Our expertise is proven by our delivered experience. In our series of case studies we show how Phi Partners overcomes a range of technology challenges to achieve sustainable operational and commercial advantages for our clients.
Phi Partners was engaged by a large Swedish bank to re-plan and execute an upgrade to the Equity Derivatives instance of Murex.
This upgrade was part of a wider Murex program with an FX installation running in parallel.
Business objectives
Upgrade the equity derivatives Murex instance and increase the functional scope.
Improve the quality of the implementation.
In Scope
Front-to-back functionality.
Equity derivatives.
Upgrade from 3.1.21 to 3.1.33.
Solution
Phi Partners provided the project management, functional and technical analysis, testing phases and support to the client’s wider programme management function.
Approach
Carried out an initial impact assessment to understand the scope of the upgrade and the functionality impacted moving across multiple binaries.
Worked closely and proactively with the vendor.
Worked with the SMEs to improve the technical solution, clean the database and rationalise business process.
Adopted a structured risk based test approach to focus on key application areas.
