For more information about Luxoft, visit www.luxoft.com www.luxoft.com/financial-services/
case study 13.09.2012
Diasoft Intra�Bank Credits Application Summary Customize a Diasoft FA# module to support additional intra-bank credit capabilities.
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Client: A top five Russian bank Business Area: Corporate Banking, Back Office Technology Set: Diasoft Fa# 3.6.8, MS SQL Server 2005 User Profile: Treasury Operations (10 users) Geography: Russia Relationships Status: Fixed price, delivered Services Provided: Full cycle: Business analysis, Development, QA/Testing, Maintenance uu Team Size: 5 team members uu Duration: 6 months
Business Challenge The bank’s Treasury Operations department had installed a Diasoft FA# solution for back office support. However, gaps in the vanilla version of the Diasoft solution compelled the bank to customize the application to support its unique requirements for intra-bank interest rate calculations and payment calendars.
Luxoft Delivered Solution Luxoft provided a highly skilled team of experts to develop a solution, including architects with experience in customizing Diasoft solutions. The analysis revealed that the Diasoft intra-bank credit module had limited potential for customization. The module was shipped with the source code, but its complexity and the absence of developer documentation made it enormously complicated to modify. Luxoft recommended a lower cost solution to use Diasoft’s commercial credit module as a basis, with minor modification to support the intra-bank credit requirements. This solution fulfilled all of the bank’s unique business requirements at a lower development cost. The new features covered the non-standard interest rates calculation, including the interest rates in different currencies, and the customization of the interest payment calendars. Luxoft successfully delivered the solution on time and within budget.
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Benefits Luxoft’s solution provided the bank’s Treasury Operations with the following benefits: uu Significantly increased sustainability as the customized features will persist with Diasoft upgrades uu Maintenance of the bank’s system stability and performance requirements uu Significantly lowered development, maintenance, and support costs uu Reduced operational costs with automated support for the bank’s unique interest and payment calendar requirements
Customer Feedback Detailed feedback will be provided on request.
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About luxoft
Luxoft, a principal subsidiary of IBS Group, is a provider of advanced application and software engineering outsourcing services for global and regional enterprises. Luxoft builds partnerships with its clients, such as Boeing, IBM, Deutsche Bank, UBS, Harman, Avaya, Alstom, and Sabre, based on the culture of engineering excellence, innovation, and deep domain expertise. Luxoft offers international delivery capability through its network of state-of-the-art delivery centers in North America, Eastern Europe, and Asia. Luxoft`s customers benefit from the right mix of technology skills, industry knowledge, proprietary processes and methodologies, and a choice of engagement models. For more information about Luxoft, visit www.luxoft.com www.luxoft.com/financial-services/
Š 2012 Luxoft