End-to-End Management of a Global Investment Bank's Proprietary Research Database

Client: Global Investment Bank

 

Objective

 

Enhance and assume ongoing, end-to-end management of a proprietary research data base for a global investment banks.

 

Challenges

 

  • The scope of support expanded from model linking and troubleshooting database issues to ensuring MiFID II compliance
  • Real-time support with utmost data accuracy was the key requirement, along with reducing data discrepancies and errors in metrics published
  • Crunch-time model upload issues and technical glitches, preventing publication
  • Disclosure-related problems due to differences in identifiers
  • Expanded coverage and support not only for existing equity/FICC, but also other security/asset types such as ETFs and loans

 

CRISIL's Solution

 

  • The CRISIL team stepped up to enhance audit analysts’ models prior to initiations to ensure they match the client's expectations on workability and data quality
  • Helped improve overall data quality of the financial metrics/data points by automated validations and manual cross-checks/follow-ups with analysts
  • Provided seamless support to the bank on the database front, leveraging the team’s domain expertise over years, ensuring there is nil impact in BAU for the analysts/research department
  • Automated disclosure-related identifier checks and performed regular clean-ups to ensure accurate reporting
  • Assisted in ETF coverage expansion and loans coverage for the bank and ensured the systems were up to speed to accommodate enhancements
  • Made key contributions during technology testing cycles, suggested and facilitated various changes to the research database to enhance the user experience and improved value addition to the bank

 

Client Impact

 

  • End-to-end ownership of the client database, including enhancements
  • Added value through dynamic validation checks, resulting in saving of 5,000+ hours per annum and improved data quality
  • Reduced time to publish research models
  • Complete ownership of the training of client teams on database to improve their efficiency

Request for services

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Questions



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