Lucsan Capital ('Lucsan'), a technology consulting services group specialising in financial markets, is pleased to announce Treasury Corporation of Victoria ('TCV') has gone live with the LMIG product for daily internal production reconciliations.
LMIG will facilitate key operation reconciliation controls across operations, risk and finance. This follows the successful application of LMIG to assist TCV with the implementation of a new back office trading platform.
Warren Murray, General Manager Information Technology at TCV, said, "LMIG proved to be highly effective for the control and execution of our data migration reconciliation requirements. The swiftness of setup together with Lucsan's financial service expertise meant that LMIG gave TCV immediate benefits and the success of the data migration meant that LMIG was the preferred solution for subsequent production reconciliation requirements."
Daniel Ferguson, Head of Business Development for Lucsan, noted, "We are very pleased to continue to work closely with TCV and that LMIG has been implemented successfully. This is one of several current initiatives where our clients are benefitting from extending the application of LMIG from project to production use. We look forward to assisting TCV on further initiatives in the future. "