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.