Alliances and Partnerships

HCL’s partnerships are focused on best-of-breed industry products with a focus on existing white spaces in the Financial services Landscape. Product Partnership is a key element in HCL’s product portfolio and complements HCL’s product acquisition and product development initiatives.

GemStone Systems, Inc.

HCL's Products Engineering division in the BFSI space has partnered with GemStone Systems during June 2008. HCL Technologies will leverage GemStone's GemFire® solution to meet ultra low-latency requirements of financial firms. The combined solution will offer a high performance, in-memory distributed operational data infrastructure that supports low latency, high scalability and resiliency along with high throughput data sharing.

Strategic Functional Systems (SFS)

SFS is a software development, consulting and information technology services company that is specialized in providing solutions primarily for the insurance industry. The Company focuses on developing and delivering strategic software solutions which maximizes the competitiveness, efficiency and profitability of its customers. The products and business solutions of SFS are preferred by leading multinational companies such as AIG, Aviva, Marsh, AON and HSBC. SFS offers rule-based, fully web-based and mobile insurance management systems which accelerate time-to-market and time-to-service cycles of clients. Combining service domain and global delivery expertise of HCL with the innovative insurance management systems of SFS, SFS and HCL together develop and deliver the most comprehensive insurance industry solutions available.

Chordiant Software Inc.

Chordiant solutions and services help major enterprises around the world deliver the best possible customer experience. Unlike traditional business applications, Chordiant Customer Experience (CxTM) solutions blend insight with agile business processes and real-time decisioning to uniquely understand the customer's behavior.

The partnership will leverage the strengths of both organizations in the financial services space and will provide Consulting and System Integration services to global customers. The partnership focuses on:

• Augmenting the reach of Chordiant solutions among HCL customers globally
• Development of deeper vertical solutions in Financial Services, enabling both organizations to grow their service offerings and take on competition more fiercely
• Building a robust professional services practice around Chordiant products responsible for product delivery, implementation and support

In-Solutions Global

HCL's partnership with In-Solutions Global, a leading payment solutions provider and a major player in the cards industry, provides the following solutions to the cards industry.

• Credit Card Management system
• Debit Card Management system
• Acquiring Management system
• MIS tools
• Value-added services (viz. CRM, Loyalty Management, Payment Gateway solutions)

Prima Solutions

The insurance industry is in the forefront in SOA adoption primarily because the industry is heavily dependent on its legacy assets for transaction processing. Many insurers intend to transform their IT landscape by leveraging their existing assets using SOA. Prima Solutions provides a standards-based software framework to accelerate the development of new insurance applications and support incremental transformation of existing Insurance IT systems into Service Oriented Applications.

Prima software framework includes:

Prima IBCS:

• Insurance dedicated business model
• Template-based code generation tooling
• UML Tooling
• Foundation for ACORD Information Model

Prima Repository:

• All-in-one SOA Framework (BPM, Service framework, ILOG JRules)
• Repository (any asset organized around business context)
• Versioning, simulators, validation mechanism

Wall Street Systems

HCL is an implementation partner of Wall Street Systems, a leading provider of treasury and asset management software for corporations and financial institutions for WSS Suite which provides financial institutions and corporate treasuries with a strategic enterprise application platform that combines depth of functionality with seamless integration by enabling all cash management, trading, funding and investment activities to be automated, audited, consolidated, and accounted for, instantaneously and globally.

SAGE

HCL and SAGE, a Switzerland-based software development company for the financial services industry, have a strategic alliance to develop Prospero, which is a private wealth management application. Prospero is a front office to back office wealth management tool targeting the mass affluent and high net worth markets. The solution provides scalable and modular wealth management tools that can be implemented in a short timeframe. The Prospero tool is divided into modules, which include support for asset and fund management, trading, treasury, foreign exchange, money market products, credit risk monitoring, CRM, and risk analytics.

Under the alliance, HCL and SAGE will work together to develop, distribute and implement Prospero, SAGE's flagship product, using HCL's expertise and services. The alliance will include product engineering initiatives, testing and software implementation and provision of dedicated support.

Misys plc

HCL is an implementation partner for the delivery of two leading products from Misys, namely Summit and Opics Plus.

Misys Summit is a proven, technologically advanced, multi-asset class solution for treasury and capital market participants. Sophisticated trader tools and risk management combine with rules-based workflow and real-time trade processing to deliver the right information to the right people, at the right time. With 14 years of market experience and unrivaled software development expertise, Misys Summit is a recognized market leader.

Misys Opics Plus is the new service-oriented, smart-client release of Misys Opics, which is a comprehensive treasury and capital markets solution for front-to-back office, cross-asset processing of a wide range of financial instruments. In a single system, Misys Opics handles vanilla and complex derivatives, fixed income, and equity and treasury trades.

Clear2Pay

HCL is an implementation partner of Clear2Pay.Clear2Pay is an innovative payments technology company focused on delivering globally applicable solutions for secure, timely and streamlined payments processing. Clear2Pay’s Open Payment Framework (OPF) enables financial institutions to improve internal payments processing efficiencies whilst at the same time providing their clients with better payment services that are faster, with richer payments-related information.

ebaoTech

ebaoTech is one of the leading core insurance software providers in the world. All of ebaoTech’s software products, such as ebaoTech GeneralSystem and eBaoTech LifeSystem, are developed fully based on web technology and designed according to best practice management thinking such as paperless straight through processing and workflow flexibility, supporting all products and channels in one customer centric system. In addition, the products are highly parameterized and rule based. ebaoTech also provides highly specialized services such as legacy system data migration, product consolidation, software customization and integration, all with the aim of making insurers more efficient in their operations.

HCL’s partnership with ebaoTech offers the following solutions:

• Distribution Rights (License sale) of ebaoTech products globally
• Joint Research Activities
• End-to-end Solution Implementation
• Customization, Localization, Deployments

Chella Software

Chella Software provides comprehensive risk management solutions for clearing corporation, direct market access, securities brokering houses, treasuries and investment houses.

Product Lines

• ActiveTrader^TM - A high end trading system providing a sophisticated framework for professional traders
• ActiveMargin^TM - Margining solution that provides pre-trade based regulatory and Value-at-Risk based risk monitoring and management
• ActiveClear^TM - End-to-end broking solution
• ActiveDeal^TM - Investment management and corporate treasury solution addressing the mid market segment

Partner	Partner Website Link
GemStone Systems, Inc.	http://www.gemstone.com/
SFS	http://www.sfs.com.tr/
Chordiant	http://www.chordiant.com/
In-Solutions Global	http://www.insolutionsglobal.com/
Prima Solutions	http://www.prima-solutions.com/
Wall Street Systems	http://www.wallstreetsystems.com/
SAGE	http://www.sage-sw.com
Misys	http://www.misys.com/
ebaoTech	http://www.ebaotech.com
Clear2Pay	http://www.clear2pay.com
Chella Software	http://www.chellasoft.com