Trade Technology Advisory
Unique Expertise to De-Risk Legacy Technology & Address Market Change
Companies rely on Lucido’s deep domain expertise to help them mitigate the risks associated with legacy trading technology as well as address market change and future business requirements.
Market Leading Team
Our team includes former client users and super users in addition to those from the vendor side who have build and supported Allegro, RightAngle, Findur, Endur, Calypso, and other leading trading platforms at utilities, global energy and commodity trading companies, hedge funds, banks, corporations, and central banks – providing critical knowledge for managing your legacy platform.
Problems We Solve
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Monolithic, legacy applications are expensive to implement, own and upgrade
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Migration and support of customizations to support the business is time consuming and costly
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Rapid market change outpaces legacy application updates
Trade Technology Advisory
We help clients get the most from their existing platforms. As a first step, this means leveraging core product functionality and eliminating customizations where possible.
Legacy vendors are limited in their ability to invest in new functionalities to keep pace with market change, resulting in operational risk for your business. To address this problem, we provide platform tools as products that work with your existing system, but independently from the system, providing new features without the need for replacement or upgrade.
As and when your system is ready for replacement, we work with you to identify the technology solution and road map that makes sense for your business.
De-Risking Legacy Technology
Lucido has an unrivalled track record of optimizing trading platforms for resiliency, performance and cost of ownership – reducing customizations and getting back to core functionality.
Platform Tools
We provide unique tools that add value to existing trading platforms – for example, to export data to other systems or improve automation. As a result, you can leverage your existing technology with tools that are non-platform specific.
Regulatory & Market Changes
We have a successful track record of delivery across a number of regulatory areas – both in capital markets (uncleared margin, LIBOR transition, etc.) and energy (EIA reporting, power markets settlement, etc).
Market Leading Team
Our team includes former client users and super users in addition to those from the vendor side who have built and supported Allegro, RightAngle, Findur, Endur, Calypso, and other leading trading platforms at utilities, global energy and commodity trading companies, hedge funds, banks, corporations, and central banks – providing critical knowledge for managing your legacy platform.
Additional Advisory Services
Project Rescues
All consulting services are not equal in quality, delivery, and attention to detail. We can take over projects from other providers that are not meeting your requirements.
Business Process Improvement
Lucido are experts in business processes tied to commodity trading – a number of our resources have done just this in prior industry-side roles.
Project & Change Management
Experienced project managers will partner with your project team to implement industry best practices to drive acceptance. We partner with your IT, business units, key stakeholders, and steering committee to assure alignment on project initiatives and adoption of change.
