Our projects

At Omkaar Systems Limited (OSL), we deliver cutting-edge FinTech, government, and publishing solutions tailored to our clients' needs. Here’s a glimpse of our key projects.

Brevan Howard Plc – OMS & PKS Enhancement

Challenge: Brevan Howard needed to upgrade their Order Management and Position Keeping Systems to handle new trading platforms and improve data processing.

Our Solution: OSL integrated new electronic trading platforms, creating services for lifecycle event ingestion and trade feed management.

Technologies Used: Scala, FIX, Java, Python, Kafka

Outcome:

  • Enhanced trade execution efficiency.

  • Improved real-time position tracking.

Coremont Plc – High-Frequency Trading Pipeline

Challenge: Coremont required a pre- and post-trade system capable of handling millions of daily trades with real-time processing.

Our Solution: OSL developed a bespoke FastTradeFeed system and a custom security master service, ensuring high-speed trade management.

Technologies Used: Scala, FIX, Kafka, Java

Outcome:

  • Seamless real-time trade processing.

  • Significant improvement in trade handling capacity.

Bank of America Merrill Lynch – Big Data Initiative

Challenge: BoAML needed to centralize reference data while ensuring compliance with MiFID II and SFTR regulations.

Our Solution: OSL contributed to the Helix project, building a robust data lake and implementing automated data feeds.

Technologies Used: Scala, Spark, Hive, FIX, Hadoop

Outcome:

  • Centralized data management for better compliance.

  • Enhanced efficiency in regulatory reporting.

Mizuho – Market Risk System (FRTB Project)

Challenge: Mizuho needed a system to improve their market risk management and comply with FRTB regulations.

Our Solution: OSL developed a near real-time VaR calculation engine using Spark, improving scenario processing and P&L generation.

Technologies Used: Scala, Spark, Hadoop, Kafka

Outcome:

  • Faster, more accurate risk assessments.

  • Significant improvement in regulatory compliance.

HMRC – Tax Payment System Overhaul

Challenge: HMRC needed to replace legacy systems to improve the tax payment process and ensure regulatory compliance.

Our Solution: OSL developed a new Your Tax Account (YTA) system using microservices architecture to modernize HMRC’s tax systems.

Technologies Used: Scala, Mongo, Python, Microservices

Outcome:

  • Improved user experience for millions of taxpayers.

  • Enhanced system security and scalability.

Publishing Solutions – Global Digital Transformation

Challenge: A leading global publisher needed a scalable platform to handle vast content volumes while enhancing user engagement.

Our Solution: OSL created a digital publishing platform integrating advanced search and content management systems.

Technologies Used: Java, Scala, Mongo

Outcome

  • Improved content distribution across multiple platforms.

  • Increased user engagement through personalized recommendations.

magazines displayed on a rack
magazines displayed on a rack