Rationalization Process. Eliminate the duplication of functions by combining multiple systems into a single target.
Initiative: A top-tier investment bank wanted to reduce costs and simplify its IT footprint.
Approach: Luxoft assumed full front-to-back platform responsibility via an output-based managed service.
80% reduction in process runtime after reengineering a stress-testing computation process
35% TCO savings after the first year with further reductions in following years
Initiative: A top-tier bank needed data consolidation to deliver critical regulatory initiatives alongside digital transformation.
Approach: Luxoft built a big data platform that the bank systems used to get a standardized view of transaction and reference data.
Through robust access to real-time data, the stakeholder gained a global view of intraday investor services and credit risk exposure for clearing and custody services
Legacy platforms decoupled from strategic, allowing work to proceed in multiple parallel streams for accelerated delivery
Initiative: Fundamental Review of Trading Book (FRTB) required a significant decrease in compute capacity for a top-tier bank.
Approach: Flexible SLAs at job level as a result of machine pooling.
30% reduction in compute time
40% reduction in infrastructure cost
17+ years within the investment banking sector ranging from rapid tactical deployments to large-scale multi-year strategic programmes.
Client-oriented professional with 10+ years in the technology sector for the banking industry, in various roles within recruitment and client engagement management.