Financial Institution’s Fund Management Group: Pre-trade Compliance Tool Analysis
The Fund Management Group of one of the world's largest financial institutions wanted better automation of pre-trade compliance activities across its trading enterprise.
The group selected Starpoint to develop Business and Technical Requirements and to evaluate an existing tool used by another division of the group to determine if it could fulfill the group’s requirements in a quicker time frame.
Starpoint conducted a technical review, evaluation, gap analysis, and documentation of the existing pre-trade compliance application. Starpoint analyzed and facilitated consensus of business requirements, including system integration and preparing start-of-day data so the application would be available when required.
Starpoint updated the business, user experience, and technical requirements, and documented them in the required high- and low-level design templates for the first release of the new application, which was to focus on equity aggregation. Starpoint produced an executive summary, design, and implementation plan recommendation for using the existing tool as a basis for the application’s new version. Finally, Starpoint completed a prioritized list of functionality for future releases. Starpoint used its integrated global model:
- Starpoint’s US resources providing Project Management, Business Analysis, and Technical Leadership
- Starpoint’s Moscow and Kiev resources providing Technical Research, Documentation, and Architecture