CASE STUDY

Industry: Capital Markets
Client: Chase Manhattan Bank
Service Offering: Onsite Technical Support

Ginnie Mae decided to retire its Commitment Line System (CLS ) and purchase the New Pool Processing System (NPPS) and the Pool Reporting System (PRS) from Chase Bank. Chase is responsible for integrating CLS’s core functionality into NPPS and PRS to yield a comprehensive information system, The Integrated Pool Management System. The system will be used to track and manage Issuer activities and the Commitment Authority used as collateral to secure over $500 Billion in outstanding Mortgage Backed Securities.

IES provides onsite technical support at the Government National Mortgage Association (Ginnie Mae) on behalf of JP Morgan Chase (Chase) to facilitate the System Development Lifecycle of the Integrated Pool Management System (IPMS). IES has and continues support project management activities and conducts system analysis work throughout the Analysis, the Design, the Development, the Testing and the Implementation phases of IPMS project.

• Functional duties included completion of Business Requirements Analysis and Conceptual Design Specifications documents.
• Support development of Detailed Design specifications, via interviewing Ginnie Mae’s Securities and Program specialists, and third party software service providers to map As-Is and To-be models for the technical environment, online functionalities, back-end system processes, and Report layouts.
• Liaison between Ginnie Mae domain specialist and JP Morgan Chase’s software developers to aid in the implementation of detail specifications for the data conversion from CLS to IPMS, IPMS online functionalities, IPMS back-end system integration, and IPMS reporting requirements.
• Development Independent Validation and Verification (IV&V) strategy and plan.
• Development and execution of System Test Plans, Test Procedures, and Test Cases for core business functional and nonfunctional components of IPMS.