Having a complex and diverse portfolio with life insurances often poses enormous challenges to trade, model, calculate the risk and hedge it. This is what the biggest Re-insurer in the world was facing when it chose the Corporate Trading and Portfolio Management System Calypso. Being one of the leading experts with this Vendor LEAD Consult was involved from the very early stages of the project. The main challenges were to integrate Calypso v13 Front-end and the client’s risk Processes, migrate trading and risk data, integrate the system into the client End-of-day processes and infrastructure.
Initially, LEAD Consult joined with a Software Architect and two Calypso Consultants. Later on, our successful collaboration continued in the form of a Maintenance of the end-solution in a Production environment, including the proper 1st, 2nd, and 3rd level escalation processes; monitoring of the end of day jobs, as well as improvements to the overall processes, where required.
The project initially started in April 2012, is still successfully ongoing with the presence of LEAD Consult team member as a part of the overall Maintenance and Implementation project.