The client is one of the oldest and largest private bank in the United States. The client’s existing hedging application system was getting the close out and roll over trades from Foreign Exchange legacy system instead of generating within the existing application. The application was not flexible as the system did not allow modifications.
How we have helped our customer:
- Modernized the existing web application to address their current business requirements
- Improved performance in fund processing from 7 min to 1.5 min
- The system was made flexible where in the user can cancel the generated roll over trades and re-generate it