luxoft software development

1. For more information about Luxoft, visit
www.luxoft.com
www.luxoft.com/financial-services/
case study
Back Office Solution for Post‐Trade
Processing and Accounting
Summary
13.09.2012
Extend the functionality of the Aladdin-Systems Securities platform to
support post-trade processing, accounting, and the associated internal
audit requirements.
uu Client: Global Wealth Management & Investment Banking Group
uu Business Area: Corporate Banking, Finance and Risk Management,
Back Office
uu Technology Set: Aladdin, MS SQL, VB.NET, С#
uu Integration: RECON, Aladdin, MICEX and RTS
uu User Profile: Finance and Back Office Operations, Compliance
uu Geography: Russia
uu Relationships Status: T&M
uu Services Provided: Full cycle: Business analysis, Development,
QA/Testing, Maintenance
uu Team Size: 6 team members
uu Duration: 2.5 years

2. Business Challenge
Luxoft Delivered Solution
The client’s existing Aladdin-Systems Securities platform needed
customization for post-trade processing and compliance to the associated
Russian regulatory reporting requirements. The high-level business
requirements included:
uu Integrate the Aladdin Securities platform with trading and market data
sources, Moscow Interbank Currency Exchange (MICEX) and Russian
Trading System (RTS) stock exchange, via various trading terminals and
applications
uu Receive clearing files and develop exchange reports based on Aladdin
technology
uu Enhance Aladdin’s back office post-trade processing, financial
accounting and reporting
uu Consolidate trade data from various sources (i.e., the stock exchanges,
Aladdin-Systems Securities, and Fidessa trading systems) for input to the
exchange reconciliation system (RECON)
uu Enhance security for internal auditing of all transactions
Luxoft’s team of technical and business domain experts developed the
business requirements with the objective to insure that the customized
features and the overall system would remain stable and reliable after future
Aladdin-Systems upgrades.
In addition to successfully fulfilling all business requirements, Luxoft
developed a full set of regression testing scenarios that were used each
time an enhancement or an Aladdin upgrade was deployed, insuring that
the business critical operations were never impacted. The system was
successfully implemented on time and within the budget.
02Luxoft - Case Study

3. 03Luxoft - Case Study
Benefits
Customer Feedback
Luxoft’s solution provided the global wealth management and investment
banking group with the following benefits in their asset management
processes:
uu Greatly reduced future maintenance costs and the risk of downtime by
providing a clean development of the customized Aladdin platform
uu Reduced the risk of additional costs that could be incurred from
regulatory non-compliance
uu Reduced operational costs and improved cash management by
integrating the Aladdin and Fidessa trade data with the exchange
reconciliation system (RECON)
uu Improved risk management through enhanced, secure internal auditing
Detailed feedback will be provided on request.
.

4. About luxoft
Luxoft, a principal subsidiary of IBS Group, is a provider of advanced applica-
tion 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 en-
gagement models.
For more information about Luxoft, visit
www.luxoft.com
www.luxoft.com/financial-services/
© 2012 Luxoft