luxoft software development

1. For more information about Luxoft, visit
www.luxoft.com
www.luxoft.com/financial-services/
case study
Research Analysis Support
System for a Leading Russian Bank
Summary
13.09.2012
Develop a comprehensive, intelligent database to support the bank’s research
department in market data analysis and the publications workflow.
uu Client: One of the top three largest banks in Russia
uu Business Area: Market analytics and research
uu Asset Classes: Equities, Fixed income, Indices
uu Technology Set: .NET 3.5: ASP.NET, WCF WWF, SMTP, AJAX, XSLT/XML,
MS SQL Server 2005
uu Integration: SOAP 1.2, SMTP Pooling, SOA over WCF, Message Queuing
uu User Profile: Research Analysts, Compliance, Editors, Desktop
Publisher
uu Geography: Moscow, London
uu Relationships Status: Ongoing, Fixed Price
uu Services Provided: Full cycle: Business analysis, Development,
QA/Testing, Maintenance
uu Team Size: 12+
uu Duration: 2+ years development and ongoing enhancements

2. Business Challenge
In 2008, the bank began an initiative to build an in-house market research
and analysis team. To support the new department, a solution was needed
for:
uu A comprehensive database of equities, bonds, currencies, indices,
company financial indicators and more
uu Automated import of market data from the MICEX and RTS exchanges
and the Bloomberg agency
uu Automated distribution of calculated market analysis data and reports
to research analysts and other company subscribers via email, as well as
online, on-demand reporting
02Luxoft - Case Study
Luxoft Delivered Solution
Luxoft delivered the initial system on time and within the budget and new
capabilities continue to be added as requested by the bank.
Luxoft’s market research database (RDB) was designed and populated with
10 years of historical market data and is automatically updated daily with
current market information from financial information providers and stock
exchanges. A wide range of standard ratios and parameters (i.e., yields,
durations, spreads, yield curves, P/E, ROE, and MCAP) are calculated with
configurable models and algorithms. More than 40 types of market data
analysis reports are compiled in both Russian and English, with automatic
distribution to company subscribers.
Key business functions include market data management, data analysis,
client or subscriber management, publication workflow governance,
distribution management, and importing market data.

3. 03Luxoft - Case Study
Future functionality will include improvements in publication workflow,
document authoring, on-demand publications from ready-to-use calculated
data blocks, additional analysis parameters in the Fixed Income analysis block,
and development of an Internet Research Portal.
Luxoft’s solution uses an n-tiered, layered architecture for maximum stability and
flexibility. Functional capabilities are supported by four main components: email
distribution, document storing, publication workflow, and market data imports.
Figure 1:
Research database
functional
framework
Figure 2:
Research
database solution
architecture
MARKET DATA
MANAGEMENT
NEWS,EVENTS
TARGET PRICES,
COMPANY FORECAUST
VERSIONS
COMPANY FINANCIAL
INDICATORS
INDICES,
CURRENCY PAIRS
EQUITIES,
BONDS
CLIENT
MANAGEMENT
CRM
INTEGRATION
SUBSCRIPTION
MANAGEMENT
LOAD BALANCING/
FAILOVER
24X7 AVAILABILITY
AUTOMATIC
DISTRIBUTION
RDB
FEEDS
REUTERS
(PROJECTED)
MICEX
RTS
BLOOMBERG
PUBLICATION
WORKFLOW
LIGHT-WEIGHT
CUSTOM SOLUTION
SECURITY AND
USER ROLES
MS OFFICE 2007
INTEGRATED
DOCUMENT VERSION
CONTROL SUPPORT
COMPILANCE
INTEGRATION
DATA
ANALYSIS
EXCEL-INTEGRATED
DATA EXPORT
CUSTOMIZABLE
FORMULAS,
ALGORITMS AND
FORMATING
FIXED INCOME
REPORTS AND BOND
CALCULATION
EQUITY AND
COMPANY REPORTS
MAIL
SERVER
MS SQL
SERVER 2005
ANALYST / ADMIN
INTERNET EXPLORER
ANALYST / ADMIN
INTERNET EXPLORER
REPORT
FILES
FEED
FILES
WINDOWS 2003 SERVER
+IIS + .NET RUNTIME
DOCUMENT STORING COMPONENT
(Custom WebDAV PROTOCOL
IMPLEMENTATION FOR STORING
REPORT FILES IN DATABASE)
EMAILER
COMPONENT “WORKFLOW”
WINDOWS WORKFLOW
FOUNDATION ACTIVITIES
FEEDS
DOMAIN
MODEL
SERVICES
NHibernate DAL
ASP Web UI
EXCEL EXPORT
INTERNET

4. 03Luxoft - Case Study
Customer Feedback
Benefits
With Luxoft’s technical expertise and advanced business domain
knowledge, the bank realized the following benefits:
uu Improved the quality of the analysis and interpretation of market data,
facilitating better strategic and tactical decision-making
uu Reduced risks with improved governance of best-practice compliance
and improved data quality
uu Added benchmark capabilities with 10 years of market history
uu Increased productivity with automated distribution services
Detailed feedback is available on request.
Emailer Component
This component is dedicated to meeting the email distribution
requirements. It is designed to interact with multiple SMTP mail servers
for failover purposes and can be dynamically configured. It also includes
notifications for system health other types of alerts.
Document Storing Component
Documents in the system are stored in database. Access to documents
provided via custom implementation of WebDAV protocol.
Publication Workflow Component
The publication workflow component governs the distribution of the
research department’s analytical report documents to subscribers.
The workflow uses the Windows Workflow Foundation (WWF) technology
to schedule and execute publication activities and to manage the external
data exchange.
Market Data Import Component (Feeds)
This component is responsible for parsing, transforming and uploading
market data feeds into the database. The data feed import process is
optimized with centralized error handling, detailed logging, and load
balancing routines.

5. About luxoft
Luxoft, a principal subsidiary of IBS Group, is a provider of advanced
application and software engineering outsourcing services for global and
regional enterprises. Luxoft builds partnerships with its clients, such as
Boeing, IBM, Deutsche Bank, UBS, Harman, Avaya, Alstom, and Sabre, based
on the culture of engineering excellence, innovation, and deep domain
expertise. Luxoft offers international delivery capability through its network
of state-of-the-art delivery centers in North America, Eastern Europe, and
Asia. Luxoft`s customers benefit from the right mix of technology skills,
industry knowledge, proprietary processes and methodologies, and a
choice of engagement models.
For more information about Luxoft, visit
www.luxoft.com
www.luxoft.com/financial-services/
© 2012 Luxoft