Introduction- Who am I

 A Brief Introduction

My name is Claire O'Brien and I am currently a student at SETU Waterford Campus. I am in my final year of study for a level 8 Bachelor of Business Honours Degree in which I have chosen to specialise in Economics and Finance. As part of the Digital Economy module, I am required to produce a weekly blog detailing the content that is covered in the module throughout the week and what I have learned, as well as any further knowledge that I gain around the topic through further learning outside of lectures.

The Use of Information Systems During Work Placement

Three weeks ago I completed an eight month work placement opportunity in my chosen field as part of my degree. For the past eight months I have had the incredible opportunity of working in CSC Global Financial Markets on their fund accounting team. Technology and information systems play a huge part in the day-to-day running of the business here. CSC offer a hybrid work opportunity meaning that they rely heavily of Microsoft Teams to keep communication between all team members. Microsoft Outlook is also used by all members of the company throughout the world, keeping a constant line of communication between all teams at CSC.

Information systems are also used by CSC to meet daily/weekly/monthly/yearly deliverables in the most efficient manner. CSC use the accounting system Paxus to upload information such as third party prices for securities, fx rates, dividends, expenses accrued, GL entries, corporate actions etc. This accounting system then uses all of the information gathered in order to produce a NAV figure for the fund. Paxus is also used to run many reports that are needed by clients as well as stored for future audits. Many other forms of information systems are used by CSC such as Box and KYCP, all aiding them in producing the most efficient and effective service possible to their clients.

I really enjoyed my time at CSC and if you would like to find out more about the company you can access their website through the link below:

https://www.cscgfm.com/