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Excel Services

Challenges we address

In a demanding competitive environment, global financial services institutions face a pressing requirement: better collaboration between their departments. Through a joint initiative between Microsoft and HCL’s Penstock Product Engineering Division, clients now have access to solutions for effective data exchange, and reporting and repurposing. Excel Services, a new server technology included in Microsoft Office SharePoint Server 2007, covers areas like risk reporting, securities financing, derivatives processing, and market trend analysis. This server version of Excel allows sharing, versioning, and auditing of the workbooks that enable:

  • Integration of vector language
  • Spreadsheets to act as data warehouses
  • Spreadsheets as an array store
  • Grid deployment using spreadsheets
  • Enterprise-oriented spreadsheets that provide a single view of enterprise data
  • Complete auditability and accountability with customized features

What you can expect

The solution provides the best of traditional Excel and client server-based features that can easily run on the grid for performance enhancements, with built-in auto compile, auto validate, and audit options. It can also enhance the capability to build rapid applications, thereby reducing time to market. Other benefits include:

  • The ability to load and perform calculations on a server
  • A server-side HTML rendering engine to display worksheets in a browser
  • Integrated document and web content management with policies and workflow
  • Rich and web-based front-ends
  • Enterprise scalability and rich data search options

HCL Solution Framework for SOA in Payments

HCL’s framework for implementing SOA in a business-critical payments environment involves a single payment architecture that allows banks to identify duplication and to define a step-by-step migration to common utilities based on open standards. This pragmatic approach splits each payment process or silo into three elements of functionality: origination, order management, and payment execution. Separating these three layers makes it is possible to isolate the diverse set of origination channels (e-mail, fax, EDI, internet, phone, etc.) from the payment execution and processing systems.

A crucial component is the ESB based on an SOA. By using a service-oriented approach, we can decouple and reuse existing application and middleware components in an unobtrusive way, thus providing a low-risk transition to the new architecture. HCL complements this evolutionary approach with a strong implementation methodology that focuses on customer service and payment system resilience.

Credit Risk Reports - HCL Tech
HCL Beyond the Contract

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What Customers Say

The ability to understand the business problem, together with the technical landscape and bridge the two, cannot be overstated. For that I'd be looking for someone who can influence, articulate and hold a view.

"What can I say!. Your efforts have made considerable positive impact.

– CIO, Leading Bank in Australia and NZ

 

What an amazing result. Considering how long and how tough this year has been, the result on the weekend was a testament to the drive, dedication and commitment to quality that this team continues to display. For those unaware of the details, we migrated over 400,000 business deposit and migration accounts with a success rate of 99.86% !!!!Congratulations to all involved and a huge well done to a program that continues to deliver the big bank changing milestones." 

– Program Director- One of the largest banks in Australia