The client is a leading American Investment Management Organization.
Infosys helped the client to automate the onboarding of multiple model firms simultaneously.
The objective of the model portfolio automation is to achieve time to market demand by automating and scaling the existing model onboarding system.
Tightly coupled business logic decomposed to loosely coupled functional components which accelerated the onboarding of diverse model firms.
Key Challenges
- Inflexible & tightly coupled functionality limits the incorporation of new model firm processing logic
- No standard inbound source system to process the single workflow data
- No ability to configure multiple firms’ fields dynamically
- Code replication to develop workflow for new firm onboarding
- Specific data cache bounds the utilization of cache for other firms
- Unable to process multiple transactions parallelly
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The Solution
Identifying the firms onboarding processing pattern
The solution approach was based on identifying the firms onboarding processing pattern by analyzing - data elements, processing logic, filtration criteria, transformation logic, data persistence etc.
- Configuration-based, and vertically scalable design
- Autosys triggered workflow, that’s executed based on configuration
- Ingest standard template inbound source data for various data processing action
- Auto staged the raw data for multi firms
- Dynamically update firm onboarding configuration from inbound source
- Pre-configured master data
- Programmed loosely coupled, parallelly processed service components to meet the SLA
- Implemented dynamic, parameterized query generator components
- Configurable batch processing to balance the load on shared infrastructure
- Auto reporting of invalid data
- Configurable switch-on/off mechanism for firm data processing
- Leveraged the Agile and DevOps
- Continuous Integration and continuous development
- Testing automation
- Frequent show and tell session with stakeholders to reduce requirement gap
- Release rollout post multiple iteration of validation including User acceptance testing, Integration testing and end-to end testing
- Leveraged offering of standard tools for observability, code quality, performance engineering etc
Model Portfolio Onboarding Acceleration
- Pre-configured automatic firm onboarding
- Auto-notification of transaction processing status to target stakeholders
- Historical transaction processing
- Data quality validation framework
- Extensible and scalable
Benefits
Customer was expecting to onboard target firms in decades using old solution but with new solution it reduced to months
Reduced single firm onboarding time from 3-4 month to 2 weeks
Multiple firms can be onboarded simultaneously
Configurable and scalable solution
More adaptive to change management
Faster time to market
Faster transaction processing and settlement
