Crédit Agricole Corporate and Investment Bank (CACIB)
Crédit Agricole Corporate and Investment Bank relied on its international back-office application for FX/MM and Fixed Income products on the Calypso as International Bank Office System (CIBOS). But the bank needed to upgrade from V13 to the new V16.1 version or risk system obsolescence. In parallel to this upgrade, Synechron was also engaged to conduct a parallel upgrade of the bank’s database with the choice of Oracle ExaCC.
This CIBOS upgrade was part of a larger major project with CACIB with the dual goals of improving the global FX Chain and to assure the system application upgrade would be able to integrate additional volumes.
For this 18-month CIBOS upgrade project Synechron:
“ The Calypso V13 to V16.1 upgrade for our CIBOS instance was a great success. The business analysts’ expertise and the rigorous management of the project made it possible to deliver on time, on budget and on quality. With Synechron’s support we can confidently go ahead with our next Calypso upgrades. Thank you to the whole Synechron team for their strong commitment to the success of this project. ”
CACIB - Global Head of Capital Market IT
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How we've helped
A combination of consulting capabilities and partnering with technology to build an innovative capable digital solution.
Omni-channel API Strategy using Microservices
Creation of a digital onboarding experience to open a new account
Developing an end-to-end Cloud infrastructure
Data-driven ability to manage risk, inventory, and profitability
Migration of a legacy Business Management System Software