Collateral Certification Processes
Context
In a highly regulated banking environment, collateral management and certification are critical processes to ensure compliance and reliability of financial operations. In this context, a leading investment bank launched initiatives to strengthen traceability of application processes and to industrialize delivery and control mechanisms associated with applications dedicated to collateral calculation and certification. To secure these processes, Avaliance contributed to structuring development practices, industrialization, and technical governance around the related applications.
Challenges
The client needed to strengthen regulatory compliance and traceability of application processes related to collateral management.
Key challenges included implementing industrialized delivery mechanisms, improving development quality, and securing application deployments. It was also necessary to facilitate the adoption of regulatory requirements by both business and technical teams while improving the reliability of collateral calculation and certification processes.
Achievements
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definition and implementation of application delivery procedures compliant with regulatory requirements
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implementation and administration of industrialization tools: XLDeploy, Puppet, Jenkins, Nexus, and Docker
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implementation of software quality best practices: code reviews, continuous integration, and Sonar analysis
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design of a self-certification mechanism based on a rules engine for automated controls
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implementation of a margin calculation simulation system to improve control reliability
