Commercial & Corporate Lending
Challenges you may be facing
The need to adhere to a more stringent and continuously evolving regulatory landscape is of critical importance for global financial institutions. Emerging technology advancements like Internet and mobile banking pose new threats to their conventional payment systems, and growing customer expectations are fueling the need for more efficient commercial and corporate lending processes. In the lending business, credit profiling and underwriting services have become imperative to build and maintain a healthy loan book. All these industry changes compel banks to seek out ways to reduce their cost of operations and streamline and consolidate disparate technology systems and processes.
What we can do for you
HCL provides a wide range of solutions across commercial and corporate lending. Powered by industry experts, HCL is involved in several global IT solution implementations and our end-to-end suite of corporate lending services is helping banks and financial institutions significantly reduce their cost of operations. HCL is a one-stop technology solution provider offering the best outcomes for customers either through in-house solutions or alliance solutions with other top vendors.
A snapshot of HCL’s commercial lending software and solutions and corporate lending software (loan management software and loan servicing software) and solutions:
- HCL FinanceSolution for Lending and Leasing: This is an integrated suite of software platforms, best practice methodologies, and technology and business transformation services that drastically improve the effectiveness of financial operations. It includes a suite of industry leading software applications specifically designed for lending and leasing, including HCL’s award winning CapitalStream™ origination platform along with world-class lending, leasing, syndication and portfolio management solutions This solution includes specialized configurations of enterprise solutions for CRM, content management, business intelligence and more. All of the software applications are integrated to enable complete Straight Through Processing (STP). Read more
- Loan Origination and Straight Through Processing (STP): CapitalStream™ is an integrated software platform enabling commercial banks and finance companies to implement STP across lending and leasing portfolios. CapitalStream™ transforms manual, paper-based operations into automated enterprises that respond quickly, efficiently and consistently. CapitalStreamTM streamlines sales, origination, credit analysis, decisioning, document generation, closing, funding, booking, account monitoring and ongoing risk management to reduce cost, risk and processing time. For a rapidly growing list of world-class financial institutions, CapitalStreamTM has revolutionized business, commercial, equipment and real estate finance operations by integrating and automating disparate functions and systems to double transaction throughput without increasing headcount.
Product Enhancement and Upgrades - Loan Syndication and Servicing: HCL and Misys have a partnership agreement which addresses product enhancements and upgrades. HCL works with Misys across the Software Development Lifecycle - from requirements definition through to development and testing. Misys is a leading global applications software and services provider, and Misys Banking Systems is the leading software supplier in the corporate lending space with Misys Loan IQ customers accounting for one third of the world’s loans and half of the global traded loan volumes.
Misys Loan IQ is a comprehensive solution covering the entire life cycle of a loan with focus on syndication and servicing. It is organized into a number of notebooks, each of which addresses certain business functionalities. HCL was involved in the enhancements and version upgrades of the products, involving: Deal Notebook, Facility Notebook, Outstanding Notebook, Circle/Trade Notebook, e-settlement involving third party solution providers such as TSI (Trade Settlement Inc.), Collateral Notebook, SBLC related enhancements, Standalone Loans, Notifications, and the DataNet Reporting Solution.
- Custom Solution Development: HCL provides customized solutions across the commercial and corporate loan life cycle in Origination, Credit Risk Management, Documentation, Electronic Document Management, Disbursement/Drawdown, Servicing, Collateral Management and Collections. Solutioning spans the entire software development life cycle in scoping and requirements definition, design, development, testing, implementation, maintenance and support.