For the worlds leading securities lending organization, assisted in the development of a new third party lending system. The scope of the system included:

• Share availability management;
• Sell processing;
• Settlement instruction management for loans, return, and reallocations,
• Automated instruction settlement and reconciliation;
• Outbound and inbound messaging via SWIFT and internal systems; and
• Collateral instruction management.

The Olmstead Team provided the following skills on the project:

• Project management support for requirements, enhancements, and change control items.
• Business requirements gathering, analysis, and documentation
• Domain expertise in custody operations and market practice standards.
• QA testing.
• User Acceptance testing.
• Implementation planning and rollout.
• End user training.
• Business requirements liaison with offshore technical development team.

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  "Bridging the gap" between business and technology