Basel II

Overview

HCL has an exclusive Risk Centre of Excellence (CoE) focused on delivering Risk Management Solutions to Banks and Financial Institutions across the globe.

HCL experience spans engineering and maintaining applications for:

• Credit Risk
• Liquidity Risk
• Operational Risk Management
• Credit Scoring models
• KYC, NYSE431

Because data from all operational systems across the enterprise needs to be collected and stored in a data warehouse to establish group-wide capital reserves, our implementation services include developing and implementing organization-wide data warehousing capabilities. They also include implementation of suitable risk management, risk calculation and reporting tools and packages, and integration of these within existing banking systems. Additionally, we offer design and the development of interfaces and import data from various data sources (Proprietary data stores, popular enterprise products, 3rd party sources) into the solution framework for BASEL II compliance.

Product Engineering Initiatives

Penstock One Risk is HCL’s modular and configurable Enterprise Wide Risk Control and Management solution comprising of comprehensive tools for managing the complex global market risk and credit risk systems effectively.

This suite consists of the following sub-systems:

• Credit Risk System with Valuation Engine
• Credit Risk Exposure
• VAR Engine
• Market Risk system
• Reporting engine

Partnerships & Alliances

HCL has strategic partnerships with SAS in the risk management area as a preferred Systems Integrator backed by a strong domain capability in the risk space.

HCL has also built partnerships with leading edge vendors of third party components that complement HCL’s solution stack, viz.

• Quadrus
• MetaMatrix
• Kabira
• Metatomix
• Gigaspaces

Case study

HCL provides a Global Financial Services firm with Credit Risk Engine Extensions