Dolphin reshapes back-office dynamics for a top-tier US investment & asset management firm

Client Requirement

After obtaining the broker license, the client was looking for a new generation and scalable back-office system that could seamlessly handle the clearing and settlement process.

The Solution

Following a detailed requirement analysis and assessment, KGiSL successfully implemented its flagship product, the Dolphin back-office system, in the client’s environment in 2018 to handle the entire clearing and settlement process. In 2020, an extended version of Dolphin BRS was developed and delivered and post-implementation of Dolphin BRS, the entire back-office operations were awarded to KGiSL.

The client also handed over the complete infrastructure management and KYC operations for India and Hong Kong, where a dedicated team was positioned to handle the operations.

What Dolphin delivered?

  • Dolphin Back-office suite to comprehensively handle the clearing and settlement process.
  • Significant support in identifying and implementing a front office system.
  • Deployed Dolphin BRS (Bank Reconciliation system)
  • Handling the entire back-office operations
  • Managing infrastructure management and KYC operations for India and Hong Kong

Tech Stack

Front-end C#.Net

Database Oracle

Key Milestones

maintenance

A new interface file generation from Dolphin to TPS was developed to send contract details.

framework

Incorporated digital signature in reports like contract print in Dolphin back-office suite.

automation

DRG was configured in Dolphin to extract reports of SOS AML

monitoring

In the EOD processes, an alert mechanism was enabled for PTA reporting & non completion of T2T obligation.

risk

NOTIS API Integration was done in Dolphin to receive exchange trade in real time

expand

TPS interface performance benchmark was organized for 1 million trades with 2000 allocation.

folder-move

Compliance surveillance report was configured. (Initially, the report was captured at the main account level which was then equipped to capture data at sub account level)

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