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pre-ipo financial system


Our client, one of the largest shipping companies in the world, required a customized accounting and financial system to replace its outdated mainframe version. The system had to be finished within 3 months.

We ported the mainframe system to a new Visual Basic / Oracle client server system. All mainframe functions and additional functions were designed to be written into the new Benefits system. Feeds from human resources were batched into the Benefits system. Several batch processes were created to handle the many transactions occurring that tracked the $300 million fund. Extensive and complete transaction results and errors were tracked in real time allowing users to analyze transactions as they occurred. Several different methods of database access were analyzed for optimum performance.

We wrote and implemented an Oracle script version control system to house all scripts for database development. The automated version control system executed the scripts and returned error codes and automatically saved all version changes of all scripts. Over 70 screens were created. Extensive and complex financial calculations were implemented. Interest was generated by the system. The system generated checks, statements, and many reports. Oracle was installed and then optimized during the design phase. All pertinent mainframe data was converted and housed in the Oracle database. Many business rules were implemented at the database level. Documentation was created outlining the entire system in detail. Several million rows of data were housed in this database that affected over 200,000 employees. The finished system met all original requirements going into production. The production system ran so well, we saved our client over 60% of their production maintenance budget.