Objective

• Exotic product migration and rebooking covering front to back processes
• Migration from existing MUREX to in-house proprietary system
• End to end project support, including template development, scripted migration, manual rebooking, QA and UAT
• Finalisation of target operating model
  

Case evaluation and solution

• Over 40k trades across Asset categories and 40 product types to be migrated
• Project involves liaising with stakeholder groups across Front to Back process
• Time zone & location challenge – over come by placing resources in U.K. and India
• Build out for complex rate products and exotic products
  
• Requirement based pre-deployment trainings on products and change management
• Analysed packages and recommended a solution architecture for migration strategy
• Deployed resources with domain knowledge, SMEs & Murex specialists at onsite locations
• Deployed technical resources for scripted migration
  
• All enveloping PM owned CRISIL delivery in a managed service model
• Building out complex products in proprietary system for products like FX linked dual currency
• Leveraging existing domain knowledge and relationships with MO and FO senior contacts
  

Client impact

• Product mapping of exotic products and Front to Back workflows
• New Engagement approach to manage downstream technology partnership engagement
• Delivering automated efficiencies in QA automation
  

Questions

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