Evaluation, selection, implementation and post go-live support of a new Portfolio and Order Management System
The client was using a legacy front office platform overlaid with a series of spreadsheets for money market, fixed income and OTC instruments. This limited scalability and meant fragmented capture of OTC trading.
The client had resolved to put in a new front office order management system to reduce overall complexity and risk, to integrate several business groups and to consolidate capture of OTC trading.
- Alpha ran a ‘discovery phase’ to document existing workflows, find ways to rationalise custom applications, give potential vendors functional requirements, and weigh up the functional strengths and weaknesses of vendor solutions
- Alpha then worked with the client to recommend the right vendor solution, and then to determine an implementation approach and roadmap
- Alpha provided the client with experienced subject matter experts to assist with the development, implementation and configuration of the vendor solution
We delivered an integrated platform for capture of OTC and money market trades, through the order management system of a leading vendor.
We met the client’s business objectives of reduced complexity, centralised processing, and a fully scalable trading platform with less operational risk.