Technology Change | Deployment | Development | Optimisation
Legerity Deployment Services
Legerity FastPost is based on a cutting-edge technical design. It leverages the use of powerful, in-memory data grid processing plus the latest advancements in data storage technology to allow the real-time processing and reporting of complex, high volume accounting transactions.
Legerity FastPost’s accounting rules engine enables users to adapt to new accounting standards and regulation quickly. FastPost will increase control, improve efficiency, reduce cost, maximise consistency and minimise the risk of human error. With an intuitive spreadsheet-based GUI, rules are fast to define, test and approve. Full end-to-end data lineage and audit trail help ensure data quality across the accounting process.
The FastPost Ledger delivers granular, transaction-based accounting on a daily, intra-day and real-time basis. A key component of a modern financial systems architecture, the FastPost Ledger provides best-in-class sub-ledger and accounting hub design for multi-GAAP, multi-entity, multi-currency and multi-time zone processing. With a highly-flexible segment definition and summary and detailed balances, users can now unlock important business value with fast, on-demand reporting.
Legerity’s comprehensive library of models and taxonomies streamline the integration of data from disparate existing systems into a single, true data-set – standardised for consistent reporting. The data model handles all type of Business, Finance and Risk Events. Out-of-the-box capabilities include support for the most complex Trades, Contracts, Products, Tariffs, Parties, Customers and Organisation structures with supporting metadata and hierarchies – all extensible and with retention and archiving fully built in.
Legerity’s 3rd generation accounting rules platform builds on domain expertise and technical mastery developed in the preceding two waves. The solution combines data and application architectures: building on the principles of high performance, in-memory computing; open source software; and Big Data processing – Legerity is proven at scale, volumes and geographical spread. The FastPost platform is the trusted technology solution for complex finance system challenges.
Millennium Consulting assembles project teams and SMEs including Programme Directors, Solutions Architects, Programme Managers, Project Managers, Team Leads, Business Analysts, Functional Consultants and Technical Consultants to deploy, re-engineer and develop Legerity Software. Our experienced team work with banks, insurance firms and telecommunication companies across Europe, North America and Asia.
We provide technical advice and deliver end to end solutions to successfully transform our clients leading to more efficient working practices and sustainable profitable growth. We are a collaborative, professional organisation committed to supporting the long-term success of our clients.
Technical change involves people and Millennium Consulting has carefully selected teams available to provide advice and technology delivery services. Ultimately it is the calibre of the people involved that make the difference and working collaboratively with an experienced, delivery-focused, consulting partner will help an organisation achieve it’s goals.
To find out how we can assist you with your Legerity program, call +44(0) 845 604 4262 or send a message.