Context

• A global banking corporation needed a technology based response to the challenges of delivering real time PnL reporting, in a highly distributed and complex operational environment.

 Business Objectives

• Satisfy the demands of compliant regulatory reporting.
• Upgrade and future proof existing technology.

In Scope

• Full redesign and replacement of a front-office, real-time PnL reporting system.

Our Solution

• Our Phi Partners team successfully resolved every challenge this complex project presented.
• Applied broad and deep advanced technical skills in ActivePivot and Java.
• Achieved smooth release of the new system with BDD tests and performance benchmarking.
• Avoided the need to install additional hardware to run the system.
• Optimised the system to achieve enhanced performance.

Approach

• Phi Partners experts worked alongside the client team for maximum support through the project.
• We designed and implemented key functional elements, including a real time trade blotter.

Outcomes

• New and important business functionalities are on-stream.
• Client institution now benefits from a comprehensive, fully fit for purpose and future proof reporting system.
• System availability 24/7.
• User needs fully supported across three separate regions.
• Constant trade flow supported.