facebook

From Downtime to Uptime: How Quinnox Ensured 100% BAU Continuity with Calypso Application Support for a UK Hedge Fund

Talk to Our Experts

Calypso application

Client overview

A major U.S. financial institution benefits from a team of Calypso specialists with a proven methodology to meet critical deadlines.

Impact Table

Key Metrics
Impact
Service Continuity 100% uninterrupted BAU operations
Issue Resolution Speed Faster turnaround time for critical issues
Incident Prevention Root Cause Analysis for long-term stability
Automated Reconciliation Reduced manual effort & improved accuracy
Customized Monitoring Tools Real-time insights for proactive support
Calypso Upgrade Management Smooth release of patches & upgrades
User Support Efficiency Faster response to business user requests


Business need

A leading Hedge Fund in UK was looking to partner with a Calypso expert to provide production support for:

    • Commodity Derivatives
    • Equity Derivatives
    • Credit Derivatives
    • Fixed Income
    • FX Derivatives

The client also required us to monitor jobs for uninterrupted BAU (Business As Usual).

Solution

Quinnox set up a team of experienced Calypso resources to provide L2 and L3 support. The support activities included the following:

    • L2 Support.
    • Service business user requests, like running on demand reports, on demand run of scheduled jobs, setting up of contracts, user management, workflow management.
    • Performing Data Reconciliation, manually OR writing custom code to automate reconciliation process.
    • Release of Calypso application upgrades and patches to production environments.
    • L3 Support.
    • Enhancements that need a code change.
    • Regression Testing.

As part of the support provided by Quinnox, we developed a customized JAVA based Monitoring tool and configured the reporting dashboards. We also managed the engine service desk and configured app management for effective job monitoring.

Benefits

  • 100% service continuity.
  • Faster turn-around time for issue resolution.
  • Root Cause Analysis of Incidents and Tickets to plan preventive actions.
  • Supporting business users during testing of changed functionality in UAT environments.

Related Insights

Blogs
AI

Why Enterprises Must Prioritize Strict Governance for Ethical and Responsible Use of AI 

Learn why strict AI governance is vital for enterprises to ensure ethical, transparent, and compliant AI use, managing risks.

Read more
Blogs
AI

The Essential Guide to Data Reconciliation: Best Practices & Use Cases for Success

Explore data reconciliation best practices, challenges, and real-world use cases that help enterprises ensure data accuracy, compliance, and business.

Read more
Blogs

Fault Injection in Chaos Engineering: How It Strengthens System Resilience

Quinnox ACT Framework makes Calypso migration predictable with automation, process discipline, and expertise for faster, defect-free upgrades.

Read more
Contact us