luxoft software development

1. For more information about Luxoft, visit
www.luxoft.com
www.luxoft.com/financial-services/
case study
Loan trading support system (LTSS)
Summary
13.09.2012
Develop a workflow engine to support the business processes in loan
trading operations.
uu Client: Investment Bank
uu Business Area: Market Data and Exchange Connectivity, Multi-Asset
Class Trading, Portfolio Management, Credit Risk Management, Regulatory
Reporting and Compliance
uu Asset Classes: Loans, Equities, Fixed Income, FI Derivatives
uu Technology Set: Oracle, J2EE, EJB, Struts, AJAX, SSO, Jasper Reporting
uu Integration: LS2, Bloomberg, (through RMDW&SS)
uu User Profile: Loan Operations, Legal Operations, Desk Operations,
Traders, Sales, Analysts
uu Geography: Europe, Asia, USA, Latin America
uu Relationships Status: Ongoing ODC, Bi-monthly releases, T&M basis
uu Services Provided: Functional Analysis, Development, QA/Testing,
Maintenance, Production support
uu Team Size: 8 team members
uu Duration: Over 4 years (development and support)

2. Business Challenge
Luxoft Delivered Solution
To reduce risks and increase the operational efficiency of the loan trading
process, the client needed an automated workflow that insured compliance
to best practices. The high-level requirements to support all aspects of the
trade operations workflow included:
uu Visibility to all credit and trade details for the entire loan lifecycle
uu Visibility to key performance indicators via an executive dashboard
uu Clearly demarcated task ownership and accountability to remove
bottlenecks in the process
uu E-mail alerts to task owners and counterparties
uu Comprehensive executive and operational reporting to facilitate risk
management
uu Entitlement-based access to trade information to maintain a high level
of confidentiality and security
uu Design for easy integration to corporate business support systems
uu Compatibility with other loan businesses
Luxoft’s development team established best-practice processes for
communication and loan trade execution and built the workflow onto a
robust enterprise architecture platform.
Trade transactions are created, edited, confirmed, canceled, maintained,
terminated, and reviewed; and flexible workflows were designed to support
multiple types of trade tickets and task checklists, ensuring that changes to
the business process flow are easily applied to the system. The new system
communicates with other applications via an enterprise bus, allowing the
seamless exchange of data. Reconciliation processes ensure data integrity
between systems.
Comprehensive risk and performance reporting provides the needed
analysis information for both long-term strategic and day-to-day tactical
operations. An advanced, rule-driven e-mail notification module ensures
that all operations are tracked and that each process owner or counterparty
is notified about the actions assigned to him or her.
02Luxoft - Case Study

3. 03Luxoft - Case Study
Benefits
With Luxoft’s technical expertise and advanced business domain
knowledge, the client realized the following benefits:
uu Significantly improved trade data quality
uu Decreased operational costs by increasing the workflow efficiency
uu Improved risk management by automating the workflow and providing
views of risk and performance across trading desks
uu Reduced development and support costs with a flexible, scalable
enterprise platform
uu Reduced counterparty risks by formalizing counterparty management
business processes
Luxoft’s Loan Trading Support System (LTSS) is multi-branch capable and
manages complex trades worldwide from a single platform. It is currently
installed in multiple branches located in Europe, Asia and America. The
Luxoft team offers effective solutions to architectural and technical
problems, and offers services for on-going system maintenance and
improvement.
LOANS
DATA
FEED
DISTRESSED CREDITS APPLICATION
EXTERNAL BUSINESS
DATA SOURCES
EXTERNAL BUSINESS
DATA SOURCES
AUTENTICATION
& AUTHORIZATION
LOAN
TRADING
DATA WAREHOUSE
& RISK MANAGEMENT
AGREEMENTS
MARKET
TRACKING
REPORTING
& SCHEDULING
COUNTERPARTIES
DESK OPS
TRADE TICKET
E-MAIL
NOTIFICATIONS
TRADERS
SALES
LOAN OPS
LEGAL OPS
CHECK TICKET
REPORTING

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
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