Corporate Action Software Implementation - Davies

Corporate Action Software Implementation

We provided corporate action subject matter expertise to aid in the design and development of a new target operating model for a Tier 1 bank’s corporate action team.

Challenge

Our client asked that we devise a plan to decommission their current processing engine and aid in design and development of a new processing platform.

Approach

Davies offered SME expertise to develop an integration layer which integrated their legacy system with this new platform. This integration layer provided real position updates, individual trade & securities lending counterparty details, etc. Davies guided the teams from strategy planning to execution.

Impact

Development and implementation of the new platform provided a 98% or higher STP rate for our client.

Meet our specialists

Joseph Denci

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Sharde McCorkle

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Michael O'Neill

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