“As part of a multiyear IT transformation effort that replaced all bank post trade systems with Murex, a key objective was to adopt standardisation and best practice process. To facilitate this in our trade confirmation space, we made successful use of Monogram to bring this confirmation structuring insight and to ultimately accelerate our programme delivery.”

Big four South African bank

Capital Markets COO

Delta Capita leveraged Monogram’s offshoring capability to support Transaction Management, Operations and Regulatory support to its Capital Markets business. The offshoring arrangement with Monogram provided Delta Capita with highly capable and skilled resources delivering consistently high-quality work at reduced Total Cost of Ownership and helped remove complexity and streamline operations. We were also impressed with the teams’ general positive attitude, enthusiasm, knowledge and ability to learn new processes.

Delta Capita

COO of Structured Products

Monogram Consulting was brought in to enable additional functionality on existing client front-end systems to create a seamless client experience across South Africa and the subsidiaries thereby streamlining back-end payment processing to ensure back-office users are efficiently employed and reducing risks associated with manual processing. Notably, they were integral in delivering a multi-jurisdictional FX Channel project to enhance the FX rails with STP functionality to enable alternative payment types. Monogram joined the project during a very critical time and were quickly able to understand the problem statement, distil the information, establish priorities and roadmaps to and ultimately to successfully deliver the project to several subsidiaries.

Monogram, as part of a broader IT transformation, have been instrumental in delivering a multi-jurisdictional Fixed Income and Derivative product development and rollout programme to all African regions to enable trading initiatives for Global Markets and Treasury business across different General Ledgers. Earl and his team were able to improve on the requirements gathering, structure of the delivery & establish suitable controls to improve vendor delivery which ultimately improved the quality of the delivery and accelerated the programme.

The global shift away from IBOR to ARR rates (Alternative references rates) such as SONIA, ESTR and SONIA brought about the need to release immensely technical system changes under very tight regulatory deadlines. Monogram made a substantial impact in the success of our delivery across our African regions, both in terms of providing technical product expertise, and also collaborating with our staff across the region to successfully deliver system capabilities required in each location. I wish to thank the team for their efforts, teamwork, and seamlessly integrating into our program, and would highly recommend Monogram as a partner in delivering complex system capabilities, such as these presented in the IBOR transitioning program.