Investment Management
With many funds failing to outperform benchmarks and increasing popularity of passive funds, margins have been under serious pressure. This has resulted in increased focus on improving operating efficiency across the investment management cycle. Fund Managers are integrating multiple systems, consolidating data, and streamlining business processes for improving efficiency.
HCL offers integrated technology and operations solutions in investment management space working with several buy-side firms covering various lines of business such as mutual funds, institutional asset management, private wealth management, hedge funds, separately managed accounts (Wrap), trusts and custodians.
HCL's investment management practice works with customers to optimize application portfolio, implement off-the-shelf products or custom-build applications and support middle-office and back-office operations.
Highlights
- Implementation and post-implementation services of leading third-party products:
- SimCorp's Dimension for Fund Accounting
- Market leading third party product
- Eagle PACE for Data Management
- HCL manages the Wrap platform for the leading Wrap player in Australian market and ensures that the customer responds to new regulations and incorporate new features for its customers and advisors in quick time for over seven years now.
- Business Analyst Academy and Product Competency Centre to train and certify domain focused business analysts and product specialist in the asset management domain.
- Financial Engineering Group with expertise in quantitative methods works with technology teams to develop valuation and analytics application for its customers and is developing a proprietary platform for 'Quantitative Strategies-based Algorithmic Trading' models.
Case Studies
Co-sourcing partnership with the leading Fund Manager of Australia resulting in cumulative savings of US $ 40 million
Implementation of a market leading third party product for a leading Asset Management Firm leads to a reduction in the turnaround time by 40%
Implementation of a market leading third party product for a Leading Investment bank
Maintenance and enhancement of the Trade Enhancement and Settlement System (TESS) application for a leading Investment Bank
DBA support for a Leading Asset Management Firm improved from 8*6 to 16*6
Implementation of Investment Portfolio Management system for a leading global Asset Management firm
Managing third party product for one of the largest asset management firms in the world
