Customers – Case Studies :::
:::A Sample of Application Development Projects
Underwriting Application and Architecture:
Senior management at AIG understood the explosive potential of the
Internet. They were aggressively engaged in an on-line transformation
of their business strategy and implementation. e-Writer was the first
and flagship online underwriting application built by SVT in collaboration
with AIG. The technology architecture and process that e-Writer is
built on were adopted by many of AIG’s business and technology
units, and duplicated by several competitors.
Based Surety Bond Underwriting Engine:
The Surety Bond market is one of the largest and most liquid in the
world. AIG is a major player in this market, underwriting surety of
dams, bridges and almost every kind of major infrastructure project
around the globe. SVT project team built a state of the art Internet
application that allows AIG underwriters and brokers to quote and
bind new surety business from anywhere in the world.
Courier Logistics System:
Velocity Express (Nasdaq:VEXP) is the largest nationwide network of
customized, time critical delivery solutions and the leading provider
of scheduled, distribution and expedited point to point delivery services
to multi-location blue chip. SVT is building a state-of-the art comprehensive
system to replace the old system, for approximately $ 3 million that
will be of similar caliber as the FedEx or UPS proprietary systems.
Asset Management System:
At Salomon Smith Barney unit of Citigroup, SVT has replaced Deloitte
and Touche to build a web-based global asset management reporting
system for use of retail customers as well as internal and external
fund mangers. The proprietary architecture is applicable to several
areas of Salomon Smith Barney, including Citigroup U.K.
Managed Services Projects
At JPMorgan, SVT has a built a distinguished
reputation as a company that consistently delivers high quality engineering
disciplines and supports very high performance web-based infrastructure.
SVT consultants and project managers manage the Foreign Exchange,
Emerging Markets, Fixed income and Commodities trading desks in New
York and the Intranet Servers.
Maintenance & Application Support:
At Merrill Lynch and Deutsche Bank, SVT consultants and project managers
manage the heterogeneous network of Intranet servers and applications
for one of the largest foreign exchange trading operations in the
world. We are actively engaged in making sure that the highly complex
applications used for worldwide trading operate smoothly every workday,
without fail, and 24x7 technical support is available.
Velocity Express has outsourced all of their IT services to SVT. Although
Velocity IT department budget and spending were increasing much faster
than inflation, SVT took over approximately 40 IT employees and offered
not only to reduce the spending by 8% within 120 days, but also to
hold it flat for the next 3 years. SVT is held accountable by the
service level agreement (SLA’s) delivering the same or improved
level of IT service to the organization due to improved technology
and overall efficiency.