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Opics Services
FDP has proven expertise in the migration and implementation of Opics with particular
expertise in finance and accounting issues over a wide range of instruments.
The company has delivered projects requiring some or all of:
- Requirements Gathering
- Business Analysis
- Integration
- System Roll-out
- Technical Support
- Database Administration
- Project Management
Migration
Our projects have covered:
- Analysis, Specification and Design of a range of interfaces
- Creation and maintenance of new BSYS batches to fully test new Branch runs and interface relationships
- Configuration and rollout of OPICS branches including test environments
- Managing user feedback from testing
Our projects have also involved many instruments including:
- FX – Spot and Forward
- FX Window Options
- FX Swaps
- Loans and Deposits
- Bonds and Gilts
- Caps, Floors and Collars
- Swaptions – European and Bermudan
- Interest Rate Swaps – Vanilla, Amortising and Accreting
Finance/Accounting Expertise
The team has particular expertise in a range of Accounting standards and
Accounting treatment of a range of instruments.
- Requirements gathering from Treasury, Front Office, Finance & Management Reporting functions
- Analysis - compilation & distillation of relevant requirements for Financial, Bank Regulatory and Management Accounting
- Compilation and presentation covering the existing Opics financial reporting systems in relation to implementation for new Bank Branches.
- Preparation and delivery of workshops to key Business Groups through to Department Heads
- Expert Accounting reference with Business Users and Project Team in relation to appropriate accounting treatment in line with UK GAAP & IAS requirements
- Liaising with Business departments to modify / refine existing operational procedures & processes in preparation for new systems implementation
- Scoping , composition and delivery to Branches of detailed Finance Design documentation for ‘new world solution’
Support/Database Administration
- Technical Support and Database admin of the OPICS environment
- Training of end users
- Interface management to/from various systems
- Liaise with other I.T. functions regarding support issues requiring bug fixes
For more information please contact Brian Fitzpatrick, Business Development (bfitzpatrick@firstderivatives.com).
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Selected RNS Announcements
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15th September 2008, London Stock Exchange (RNS) - Acquisition
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28th August 2008, London Stock Exchange (RNS) - Annual Report & Accounts
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