case study master data management it consulting luxoft for major investment bank

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For more information about Luxoft, visit www.luxoft.com www.luxoft.com/technology/ CASE STUDY MASTER DATA MANAGEMENT IMPLEMENTATION FOR A GLOBAL BANK 14.09.2012

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Page 1: Case study master data management it consulting luxoft for major investment bank

For more information about Luxoft, visitwww.luxoft.com

www.luxoft.com/technology/

case study

MasteR data MaNaGeMeNt IMPLeMeNtatION FOR a GLOBaL BaNK

14.09.2012

Page 2: Case study master data management it consulting luxoft for major investment bank

ChaLLenge

SoLution

our client, a major investment Bank that provides financial services (including investment banking, advisory, sales & trading, and prime brokerage) to institutional clients, required an enhanced platform for client and product master data for its sales and trading organization.

this client’s “equities security Master” project supported fast-growing requirements for delivery of cash equities, futures, and options market data to the client’s research and trading organizations. their “Partner Data” program was initiated to manage growing requirements for Bank Secrecy and uSa Patriot act counterparty “know your client” and standing delivery instructions.

Luxoft worked with the investment bank to achieve its desired results by following a phased approach:

Phase I

We collected technical and functional requirements from global business and technology units

Phase II

Develop an authoritative document that describes all of the front- and middle-office requirements

Phase III

Develop a synthesized data model suited for the specific requirements of the business models for both instrument and counterparty data. in an ongoing effort, Luxoft developed an oracle database as well as informatica and PL/SQL mappings that include related systems and environmental components.

02Luxoft - Case Study

Page 3: Case study master data management it consulting luxoft for major investment bank

ReSuLtS

u the equities Security Master enabled the bank to deliver all of the appropriate market data to production environment and to retire the legacy market data platform.

u the Partner Data requirements analysis met all business, operational and regulatory compliance commitments and is now the basis for an ongoing client program.

03Luxoft - Case Study

Luxoft Consulting provides it Strategy, implementation, and technology staffing services to Fortune 1000 and leading middle-market companies. to learn more about our it Strategy consulting services and see how Luxoft Consulting can enable your organization to achieve business goals by making smarter it decisions, visit www.luxoft.com/consulting

Page 4: Case study master data management it consulting luxoft for major investment bank

about luxoftLuxoft, a principal subsidiary of iBS group, is a provider of advanced application and software engineering outsourcing services for global and regional enterprises. Luxoft builds partnerships with its clients, such as Boeing, iBM, Deutsche Bank, uBS, harman, avaya, alstom, and Sabre, based on the culture of engineering excellence, innovation, and deep domain expertise. Luxoft offers international delivery capability through its network of state-of-the-art delivery centers in north america, eastern europe, and asia. Luxoft`s customers benefit from the right mix of technology skills, industry knowledge, proprietary processes and methodologies, and a choice of engagement models.

For more information about Luxoft, visit www.luxoft.comwww.luxoft.com/technology/

© 2012 Luxoft