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Feed Consolidation Layer was originally established for Bank to conform to Basel II regulatory requirements and for the better capital management. Their challenge is implementation of the sophisticated rules, ability to calculate "Flash" RWA intra-month. Luxoft successfully took over the application existed and built up the comprehensive yet flexible solution to address all the business needs. Luxoft provided System in accordance with the schedule and on budget. Bank successfully aligned with Basel II requirements and benefited from using Basel II instead of Basel I calculated RWA, as well as received the great tool to actively manage unpredictability of RWA. Bank was provided with a highly flexible web-based strategic solution that substituted the tactically oriented ones. The solution can be easily enhanced to effectively provide new services.
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