luxoft software development

1. For more information about Luxoft, visit
www.luxoft.com
www.luxoft.com/financial-services/
case study
Curve & Volatility Marking and Market
Data Distribution Framework
Summary
26.09.2012
System is the second generation of strategic market data processing framework
used by Traders and focused on curves and volatilities marking as well as historical
data collection and storage.
uu Client: TOP10 global investment bank
uu Business Area: Global Market Data Distribution
uu Asset Classes: Commodities
uu Technology Set: MSSQL, C#, C++
uu Integration: Reuters
uu User Profile: Traders
uu Geography: US, UK
uu Relationships Status: Ongoing ODC, T&M basis
uu Services Provided: Development
uu Team Size: 3 team members
uu Duration: 1+ years

2. Business Challenge
To develop the business Bank needed to create a framework which would
provide end-to-end services from a Traders GUI for curves and volatilities
input as well as connectivity to market data providers and to high-
performance push- and pull-based access services.
The adapters for existing clients’systems with extensive storage and
caching mechanisms along with the historical data collection and
storage were requested to support the business in the market data and
commodities trading domain.
02Luxoft - Case Study
Luxoft Delivered Solution
Luxoft has successfully augmented Bank Commodities IT team with highly
skilled .NET and SQL developers who possessed wide knowledge within
the recent .NET technologies and understanding the commodities trading
business domain.
Luxoft team set up the development process that allows for distributed
implementation of System with the personnel residing in London and
Moscow and the project ownership and leadership being in London.
The implemented solution allows traders to create various curves (including
volatility curves) based on provided market data such as rates, currencies,
commodities prices etc., as well as on data from other sources, which
facilitates effective and convenient marking to market process. Integration
with Reuters and extensive storage and caching mechanisms for historical
data collection and storage were also implemented.
Customized user interface and diversity of data input for curves modeling
make the application extremely flexible. The developed push- and pull-
based access services enable traders to upload and download curves and
data from/to each other.
While developing the System Luxoft team, worked effectively with the team
in London, contributed to System architecture and design and delivered
timely solutions to the arisen problems.

3. 03Luxoft - Case Study
Customer Feedback
Benefits
Luxoft engagement in the project resulted in the Bank team getting the
core staff of highly skilled .NET and SQL developers with good knowledge of
the business problem domain. Luxoft team is capable for efficient delivery
of the project solutions in close collaboration with London-based project
owner. The system was developed and implemented in full accordance to
the schedule. The Bank has been provided with requested marking tool and
market data distribution framework which fully meet its business needs.
Detailed feedback is available on request.

4. 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/
© 2012 Luxoft