Financial Services :

"When you work with Raconsys, you profit from our focused knowledge and skills. We work closely with financial services companies, helping them to create the best possible experience for their customers. Our clients include banks, full-service and discount brokerage houses, insurance firms, mutual fund companies, and other financial firms. We provide you with everything you need to make the technology profitable for your company. "

Raconsys serve financial services companies by offering quality software development, maintenance and testing services at competitive prices.

We follow an on-site /off-site delivery model that allows you to take advantage of the lower costs of our offshore website development center capability without sacrificing the advantages of working with a local firm.

Some of our key services include:

Consulting Services:

Our e-strategy services develop strategies with businesses seeking to transform existing systems to e-business models as well as with new e-businesses seeking to articulate their vision and formulate their e-business strategies. Raconsys provides IT strategy and architecture consulting services to commercial banks, asset management firms, insurance firms, brokerage firms, investment banks and hedge funds. Implementation and Product Development Services Raconsys provides project services for clients implementing an eBrokerage solution in-house and for clients implementing an outsourced solution. Project services include project management, training, system implementation; custom interfaces, data conversion, integrated testing, custom software, localization, and version upgrade services. Project services are delivered by trained, financial service industry professionals.

Maintenance and Support Services:

The services organization is responsible for help desk, research, systems operations and application quality assurance. A response team made up of research, quality assurance and programming personnel is assigned when maintenance issues are identified. This team works together to ensure that the customer issue is understood and dispatched accordingly. All issues are tracked and measured, and daily and weekly reports are generated for management review and action. Each client is assigned an account manager. Account managers may be located around the globe and will work in conjunction with the services organization in New Jersey. The account management people are responsible for issue resolution.

Global Data Service:

As part of its consulting practice, Raconsys provides extensive advice on market data services including real-time, delayed and historical securities data, futures, mutual funds, options, corporate financials, interest rates, bond data, earnings calls and global business news. This is critical for any financial services company employing an online strategy. Separately our data definition practice specializes in data audit and building and cleansing of data to provide consistency across databases.

Outsourcing:

Raconsys offers a dedicated development center model to our clients in which a software development team that is dedicated to a single client uses technology, tools, processes and methodologies unique to that client. Each dedicated development center is located at an A-1 Technology facility in India and is staffed and managed by the Company.