For an investment bank the ability to effectively process a trade through its systems is crucial and technology can be a key change enabler for Finance IT. Improved technology can increase the fast availability of high-quality information, provide granular and flash data from solid business intelligence systems and give the user confidence in the accuracy and integrity of the data.
This is where GFT can provide benefits to its clients. We have successfully completed award-winning projects in this space and put together a succession of highly experienced teams to address complex Finance IT issues such as; independent price verification, accounting services, including sub-ledger and balance sheet substantiation, regulation issues (IFRS) and knowledge transfer.
Some of our projects in the Finance IT sector have entailed:
Improving balance sheet, sub-ledger and general ledger processes and resolving operational risk issues with a new operating model.
Reducing risk assessment exposure for an investment bank and building a compliant reporting system.
Improving IPV programmes by reducing operational risk through assessment of P&L calculations and reconciliations across the bank.
Mitigating exposure and cost for an investment bank through improved knowledge management and greater control over related risks and open issues.
