PROJECTS

Module Development for Manually Handled Derivatives


Challenge

For commodity, energy, interest derivatives and various structured products which were handled manually by the bank without a system integration, it was requested to form an interface and flowchart and to integrate these products into the core banking system.

Solution

For the products which were being tracked manually, a new data model was developed, integrations to modules such as reporting, nostro, EFT, accounting and tax were created by redesigning the user interfaces and flowcharts.

Benefits

By ending the current manual tracking and reporting mechanism, a recordable and reportable application with automated flowchart was implemented.