Extending the electronic customer and market connectivity of a securities order management system

Calendar
Project Experience
Date
01.12.2008 - 31.08.2009
Location
Erste Group, Vienna

Description

company:
Erste Group Bank AG
start:
12/2008
end:
08/2009
project hours:
845
role:
project manager

 

project goals:
  • electronic connection of existing customers and markets to the order management system to increase the amount of straight-through-processing ("STP") orders
description:
Management of an internal project, involving internal equity retail sales unit and external customers and markets in an international environment. Collaborating with legal support the legal conditions for connectivity were checked and established. Where needed, lines were ordered and configured and a certification of communication based on standard financial communication protocols (FIX, SWIFT) was performed. After successful technical and business test the connectivity was put live in production. The implementation was done on a step-by-step basis, based on availability and priority of the customers and markets.
results:
  • connection of the markets to be automated
  • connection of the customers to be automated
  • project documentation