Reporting Factory
Overview
The financial services industry is facing challenges of a fragmented reporting infrastructure. The reporting needs are increasing every day with changing market dynamics, introduction of new regulations and changing internal processes. Multiple groups, processes, systems are involved in generating different reports leading to excess cost due to redundant tools, processes and staff.
HCL Reporting Factory Solution provides a common reporting architecture for an organization's reporting needs. The component-based architecture is highly scalable, transferable and can be configured to generate any of the organization's reports – analytical, MIS, client, regulatory, industry standard and ad-hoc reporting requirements.
HCL Solution
HCL Reporting Factory consists of Design Office and Ongoing Report Production. Both are organized as assembly lines with standard processes.
The Design Office receives new report request and designs the report prototype. This prototype is then ready for production and it goes into Ongoing Report Production, where it is produced as per user requirements. The Design Office team is derived from the 7000 plus pool of domain experts in financial services and ensures a low time to market for the client.
Business Benefits
HCL Reporting Factory offers its customers the benefits of predictability, transferability, scalability and repeatability.
- It competitively provides a single, integrated framework for all reporting requirements
- High performance, reliable and enterprise-wide scalable solution
- Easy to maintain and can be enhanced for future requirements
- Common reporting framework will help reduce user training and dependency on IT
