Given the time constraints and the complexity of implementation, at both technical and functional level, the senior management in both organizations decided to become involved from day one and a multi-pronged plan was put in place in order to ensure project delivery within scheduled time frame. With a keen eye on the project plan, Fi-Tek’s implementation teams set up all the funds with their fully documented rules and converted the history and did a rerun of all the allocations.
HedgeTek was able to tune the processes to dramatically improve performance. Workarounds that used to take a significant amount of time were replaced with utilities that virtually eliminated the processing overhead. The users could also address complex tasks in lesser number of steps as the system automated most of the business processes.