Our showpiece discipline.
Successful system integration projects played a key role in the development of Firstwaters. The introduction of systems such as Calypso, Murex, Ambit Quantum, LoanIQ and Ambit Focus for clients from the finance sector has made Firstwaters one of the leading consulting companies for system integration in German-speaking Europe. We have modernised and standardised the system landscapes for many clients to date.
Modern standard software solutions offer you the opportunity to efficiently implement your business processes in line with banking-level security standards. We are familiar with all of the challenges and possible solutions for integrating a system into the client’s IT landscape, configuring it as necessary and integrating it into the processes and workflows of the client. Our consultants act as your partner for optimising your business processes through the successful integration of IT solutions – while at the same time standardising your existing system landscape. Along the way, we distinguish ourselves with – in addition to our business and technical expertise – our strict independence from vendors.
successful system integrations
combined years of personal experience
- Evaluation and selection of suitable standard software solutions
- Installation and configuration of standard software solutions
- Integration of systems into existing IT system landscapes
- Management of integration projects – from initial project set-up through to final deployment in production
- Negotiation with and administration of vendors
Introduction of Calypso as Front-to-Back platform for diverse asset classes in the Capital Markets area.
Firstwaters ist the recognized leader in consulting for the implementation and further developement of Calypso in German-speaking regions. There is no other consultancy that can draw on a comparative project portfolio and thus on the achieved competence and experience.
Integration of Ambit Quantum as a Treasury system.
Firstwaters is managing the integration of Ambit Quantum as a Treasury system for a bank in the D/A/CH region. Firstwaters has assumed complete responsibility for the project on behalf of the client.
Introduction of Ambit Focus as a central ALM system for managing, measuring, limiting and reporting market price and liquidity risks.
Firstwaters is one of the leading consulting companies for the implementation and development of Ambit Focus. Having successfully concluded a wide range of system implementation projects, we can look back on many years of experience and are your reliable partner for all strategic, business and technical challenges when it comes to Ambit Focus.
Introduction of Calypso as Front-to-Back platform
Firstwaters has an one-of-a-kind track record of successful Calypso integrations.
In the last few years, a total of eight European banks and insurance companies have placed their trust in Firstwaters for the integration of Calypso as a solution platform for their Capital Markets business. In doing so, the implementation of workflows for front- and back-office processes and the execution of accounting and risk functions are a part of our day-to-day operations. Our current consulting team boasts more than 150 years of project experience in the integration and development of Calypso in the field of Capital Markets. This means that we are able to implement your functional and non-functional requirements in Calypso and, together with you, develop a front-to-back solution for your Capital Markets operations that stands out through its high degree of standardisation, absolute transaction security and an impressive STP rate. We demonstrate this every day through our strategic partnerships with Calypso clients.
At the moment, we are consulting four clients on ongoing Calypso projects, including a German state bank in the migration of its FX/MM and FXO business front-to-back to Calypso. In parallel, we are supporting a major German bank in its release upgrade to Calypso v16, for which we can rely on our experience from v16 projects already successfully concluded.
Integration of Ambit Quantum as a Treasury system
As a leader in the field of integrating Treasury systems in the front and back office, Firstwaters deals with not only established solutions on the market, but also takes on new challenges alongside their clients and vendors. For example, Firstwaters is managing the integration of Ambit Quantum as a Treasury system for a bank in Austria. The requirements of implementing Ambit Quantum and restructuring the system architecture are diverse. Improvements in terms of both functionality and process, as well as the fundamental simplification of the system landscape, are the primary objectives during the integration of Ambit Quantum as a standard software for a future-oriented Treasury system with reduced operating and maintenance costs.
To be able to implement this integration project, it is necessary to execute a comprehensive analysis of all processes, from trade and evaluation to risk, accounting and processing, including the upstream and downstream systems and processes. Working together with client and vendor, Firstwaters supports the optimal implementation of the software in the existing system landscape. Thanks to our many years of experience with well-known front-to-back systems and processes, we assist clients from the definition of their requirements, process design and specification and system parameterisation through to user acceptance tests and the launch of Ambit Quantum.
Integration of Ambit Focus as a central ALM system
Our current Ambit Focus consulting team consists of 15 consultants who, together, have more than 6,000 days of system-related project experience. Our range of expertise includes the Ambit Focus modules for ALM, market risk, FTP and hedge. Our core competences include the comprehensive support of our clients in the execution of implementation projects. Together with you, we design the functional and technical target architecture of your Ambit Focus installation along with the accompanying data management and the necessary interfaces. We support you in implementing the IT requirements as well as the necessary system parameterisation, and we are by your side all the way to the roll-out of the overall architecture. At the moment, our team is handling the integration of Ambit Focus in the risk and finance controlling division of an Austrian Raiffeisen state bank. At the same time, we are also consulting a German state bank on a release upgrade to the latest Ambit Focus Version 20.1.