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Along with the parameters set by State Street, CSC also had to incorporate the needs of CitiStreet, a premier global benefits provider, and one of the nation's largest retirement plan record keepers. Download CSC's latest Osmosis Newsletter (PDF, 183 KB). Although CitiStreet is a partnership between subsidiaries of State Street and Citigroup, "State Street and CitiStreet are two separate stakeholders, each using its own process flow," explains Jim Rosenberg, CSC's account manager. Osmosis is CSC's newsletter for analysts and advisors around the globe. "So CSC needed to balance the needs of both groups. It brings you a CSC spotlight, recent developments, success stories, recent business wins and much more. " Following a year of product development and design onshore at State Street's Quincy, Mass., offices, the Plus Web application was then sent offshore to India for development and testing by a 25-member CSC team. "We recognized early on that as much as we'd like to think that the design and architecture were solid," says Racenis of the year-long testing process, "there would be a lot of change when we rolled the solution out to the product development group." Thus, one of the keys to delivering Plus Web was an efficient change management process that properly controlled adjustments without impeding the needs of the business operation. For CSC, Plus Web was a significant project, as it showcased the company's global capabilities. Rosenberg notes that "CSC was able to establish a development team and a development environment in India to utilize its common methodology and be productive in a short amount of time. Our ability to work both at the client site and in India allowed us to meet aggressive client delivery schedules and deliver a quality product for a fixed price.". In our endeavor to keep you updated with the recent developments at CSC, this edition of Osmosis (PDF, 183, KB) features a closer look at ClimatEdge - Climate risk analytics solution..

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