What was the problem?
Rabobank’s “Front to Back to Risk Programme” aims to replace the bank’s entire Markets and Treasury value chain infrastructure, leveraging the Murex MX.3 platform whilst upgrading the banks’ risk management capability. The programme, which impacts around 1000 users globally, spans the integration of the value chain, decommissioning of 25+ systems, 5 asset classes and 12 countries. The simplification, integration and increased consistency achieved by the programme reduces both operating cost and the cost of (future) change.
Why did Rabobank ask for Varrlyn’s help?
With our specialization on various aspects of the MX platform, Varrlyn was able to help Rabobank out in many areas within its “Front to Back to Risk Programme”. We supported the Markets and Treasury businesses with their transition to the new platform, helped meet regulatory requirements (R4), achieve application integration and automated testing, and trained project and client staff.
How did Varrlyn work together with Rabobank?
The programme, which started 4 years ago and is still running, involves up to 10 of our experts and 120 Rabobank team members plus (offshore) integration partners. Together, we delivered many successful sub-deliveries (Minimum Viable Products) towards implementation of the new Murex platform, integration with Rabobank’s application and geographical landscapes, and meeting regulatory requirements, all according to the Scaled Agile Framework.
Account manager Philip van den Emster