Case Study - Specialist Finance System Development Project
"Compared to our previous supplier, cibsys delivered faster, with less issues and at a very good price."
Head of Valuations and Models
© cibsys 2009
corporate, investment and banking systems
Working with a UK based specialist advisor to the international aviation finance industry, cibsys has delivered an internet based valuation system used by customers to value aircraft leases and prices. The system models the complexities of the underlying aircraft assets and uses a depreciation model to report the projected values. The new system improves both the speed and efficiency of service to customers.
cibsys completed the system development to an aggressive delivery schedule, and was able to offer a saving of over 40% compared to the local UK price quotes.
The firm was impressed by the speed with which the cibsys development team understood their business and the complex financial models underlying the valuation. On previous projects they had found that other firms were unable to provide developers with the knowledge and acumen in the financial markets leading to delays and poor quality. The cibsys offsite near-shore development model included regular progress updates and code releases, allowing early customer feedback and testing, whilst maintaining an optimum overall price.