SkySparc

SkySparc is an independent solutions provider trusted by central banks and government institutions – as well as banks, asset managers and Fortune Global 500 corporate treasuries – which offers complementary software, outsourced support and a wide range of financial and technical consulting services.

The quality of SkySparc’s services to public sector clients was recently recognized when it was named Technology Consultant of the Year in Central Banking’s FinTech & RegTech Global Awards 2019. The award submission highlighted the cybersecurity and process efficiency benefits of using SkySparc’s Patch Upgrade as-a-Service (PUaaS) model in response to requirements for more frequent patch upgrade cycles.

The PUaaS model builds on SkySparc’s tried and tested upgrade methodology, extensive test case library and the test automation capabilities of its OmniFi application to deliver quality-assured, independently tested patch upgrade projects in a short time span and with minimal impact on internal resources, either IT staff or business users. As one of the first clients to adopt PUaaS, the Dutch State Treasury Agency (DSTA) achieved time savings of around a third from implementing a rolling upgrade process. A number of central banks have since signed up for the service, including De Nederlandsche Bank (DNB).

SkySparc has worked as a trusted partner with central banks and government institutions on multiple complex projects for more than 15 years, using our deep system knowledge, extensive dedicated resources and domain expertise to help clients large and small to achieve greater automation, transparency and flexibility. Our commitment to meeting the evolving requirements of central banks and government institutions is reflected in the scale and reach of our services, the experience and expertise of our staff, and our continuous investment in proprietary methodologies and technologies.

SkySparc’s roster of long-term central banking clients include the European Central Bank, where we support the bank’s use of its treasury management system (TMS) via project management, testing, functional and technical consultancy services. Other recent projects include: supporting Deutsche Bundesbank’s TMS upgrade; the Central Bank of Poland’s use of SkySparc OmniFi to improve data quality and management reporting; the European Investment Bank’s deployment of OmniFi for automated test case generation; and the Bank of France’s recent system migration and archiving project.

SkySparc’s work with government institutions also include a long-term partnership with the DSTA (covering both multi-year outsourced support and specific projects, such as provision of quality assurance services) and the development of a data warehouse to enhance DNB’s reporting and analysis capabilities.

To help central banks and government institutions configure, test and optimize their systems environment, SkySparc deploys robust, scalable and proven techniques across its three core services: consulting, OmniFi and outsourced support.

SkySparc’s Outsourced Support service enables customers to focus on their core business and provides clients with a flexible, responsive and costeffective service based on the ITIL v3 framework for service delivery, covering both day-to-day support needs and longer-term, strategic projects. Users benefit from proactive surveillance of client applications as well as personal and highly responsive technical and functional application life cycle support.