Client background: Leading provider of risk management and technology solutions that focus on regulatory compliance, performance, financial crime, and cybersecurity.
Code of Ethics (COE) module is additional functionality integrated into the Compliance Alpha platform. COE provides a firm’s compliance departments with the ability to electronically manage code of ethics.
Challenges in converting existing manual procedure of handling the trade requests to web-oriented platform
Implementing the Rule book of accepting, rejecting or resolving trades as a Rule Engine to generate item of interests
Minimize the human efforts by clearing most of the trade requests based on rules and highlight only those scenarios which requires additional review/action
Created robust and scalable architecture to enable rapid development and add more components as the product matures and scales
Use Micro services to ensure single responsibility pattern along with easier deployment. Instead of making a microservice for the Action Request Center (all preclearance) and another for all post or backend process, we’ll put all Trading into its own microservice.
Use Docker tool for better deployment
Scalable and robust application
Decreased costs to run/host the product in the cloud
Increased productivity through minimized human intervention