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Sluggish, unresponsive legacy systems that come with costly upgrades, coupled with a myriad of stand-alone platforms within the ecosystem and manual workflow & processes meant regular information lapses, data inaccuracy & inconsistency, and potential business risk due to a lack of system-based controls & oversights.
As the market leader, SD needed a cutting-edge system to keep up with the rising market demands and maintain market leadership
A thorough audit on existing workflows and performance benchmarks enabled OpenMinds™ to have a deep appreciation of the dynamic nature of the industry.
As such, we custom-built a world-class trading management system that is agile, modular, and sustainable, allowing for easy integration with existing systems, additional modules development, and future upgrades.
For data accuracy, we leveraged mobile and IoT to gather data closest to the source or at key process choke points. Extensive research was also done to ensure extremely user-friendly and intuitive front-end interface to aid frontline employees in their operations.
Achieved 100% system uptime since go-live, and hugely improved user experience especially during peak periods.
The system also capitalised on IoT, big data, AI, and a centralised database to extract and share information cross-system, and enable data management & visualisation. Implementation of system-based controls & business logic became much easier and highly automated.
Data models built into the system also enhanced fraud detection and risk assessment capabilities, while reducing and eliminating theft risk.
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