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Our client required to migrate from a legacy Investment Banking System to a new system. This new system was required to support same products and provide value add to existing bank’s functionalities and products made available to its customers.
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Solution: |
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InfrasoftTech developed a solution that was designed to ease the transition to the new system and also provide a long term and cost effective solution for integration with the various payment systems and downstream systems. The solution provided:
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Data repository acts as a black box to external systems
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Common framework provided common functionality that is used across various repositories.
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Test Gauges to validate the financial integrity of data migrated to the source repository. This ensured that the data extracts to downstream systems are accurate.
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Generation of data extracts to downstream systems from the repositories
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Generation of Finance reporting from the repositories using Oracle Reports
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Providing a web based exceptions & processes monitoring framework
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Real time message delivery of payments
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Modules Covered: Cash Accounts, Money Markets, Call Deposits, Commercial Loans, Foreign Exchange, Interest Rate Swaps, Funds Transfers, General Ledger & Balance Sheet, Monthly & Quarterly MI.
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Benefits :
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- Reduced TCO and faster ROI
- Seamless integration among payment and downstream systems
- Improved Reporting
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Technology Environment : |
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- Oracle 8i
- Oracle 10g
- .NET
- Lotus Notes
- Visual Basic for applications and Lotus Wordpro
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To understand how we can help you maximize your organisation’s investment on technology, write to us at solutions@infrasofttech.com |
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