Executive Summary
The client requested an upgrade for the Kondor suite products and the implementation of VAR for the money market and FI products. ITC Infotech, as a key player in Kondor services, was tasked with upgrading the Kondor suite and implementing VAR to ensure compliance with regulations.
Business Challenge
- Project execution with the Bank’s new team with limited skillset in Kondor
- Reconcile VaR values with legacy system
Business Challenge
- Project execution with the Bank’s new team with limited skillset in Kondor
- Reconcile VaR values with legacy system
Our Solution
- Risk Assessment
- Testing
- Enhancements
- Tools & Technology
Key Results And Benefits
- Upgrade helped the Bank with new enhanced features and resolve existing issues
- VaR Calculation Methodology enabled the customer to verify the system-generated results accurately.
- Reusability of artifacts and work components ensured more time spent on quality testing rather than rebuilding the components from the beginning
- The usage of Automation tool results and Shorter Test Execution Cycles – allows for faster Regression cycle
- The process and matrix-driven testing methodology by the testing team ensured zero or low production faults.
About ITC Infotech
ITC Infotech is a leading global technology services and solutions provider, led by Business and Technology Consulting. ITC Infotech provides business-friendly solutions to help clients succeed and be future-ready, by seamlessly bringing together digital expertise, strong industry specific alliances and the unique ability to leverage deep domain expertise from ITC Group businesses. ITC Infotech is a wholly owned subsidiary of ITC Ltd., a 100-plus-year-old diversified conglomerate with businesses spanning Hotels, Consumer Goods, Paperboards & Packaging, Agri Business, and Information Technology. ITC Ltd. has been in the hospitality business for over 4 decades. It has over 100 properties across 70+ destinations. The hospitality practice at ITC Infotech is 800+ people strong and most have experience in the hospitality domain leading to a high-quality IT service experience for its hospitality customers.
