Specification of PIC for anoother securities trader


F4S completed analysis of Processing Investment & Custody (PIC) system for another institution providing investment services and ancillary services relating to securities and other financial instruments. Specific operating model was described and data schema together with basic functionality designed within the initial phase of a new version of the system, i.e. PIC2.0. The specification as approved will serve as input to follow-up the development phase of the project for this securities trader.