Retail Brokerage
HCL’s Retail Brokerage strength comes in with an extensive experience in handling complex applications across the trade lifecycle with multi-asset class experience. HCL is equipped with a scalable testing team involved in Retail Brokerage applications and development on SOA-based architecture. The experience goes beyond development and testing to jointly defining strategy for bringing Brokerage and Advisory application to new emerging markets for a Global Investment bank.
Some of the accolades received substantiate the commitment HCL provides to its engagements:
- “Best Practice Award in outsourcing” 2007 from Technology Managers Forum for best practices employed in one of HCL’s Engagements
- “High net worth individual services innovation" at the annual Banker Technology Awards in June 2006 for a Product
- “Best Multichannel Initiative" - Banking Technology magazine’s European Banking Technology Award in November 2006
Service Offerings
HCL has capabilities across the Retail Brokerage landscape in:
- Application Development and Enhancements
- Application Maintenance
- Incident Management
- Production Support
- Service Requests
- Service Management
- Independent Testing and Verification
Highlights
- For the Retail Brokerage and PWM division of a Global Investment Bank, we maintain the following:
- Application Portfolio
- New Applications
- Jointly defining strategy for bringing B&A application to new markets, viz. India and China
- Technology support to the brokerage and advisory division of a Global Investment Bank
- MiFID Implementation in Retail Brokerage
- Financial Planning and Investment for the brokerage and Advisory division of a Global Investment Bank
Case Studies
- Technology support to the brokerage and Advisory division of a Global Investment Bank
- MIFID implementation for the retail brokerage division of a Global Investment Bank to address client information management and reporting issues
- Financial Planning and Investment for the brokerage and Advisory division of a Global Investment Bank

















