FCL-UK
SERVICES
SERVICES
SERVICES
CASE STUDIES
Business Challenge
FCL-UK were employed to take over a failing SAP programme that had fallen behind schedule and needed to be re-focused.
Solution
FCL-UK had to re-scope, re-design and develop a new SAP workflow and associated business processes with SAP services applications including links into the SAP business suite of products including ERP financials, CRM suite and a HR system for the end client.
Business Benefits
The assignment was completed the project within just six months – on schedule, under budget, and with no outstanding issues. The costs were kept costs low by making intelligent use of resources. In addition we reduced on-going IT costs by moving the relevant environments onto standard maintenance contracts saving over £35m
Business Challenge
Due to a failed audit with several major failures identified, FCL-UK were employed by a major global bank, to deliver a major component on a trading platform & pass a re-audit within 6 months.
Solution FCL-UK delivered an automated, integrated, ecommerce Fixed Income system for all UK FO/Sales functions with the necessary processes and procedures for Govt Bonds, Interest Rate Swaps and Credit Derivatives, initially within the UK, then globally via a number of enhanced releases, encompassing pre-trade enquiry, capture, storage and interrogation of Fixed Income data, credit risk management, trade capture and routing, Intra-Group trade generation; trade affirmation, confirmation & remediation, and the ability to interrogate the operational process, to track the progress of a trade through the settlement process, post trade allocations & splits and the Interrogation of data to identify metrics of enquiries, trades and liquidity chains
Business Benefits
The re-audit was passed, the traders had a combined blotter with the product set required & new processes were introduced that saved costs for the business (estimated at £70m). The bank had more powerful and intuitive online banking experience for all to use. In addition visualisation tools to help the bank to compare income against expenditure and track account balances