without any bias, its the time I chose to spend is different based on my interests, others convenience and their influence on me. 

10 to 11 hours I spend at work is fully focussed on delivering the work without any deviations with the best of my abilities , all the physical and mental fitness is helping me to be focussed at work always without any stress. Workplace , some of the exceptional people I met in my life are at Murex, some r never bored n their influence is forever in life , this year especially.

In doing all the above my body n mind forgot sickness, its been more than 15 months I visited a clinic. During this time I never felt that I need medicines or rest to recover. When I get up at my usual time if I ever feel inconvenience I have 3 to 4 hours to recover before work, I found different ways to recover,  either I go to gym or extra swimming or hit 100’s of tennis balls in the darkness or practise golf swing at kids play area or running or reading or ted talks all these excited n energised me n prepared myself for the day to arrive . This process is a complete surprise for me . Swapna told me she dont even remember when was the last time I took sick leave as she used to accompany me to doctor visits when I was sick. 

In this kind of living life ,there is no time or mind space for negative thoughts or  spend time thinking about others, if I entertain any kind of negative thoughts for long time that kills the whole purpose of my way of life, so I cannot afford to be pessimistic . Sometimes I cant stop negative thoughts entering my brain for things not in my control as I interact with different people and their cultural way of expressing may be perceived by my brain differently but I wont process that for long time and outcome is always beautiful experiences . Life is always excellent, good times or bad times or worse times everything is really excellent , it all depends on the perspective we see, for me it will remain excellent forever.

Health is not wealth, health is every positive thing except wealth because most of the relations or discussions surrounded by wealth is not good for health at all. At best health will stop you spending wealth but itself is not wealth.  Process of getting good health will help to achieve happiness and also help to find meaning for life.

I feel at this stage of life found a way to live healthy n positive life and being happy all the time with most of inspiration from the people I chose to interact .  My thought process contributing to feel great even at difficult times, most challenging part is “to live and experience life better than my own yesterday and finding the excitement of doing the same things differently”, this is everyday process and thats what keeping my life to move forward. Everyday of my life feels like a great vacation and most of the entertainment in with in own life. When I told my known people that I didnt watch the best movie my state has ever produced they told me I am trying to be different or lying but fact is my mind is giving me great entertainment than any bigger events happening around me.

This year in few words - Sleepless nights in office to learn billiards, most interesting conversations with most unique people, wakeboarding sport , university, exams, crypto currencies, challenges in personal life, free from sickness, average four hours of different Sports everyday, reading books, not watching baahubali - thats how this year ended. Another year starts soon, so is excitement of life. While I can not control challenges n difficult times life is going to throw at me, I just hope that my current state of mind stays with me forever. 

Most inconvenient thing going to start soon and stays until the end of first week of Jan, happy new year and the return wish , year after year same old wishes and exactly same old words , nothing ‘new’ in the wishes atleast. 

SPORTS

My adventurous journey of hating  sports until 30 years of age TO playing 30 to 50 hours of sports in a week  and then TO giving up on sports again.

Playing sports is almost next to crime where I was born and  grown up. Those who show interest in playing sports are perceived by school teachers as not so smart ,  cannot do academically better , can’t make a decent living and may become useless through out their life. When the entire society, teachers, friends and everyone around carry this  feeling since the birth of man kind, me too has grown up with same values and always focused on books . I loved hating sports n those who play in those days.

After my studies , my first job was in Japan and then in Europe, Australia. Despite of these places having great sports culture and living there for many years I never made any friends who play sports n haven't played any sport. I was still having  same feeling towards sports, as smart people don’t play sports. 

And then Singapore and Murex happened in my life. As I make more friends at work and share life experiences , everyone whom I think as smartest and most intelligent at work and in general, all of them are exceptional in one or many sports and has lot of achievements to their credit in sports too. Foundation of my belief system got shaken, everything I used to believe for 30 man years about sports seems to be incorrect. The more I interact I started changing my opinion that sports will help to activate dormant part of the brain and body which may help to be more smarter and live quality life. Back then my fitness also at its lowest level, getting sick often , physically weak. I was 30 years.

Which sports to Consider:

So I decided to play sports but no idea how to start and which sports to consider. Started with cricket , which is easy being Indian. It took few weeks just to bring so many people together for  one game and after so many hours of waiting hardly I got a chance to play. Cricket is not working for me.Changed to badminton as it needs  2 or 4 players and coordination may not be a problem, also thought that its easy to control shuttle cock and anyone can hit. 

BADMINTON: How did I learn:

Then struggles began. I have no skills in this sport, good players I know are not interested to play with me for my beginner skills. Started playing doubles so that I can play under the shadow of good players. I was always on the losing side and I am useful only for others to feel superior by thrashing me. Thought of going for training but its so expensive and it takes lot of time to go through a full course of the programme, from 3 to 6 months. I am still motivated and want to master the sport with out spending even a dollar on training and with shortest possible time. YouTube having thousands of videos and instructions, not sure which technique is right and which one works for me, not a good idea to follow videos. Getting restless and not finding any direction.

Once a taxi driver told me that he studied BODY MECHANICS but not much career options for that in Singapore, its about how to move different parts of the body for a particular activity. That was just casual  interaction but later I realised I should know what parts of the body movements are required for badminton. Then I subscribed to Racket channel which telecast badminton all through the day. I was observing only body parts movements and didn't care about anything else like shuttle cock or racket etc while watching game on tv. This process was so interesting, understood that badminton is about wrist movement and just one step from the centre of the court is enough to reach every part of the court. I was just practising this wrist movement every time whenever my hands are free and forming MUSCLE MEMORIES. This process worked like a magic and my game improving exponentially. Entire process took me four months to become fully comfortable with the game. Started enjoying the game and playing it almost everyday after work with so many people. Moved from doubles to singles as I will not have anyone to complain for my losses and it requires lot of stamina too.

With in 1.5 year time I played with around 200 players or more of various nationalities , players with international standards n those who played at national level, 12 years old kids. Participated and won at many tournaments, conducted tournaments . Except taking badminton as profession, I was putting every effort of a professional player. Giving it back time, defeating and dominating all those who didn't show interest initially with respect, so many memories and 100's of players became friends.

In this entire process learned so much about my self, my abilities, my temperament,honesty, focus, determination, team spirit ,  stamina, endurance, hard work, passion for things I chose, inexpensive ways of learning, appreciating others, success, learning from failures, celebrations, style in the work I do, uniqueness, observing and continuous learning, positive attitude, helping others. My world expanded so much and quality of life improved and so many better things. Life is also being nicer to me and good things started happening in life. Everything I learned at sport having positive impact on my work life too.

TENNIS:

Saturation in badminton then moved to tennis. Process is same, subscribe to tv channel, observe body movements of players, form the muscle memories (this time its shoulder movement ) and slowly build up the game. For tennis its relatively easier because one can practise on their own with a basket of balls or ball machines, no training needed.  Started playing tennis even crazier than badminton, both before and after the work every day, starting from 4 am and hitting balls when there is no light in the court. In less than 3 months learned tennis to a level which made me comfortable to play with anyone. 

Tennis also gave me so many things in life so is all other sports I played later , 100's of contacts , so many freebies for international tennis events and top level contacts, watching Roger Federer and all the best international players as a vip, gala dinner invites ,WTA events tickets, and may be life time free tickets for international events in Singapore,which otherwise would have costed me thousands of dollars.All this because of my association with people which I formed though my sports skills. 

SWIMMING

Then swimming, learned it in four days of time. For swimming focus was on breathing, practised breathing inside the pool for many hours and fourth day I was able to complete a lap inside olympic size pool without break. This is the shortest learning experience.

Table tennis,Squash, Rowing, Running.  Learned every sport for 3 to 6 months time without spending a dollar.Body building ( hired a personal trainer for this), this is the only I spend a bit of money for training.

GOLF

And finally GOLF, best of all . Most challenging game of all the sports I played. Those who think that its lazy and slow, give a try and then think again. It tests every aspect of person abilities and character. I am in love with this sport and learned it with practise from 3 am at kids play area swinging empty club. In one year of weekend play without any training I am able to play below 100 which gives me decent acknowledgement and appreciation in golfers world. I have so many memories and able to reach many levels of people with golf, my first prize in golf was three months after I start the game at a prestigious tournament. In my last golf tournament few weeks back I won prizes in all the three categories in one game ( longest drive, closest to pin and gross score) which is not easy to repeat again for me.

Playing 5 to 6 hours during every weekday and 15 hours at least on a weekend . Thanks to many sports clubs and great skillful players I know in office, where lunch time sports is allowed. Not sure how many such companies exist in the world. Played sports with so many colleagues from each department in the office and know all of them personally now.

My typical weekday starts with gym and swimming before work, Badminton or golf practise or rowing during lunch and tennis after work. Weekend- tennis for 2 hours, squash or badminton for 2 hours,swimming for an hour , golf for 5 hours.

Time management:

With lot of time requirements for work ,family and sports in this priority, every half an hour of day is very important. Cant afford to spend time on non important things. Two things I hate in life are spending time to eat food and sleeping. Reduced my lunch time to 10 minutes with food packed from home,I sleep 3 to 5 hours a day based on requirements of the body. Getting out of facebook helped me a lot to save quality time, minimise internet usage or completely get away . Don't enter into useless discussions, do not think about others or their life not even a minute, no gossips, have only positive thoughts always all the time. All these helped me pursue my sports career for  four years. Day starts between 2 to 3 am and go to bed at 10 PM.

Sports portfolio: 

My portfolio of sports spanned over 5 years - very good levels in badminton,tennis, golf, squash, swimming, billiards and decent levels in table tennis, gym, running , rowing , wakeboarding, rock climbing, basket bal. Never got injured even once in all these years. Was running some training sessions also to teach sports for others. Thats about my sports career. Its not the same me whom I know 5 years back, completely transformed physically and mentally. Became part of many cultures and tons of players and their families became friends . Without Murex and colleagues , I should have never had this amazing eventful sports journey in my life. Me and my 1000 generations of grand parents families are indebted to Murex forever for giving us a family member who can play Golf and other sports.

What next:

Without wife sacrifices and  contribution to family I should have stopped at badminton. Swapna thinking that I am addicted to sports now, where as sports just happened by chance in my life. Quitting sports for sometime. Going to university on weekends, hoping to learn something new and entertain my brain, super excited.

Aarav Shaurya

Last 10 months  of my journey towards bringing a child into this world is incredible. After 3 years in married life when we are confident enough to bring up a baby, it all began with great excitement when we come to know about the pregnancy, still and always remember sparkling eyes of wife with full of happiness calling everyone back at home and sharing the news. First three months was uncertain until doctor confirms that everything is fine with the baby after few rounds of check up’s. A bit relieved and began preparing for the next 6 months. Has to be very careful in every walk of wife’s life during the initial months. One of my dream in life was to be with wife all the time during her pregnancy until the delivery and go through life’s beginning process. Swapna insisted to be with her parents  during this period as I may not be able to cope with the situations and any unforeseen things which may happen but I won her after lot of discussions. 

4 to 7 months was not as tough as beginning and  final months. Then delivery is just 2 months way and had to plan and arrange every thing like choosing the hospital,prepare for emergencies, attending baby care seminars,baby and mother needs post delivery so on... Back in mind lot of tensions about delivery whether everything will happen smooth or not etc…. As delivery date reaches woman goes through lot of difficulties in getting sleep, in eating and in every step.  Swapna managed everything perfectly with her will power, she even played a bit of tennis just the day before her delivery. For all the sacrifices she has done in this time and seeing her in most painful situations, in return all I can do is just obey whatever she says forever.

Now its time to admit Swapna to hospital. Slowly her pains aggravated and for 4 hours  its continuous unbearable pain in the hospital bed. Another 5 difficult hours in the delivery room going through various stages of labor. During the time to push the baby out also, I chose to stay by her side in the delivery room. After another one hour of extremely painful and most difficult times both for doctors and Swapna , baby came out. When the baby entered the world ,was looking as if just out of blood bath. The life has just begun.

Baby coming out of mother womb, Swapna’s waiting moments to see the baby when the nurse cleaning baby,  doctor trying to stop the blood flow, helper cleaning the blood in the entire room and me became blank for few seconds after seeing all this process for 10 hours --- Everything is going to remain in my memory forever.

Taking care of pregnant is not an easy thing for me, swapna managed most of things  on her own and working until a week before delivery. Truly family like working environment , in-laws support,great friends at work and their wishes with actions was a big plus for me in these times.

Observed life from the size of a grain during second month to seeing the baby in 9 months. This entire duration and delivery process was a life time learning for me and is going to drive my life, my thought process for the future. Difficult times every woman go through to bring a baby into this world is the most painful process that I have ever known and the greatest achievement than anyone else would have achieved in this world according to me. Every human coming into this world go through a similar process before birth so everyone is equal right from the birth and all the divisions we make among us is just illusionary or selfish, never created by whosoever is the creator. 

After seeing labor process closely, every female is looking like greatest achiever and every male is son of greatest achiever, this thinking is going to make me love everyone I meet in my life more than ever irrespective of how others behave with me.

We named our baby boy “Aarav Shaurya” and our journey began from June 18th to bring up Aarav.

I hope that Mr.Shurya will consider sports as  career by his own will.

Trade Life Cycle

This post is strictly for those who work in Finance domain.

Someone in a common forum asking for brief information on “Trade
Life Cycle”, feel like helping her and to others who may be in need, so spend
few hours late night to write down the below. It’s 4 in the morning, weekend n
badminton awaiting. Trade Life Cycle such a huge topic where few days not
enough to discuss, finally managed to put it down in 3 pages.

====================================================================================

Hi,

I am going to correlate Trade (aka Deal) Life Cycle
with a real life example. Throughout this explanation assume that you are “Owner
of Electronics Shop”, I will explain “Trade Life Cycle” from your perspective.

FRONT OFFICE

A customer (assume me)want to buy Television, searching for
better shop on the street, when I am near your shop, Few people invite me in, making me comfortable in the shop,
finding my requirements, showing different Tv’s etc.. I keep asking for price
by changing my inputs like TV model, screen size, resolution etc, Obviously
your people will give me different price based on my inputs.

---------------- FINDING VALUE OF TV (UNDERLYING) BY VARYING
MY INPUTS IS PRICING. Few people
involved here are SALES PEOPLE (Who just arrange transaction with some
margin) or TRADERS who work for your shop

Now I have finalized my TV, informed my choice, your people will
enter the transaction in your system (TRADING SYSTEM). ----- This is DEAL
BOOKING

MIDDLE OFIFCE

You will arrange your people such that one person will give price,
another senior verify it before final confirmation, this is to avoid any misuse
either by chance or choice. People arrangement process here is “Validation”
process. (If you don’t have validation and if sales person is my friend, I may
get IPAD for 15 Dollars).

Quite often you will hear something called 4 EYES
Principle, means one person (2 eyes) will give the price and another person
(another 2 eyes) will verify/validate/Reject. This verification can go up to
many levels depending on the amount or complexity of the transaction.

(Here your people need some reports for better risk
management and validation, like ‘average price selling for different TV’s’,’
today’s market rate’,’ customer transaction history’ etc..) – ALL THIS
PROCESS IS RISK MEASUREMENT AND MANAGEMENT

BACK OFFICE

After your people validate the deal, they confirm to me by
giving me automated “Bill(Confirmation, some times invoice also together)” in paper form- This process
is called “Confirmations Generation(HTML,ISDA,SWIFT)”

I will verify everything mentioned in the invoice and will acknowledge
the transaction (This case just nodding my head). After receiving my acknowledgement,
then only this transaction is fully confirmed.

I will pay money and you will deliver TV set. (Delivery
Vs Payment). -Payment process.

This is not the end of “Transaction”. Your shop
have exchange/replace/return policies as well right?

Market Operations:

I went home and no one at home likes the TV, so I come back to
your shop and wanted to “CANCEL” the transaction. (Or)

I want to give TV back and buy another TV --- CANCEL AND
REISSUE (Or)

After few days, I have technical problems with TV set – RESTRUCTURE
(Or)

I want to sell it off to you after some time – EARLY TERMINATION
(Or)

Warranty is reached and you don’t want to entertain any
activities related to this TV –EXPIRY (Or)

Suppose if I buy many other items along with TV and sold
some of old stuff, you will net all of them and will give me final amount to
pay, instead of individual bills- NETTING

Depending on the underlying transaction, you will have many
market operations

OTHER
IMPORTANT MODULES OF DEAL LIFE CYCLE(OR SYSTEM LIFE CYCLE)

Accounting:

Accounting is ledger maintaining all the payments happening (or
going to happen [Mark to Market]) by department wise or for entire shop
(Entity) and it comes as part of back office.

Your business has grown and you want to manage Tv’s accounts
separately, TV department is one Accounting Section , like that you may
have multiple accounting sections for different units.

Fixings and Payments:

Suppose if you sell TV in installments, amount to be
received for every installment is dynamic and is based on the interest rate of
that month, so every month you have to FIX the interest for that deal,
so that corresponding payment will be generated. Fixing is part
of back office process.

Market Data:

When I come to the shop for TV, your people giving me price
for TV. You sell so many goods and every day price may change for all of them.
No one come and by hard price every day morning right? , also for fixings etc…you
have to get data from somewhere before your shop opens, This is what called as Market
Data (Reuters and Bloomberg are the famous market data providers in finance)

Profit and Loss:

You don’t sell TV for fun right? You want to make some money
out of it. You would have bought TV somewhere at least few days before, it means

1. You
made investment,

2. Interest
on the investment,

3. Inventory
cost

4. Profit
for you

Everything you will include while selling TV. PnL,
its nothing but subtracting your total cost from the selling price.----------
Front office

Simulation:

If I have to say “Simulation” in technical terms, it’s like “Group
by” column of SQL queries n running “What If” scenarios on your
business. Some of the outputs of simulation are “PnL of TV Dept”, “PnL
of Sony Brand”, “what will happen if TV prices go down by 5%”, “if
you have loss which Hedge deal can cover your loss “etc,so on……., Recap “Monte
Carlo Simulation” of college days.—Front office activity

Reports:

Your frequent customer may want a report all the
transactions made in the last one year. You need reports to see the PnL of different
sub sections or Entire shop etc. You need reports for income tax , for
auditors, for risk management etc…--Mainly for Middle Office purpose.

Clearing and Settlement:

If you hire some third party organization to collect your
money from your customers and to pay your money on behalf of you. ---- It’s a Back
office process

Nostro Management:

Every month you need to have funds to pay salaries, to
maintain your shop, to purchase goods, to maintain inventory. TREASURY
department make sure that you have enough funds in your bank account (NOSTRO), keep
filling NOSTRO accounts to have enough money always in your bank accounts.

End Of The Day

For today end of the day is after 24 hours, similarly
trading system also has similar process. End of the day for trading
system means, preparing system for next working day. Similar to rearranging all
your shop after you close your business and making sure that market data etc…available
before customers comes to your shop next day ( Changing system dates and
copying market data to the next day etc….).

So Deal or Trade in the above entire episode is “SELLING
TV” from your perspective, from my perspective “BUYING TV”. Its very
important to understand the context while getting requirements or while
speaking, meaning completely changes depending on the context. While working on
a trading system, always look at the information in the system from “BANK’S
PERSPECTVE”.

Straight Through
Processing

Purpose of STP is reducing manual intervention and increase
the automation. Starting from the entering the deal in the system till its
expiry, we can automate many steps of life cycle using workflow managers .

Assume that you are have multiple shops in the same city
then expanded to another city, state wide, country wide and international
company. Now you have 1000’s of shops worldwide and you have to maintain all
the transactions happening in your shop. That’s where different Trading systems
come into picture to automate Deal Life Cycle, to Calculate risk, to put limit
checks make sure that you never encounter loss.

Understand basic trade life cycle, you can ask me any
questions of any complexity for any hybrid product in any area of deal life
cycle.

DEAL LIFE CYCLE PROCESS MAY
VARY BASED ON THE TYPE OF PRODCUT.