Large-scale migration support from legacy risk systems to advance risk management system across multiple geographical location to one of the largest US based Investment Bank

 

Objective

 

  • One of the biggest US investment banks wanted to migrate its multiple front-end pricing and risk systems to a new strategic risk system

 

Challenges

 

  • A team of more than 20+ associates globally was set up in a short span of time to support various sub projects within the migration assignment
  • Extensive training was planned to quickly prepare the team for deliverables to achieve go-live stage
  • Automation to handle huge amount of data to achieve tight deadlines for each project
  • Multiple projects had been worked on simultaneously, which also involved interacting with multiple stakeholders and resolving issues in short time frames

 

CRISIL’s solution

 

Design/Development Phase

 

  • Deep dive analysis
  • Functional testing
  • Python/Access-based tools created

 

UAT Testing

 

  • Test cases and scenarios
  • Functional testing
  • Issue management
  • Coordination and control

Go Live

 

  • Review and implement the migration plan
  • Post-Production monitoring

 

Migrated 10,000 books (products across asset classes) from more than 10 legacy risk engines to a single strategic risk system

Request for services

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Questions



Looking for high-end research and risk services? Reach out to us at:

 

United States
1-855-595-2100/
+1 646 292 3520

 

United Kingdom
+44 (0) 870 333 6336

India
+91 22 33 42 3000 /
+91 22 61 72 3000