Success Stories
Implementation of Investment Portfolio Management system for a leading global Asset Management firm
Business Need
The existing applications were running manual activities and redundant processes in processing trade transactions. The client waned to eliminate the manual activities and redundant processes.
The client wanted to implement Eagle Pace which is a web-based, data-centric investment portfolio management system designed to provide financial services organizations Straight-Through Processing (STP) capabilities.
- Elimination of a lot of manual activities and redundant processes in the end-to-end processing of trade transactions
- Multiple vendors involved in the development
- Highly automated, exception-based workflow, leveraging Eagle PACE tools
HCL Solution
HCL team executed the project in two phases:
- Assessment phase to define the solution
- Implementation phase to develop the modules in PACE which will interact with JMS bus
- Development of interfaces and security data mastered in single place
- Integration of the Eagle Pace with three of the major downstream applications known as CRTS, PIMS and GDH using JMS Bus
- Eagle PACE made available for 24/7 and "anytime, anywhere" real-time access which eliminated the need to run multiple versions of the same system in different locations–lowering the cost of ownership.
- Security data mastered in one place: "golden copy" provided to downstream applications. Data will not be maintained independently in trading and accounting platforms.
