
What we did
The project was broken into two phases to accommodate existing product license expiry (three months from the project start date)
- Phase 1 covered a like for like performance and reporting implementation of the new system so that there was a continuity in business. A bespoke development was necessary for the data files and the data characteristics required to support the current model
- Phase 2 covered the switch to the transaction-based performance and attribution and delivery of the ROI solution from within the system. The initial files built for the Phase 1 were re-designed and new data files were created for the transactions and the additional data for the ROI Calculation
- We addressed data management challenges in the underlying datasets, developed custom ROI calculations on top of the solution’s existing capability, and configured the solution to support their Islamic investing requirements
- Defined dashboards that helped management better understand aggregate level performance against risk taken by front office to achieve performance
- We applied our proprietary automated testing strategies, which helped to reduce the implementation time and ensured high quality delivery
- Operational support for middle office to help stabilise the system and ensure a smooth handover following the implementation