System design and build
Institutions often choose to build their own systems rather than selecting a vendor package. We can help clients at all stages of the system design process for risk management and trading systems, including:
- High level architecture and data requirements
- Functional specification
- IT requirements (in conjunction with our IT partners) Net2S
Once the system has been specified we can work with our IT partners or the client’s IT department to bring about a successful build and implementation of the system.
Client
Financial markets division of major retail and commercial bank
Region
UK
Client need
The client wished to upgrade its credit risk management system for its dealing room business. The client needed advice in respect of the required functionality and whether it should buy a vendor solution or build in-house.
Our deliverables
We initially produced a high level functional requirements document and a roadmap for how this would be delivered over the coming years. This involved helping the client to clarify its policy and methodology in a number of areas.
We produced a business case for the system which included an analysis of the build or buy options.
We identified a shortlist of potential vendors that would meet the client’s requirements and, in conjunction with the client, produced the questionnaire for the Request for Proposal and scored the responses submitted by the vendor.
We performed business analysis in relation to the implementation of the first phase of the system and wrote the functional requirements specification.
We also provided systems development and business analysis for a number of tactical systems initiatives.