Capco’s FRC team executes strategy for transitioning data feeds to the new technology through the roll-out of a standardized DML.
With no standardized data management layer (DML) rollout plan, our client, a global investment bank, was experiencing a significant cost burden in support, change management and processing overheads. Capco’s FRC team developed a simplified architecture, along with a roadmap and communication plan to explain the benefits and gain acceptance from the firm’s business units.
Our first action item was devising a communication plan to engage key business, change and IT stakeholders. We developed a clear strategy for transitioning data feeds to the new technology through the roll-out of a standardized DML. We also identified and prioritized the target feeds, and helped to assign responsibilities and accountabilities among IT stakeholders.
Holder of one of the world’s most complex market and credit risk data infrastructures, our client processes over 2,000 batch and real-time inter-application data feeds daily. Simplification in this process was vital. To streamline our client’s data feed, through our DML roll-out, we accomplished the following: