Software Development @ Japanese derivatives trading company

When a #Japanese #derivatives #trading #company wanted to replace their existing #back #office #settlement #system, they found the competency and skill set required in TopTech's team. With the Onsite-Offshore model TopTech helped reduce the client's license cost drastically, saving millions of yen annually.


Client

A mid-size Japanese Futures and Options trading company.


Challenge

The client was paying huge monthly licensing fees for using a back office settlement system that did not meet 100% of their requirement. The required #customization would have cost them huge additional costs. So the client decided to develop own #customized #solution. After careful consideration of many vendors and a series of meetings, client chose TopTech as their development partner.


Solution

TopTech studied the existing system, identified the problems of the current application and prepared a new requirement specification in accordance with clients needs. In order to reduce the #onsite development costs, TopTech proposed that the application be developed at its offshore development centre in Kochi, India.Some specific details of the project is given below:

Time required to develop the solution  :   30 man months

Resources deployed  :    3 to 5

Actual time taken  :   12 months

Technical environment  :   VB.NET, MS SQL Server, Windows, 3-tier architecture

User Interface Language  :   English/Japanese bilingual


Benefits

  • The client gained an immediate #cost #saving of upto JPY 1,500,000 a month in terms of licensing fees alone

  • Other saving area for the client was in #application #maintenance costs and new requirement development

CONTACT US:

 

TopTech Informatics K.K.
Jidai Bldg. 4F, 1-7-5 Iidabashi
Chiyoda KU, Tokyo
Japan- 102-0072

inquiry@toptechinfo.com

 

T: +81 3-6909-4441 
F: +81 3-6909-4442

 

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