Modis Financial Services & Insurance Case Studies

Modis

Modis delivers SAP consultants for critical financial consulting firm project.

A financial firm that advises and/or administers more than $40 billion in assets needed a new system to provide accurate financial data in a timelier basis. Modis assisted with the conversion of their financial legacy systems to the SAP module and the design of the Advanced Business Application Programming processes that would be used after the conversion.

We provided SAP consultants with the expertise needed to ensure a smooth and efficient transition, while at the same time affording the client financial savings compared to having in-house technicians handle this project. Using our screening and sourcing processes, we delivered candidates with the required SAP and ABAP backgrounds, even though candidates with the experience requested by the client were very limited at that time. Ultimately, the new SAP system provided the client with up-to-date and accurate financial data they desperately needed.

Modis’ customized service offerings continue to win client praises.

This leading global firm in investment banking, financial services, financial transaction processing, and more, has relied on Modis for IT staffing services and solutions for more than 10 years. Modis serves offices throughout the US, and provides resources for systems that support the investment banking industry. Modis is one of only four firms empowered to provide specialized services for some of the company’s key divisions. Because we have a long-standing relationship with this company, Modis has had the opportunity to customize delivery programs that are specific to their needs:

  • Provided consultant and permanent IT professionals for their Technology Center in Texas.
  • Provided Tandem/TAL consultants to assist with the development of an interface of a Tandem and IBM Mainframe System in two locations. Our consultants designed and programmed new subsystems, utilizing MQ Series that allowed the systems to communicate.
  • Was selected to be the supplier of choice to run the recruitment process in the UK, with the aid of the software application created by our sister company. Our services provided the client with significant cost savings for both hard costs and internal, soft savings due to the overall process.

Modis plans, executes PeopleSoft upgrade for mortgage funding client.

Chartered by the United States Congress, this institution is stockholder-owned and supports lenders’ efforts to help U.S. citizens secure mortgage funding. The client’s Texas office implemented a PeopleSoft-based centralized credit loss accounting system to track delinquent and foreclosure mortgage loans. They needed support for testing this mission-critical application.

Modis planned and executed the User Acceptance Testing (UAT), Stress Testing and compliance testing for the interfaces to the PeopleSoft Projects Module and for the integration between the PeopleSoft projects module and the PeopleSoft General Ledger. The resulting system provided the client with the ability to record and track mortgage information and accounting activity from multiple legacy systems. Due to our long-term relationship and reputation for sourcing excellent candidates, Modis was able to provide the client with the best-qualified candidates in the least amount of time. By doing so, we have become the client’s top provider of IT consultants.

Modis consultants drive investment firm’s desktop upgrade project. 

Based in California, this investment firm has offices in more than 24 countries, offering investment solutions under multiple names, managing investments for individual clients, companies, pension plans, trusts, partnerships and more.

The client’s Enterprise Desktop Program launched an extensive upgrade project, including updates to the company’s Windows operating system, Storage Management and an Exchange system. The client relied on Modis to provide the majority of the 40 IT consultants needed for the project. Our consultants had a variety of skill levels, including Program management, process analysis, network architecture, application engineering and more. The project was a success with a seamless upgrade for the client and its related platforms.