The bank embarked on a strategic initiative to implement a cross-asset single dealer platform which will enable the bank to offer customized treasury products & solutions encompassing asset classes such as Foreign Exchange (FX), Bonds, Reverse Repo and Structured Products through all business channels. The project included the integration of a new distribution system to more than 30 systems, migration of customers and data from legacy systems as well as enhancements that are essential to meet current and future business needs.
Aristal was engaged to provide project management services to manage and oversee all workstreams to ensure successful and smooth delivery of the program. FX was successfully piloted in Oct 2022 while Bonds and Reverse Repo went live in Nov 2023.