Equity Research Sector Sites

Client Profile
Leading investment bank.

Project
Development for a leading investment bank to improve the part of their extranet showing equity research for companies under coverage.

Business Drivers

• Sites were not integrated into the client’s enterprise architecture.
• Site updates involved several manual steps, which were time-consuming, and as such:
  • Sites did not cover all available research.
  • Sites were not updated frequently.
  • Data was not guaranteed to match that published elsewhere on the extranet.
• Coverage did not extend beyond some European sectors.

Timescales
The project started in June 2007. The deadline for the first phase (replacement of core functionality) was achieved, with the new sites going live in November 2007. A second phase to extend the site functionality is in progress.

Team
The development team consisted of three Scott Logic consultants (one senior developer and two developers), and three client developers.

Technologies
Java, Hibernate, Sybase, JSP, JSTL, Flex charting

Work undertaken by Scott Logic

• Evaluation of current sector sites to identify key areas for improvement.
• Investigation into sourcing site data from enterprise data and document infrastructure.
• Design proposal for new site, and for its integration with existing infrastructure.
• Integration with enterprise sources of pricing and research.
• Integration with Reuters pricing and news feeds.
• Development of nuggets to display research and performance for companies and sectors.

Benefits

• Sector sites have been extended from Europe to include North America, Asia and Japan.
• Sector sites have been extended to include all sectors and companies under coverage.
• Data and documents are now sourced in real-time from enterprise systems, so are always current, and are now consistent with those published elsewhere.
• Sector sites are now automatically updated as new research is published; no additional effort is needed by the research analysts.
• Sector sites now conform to the client’s approved technologies and corporate style guidelines.