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Credence Analytics Undertakes Complete Responsibility For Project And Program Management For The Implementation Of All Its Products

Credence Analytics undertakes complete responsibility for Project and Program Management for the implementation of all its products.

This is to ensure that the products are implemented in such a way that they can be aligned to existing processes and utilized to the maximum extent by our customers. Credence Analytics firmly believes that it can enhance the processes at customer sites by sharing industry best practices as a part of implementation.

Credence Analytics follows industry standard project management principles related to Software Product Implementation projects. This follows complete project life cycle of product workshop, gap identification, specification building, solution design documentation, configurations and internal testing, user training, user acceptance testing, data migration and finally Go Live.

The system architecture allows on site customization to address client specific requirements like reports and interfaces. The implementation team involves people with domain knowledge as well as skills in report design using the inbuilt report designer provided in the system. This ensures that customization can be carried out as fast as possible to achieve quickest go live.

Project Life Cycle

Study

Configure

Deploy

Launch

Functional Technical & Process Assessment

Parameterization

Data Migration

Simulation

Architecture Solution

Design Development

System Integration

Go Live

Interface & Accounting

Internal Testing

UAT

Stablization

STUDY
Functional Technical & Process Assessment
Architecture Solution
Interface & Accounting
CONFIGURE
Parameterization
Design Development
Internal Testing
DEPLOY
Data Migration
System Integration
UAT
LAUNCH
Simulation
Go Live
Stablization

Project Management

Throughout the life cycle of the project, standard project management methodologies are implemented through a central Project Management Office (PMO). The PMO process includes regular updates and review of the Daily Status Reports (DSR), Project Status Reporting (PSR). Any slippages resulting in time variance or cost variance are then highlighted via escalation of management action points to both Credence Analytics Management and Client Management.

Services under AMC

We have an excellent infrastructure and process to provide regular support for customer sites. The India Development Center has VPN facility to be able to connect to the test environment in client network and provide instant support. In case of international clients, the local partner also provides local help desk and support for clarifications and system maintenance activities.

Managed Resources

Many banks, asset management companies and fund houses require additional manpower to assist them in managing their back-office operations. Credence offers well trained and qualified personnel to assist clients in carrying out various post trade operations. Hiring of additional resources allows companies to improve efficiencies, increase in scale and focus on their core business areas.