FIIG was using a legacy financial system to manage their internal operations and for financial trading and reconciliation. There were many problems with the solution - it was not scalable; they were not able to report expense lines at a department level; they could not limit access to specific reporting levels; and it was not integrated with other systems.
Before the solution was implemented, Avanade worked with the FIIG team conducting an in-depth planning and analysis process in order to surface scope and minimize risk. Avanade leveraged process accelerators and reference models from its RapidResults toolset to guide, hasten and control the implementation. Avanade also quickly deployed Dynamic Computing Services – its templated, cloud-based development, testing and build environment – to minimize infrastructure costs and apply leading implementation practices. This meant that the solution could be accessed remotely, deployed rapidly and migrated into the Production environment with minimal impact.
The Microsoft Dynamics AX solution implemented by Avanade provided a robust back-end system for FIIG to manage their internal financials (including payables, receivables and banking). It also supports the high-volume fixed income trading operations by providing a fully integrated, end-to-end enterprise platform.
The adoption rate among staff of the system was very quick as it was simple to learn and easy to use. The Microsoft Dynamics AX solution provided a single view to FIIG across its customers and higher visibility in operational transactions. FIIG was able to obtain richer, real-time integrated information that assisted in better decision making.