A global financial services major lacked end-to-end processing capability for customer onboarding, trading and post-trade operations.
The client had a dependency on an external vendor as calculation agent. They were looking for a technology partner to help them build a scalable solution that would eliminate this dependency and improve customer service experience.
Key Challenges
- Re-engineer the existing platform to handle customer trades
- Enhance the platform with functionalities for CPPI processing, reconciliation and reporting
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The Solution
Redesigning a platform for leading global financial services provider using MongoDB and .NET
Infosys enhanced the platform using agile scrum methodology. The scope included assessing the data models and scalability. Based on the needs of the application, MongoDB was selected for its flexible data model. Data was migrated from SQL Server to MongoDB using custom ETL. The user interface was revamped for responsiveness using Angular.js, providing a significantly better user experience.
User-friendly web interface with dashboard-driven real-time views
- Revamped the user interface for responsiveness using Angular.js
- Extracted and re-wrote business logic of current application in .NET.
- Migrated data from SQL server to MongoDB using custom ETL and reusable scripts
Benefits
Enhanced the existing platform for greater resiliency, scalability and robustness, enabling the client to perform the calculation Agent role in-house
Achieved customer delight with a user-friendly web dashboard that supports real-time views
