Commercial and Corporate Lending

Commercial and corporate lending are key focus areas of solutioning within HCL. HCL provides a wide range of solutions across the entire spectrum of commercial and corporate lending. The practice is powered by industry experts who bring in a wealth of experience as end users and have been involved in several IT solution implementations across the globe. Apart from providing in house solutions for customers, HCL also has alliances that have been formed with the main objective of providing the best solution for the customers.

Service Offerings

Our understanding of the market trends combined with an experience of implementing lending solutions at several leading financial institutions around the globe places us in a unique position to provide a robust solution. The commercial and corporate lending solutions landscape of HCL is as follows:

HCL FinanceSolution for Lending & Leasing

HCL FinanceSolution is an integrated suite of software platforms, best practice methodologies, technology and business transformation services that drastically improves effectiveness of finance 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. In addition, HCL FinanceSolution 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 and pre-configured to support industry best practices.  For more information click here.

Loan Origination & Straight Through Processing

CapitalStream™ is an integrated software platform enabling commercial banks and finance companies to implement Straight Through Processing (STP) across lending and leasing portfolios. CapitalStream transforms manual paper-based operations into automated enterprises that respond quickly, efficiently and consistently. CapitalStream 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, CapitalStream 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. For more information click here.

Product Enhancement & Upgrades - Loan Syndication and Servicing

Misys is a leading global application software and services provider focused on delivering value to their customers through integrated and comprehensive solutions. Misys Banking Systems is the leading software supplier in the commercial 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 that covers the entire life cycle of a loan with a focus on syndication and servicing.

HCL and Misys have signed a partnership agreement which aims to address product enhancements as also product upgrades as required by Misys. HCL works closely with Misys and its customers across the Software Development Lifecycle from requirements definition phase through development to testing.

Loan IQ is organised into number of notebooks, each of which addresses business functionalities. HCL was involved in enhancements and version upgrades of the product 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
• Stand alone Loans
• Notifications

• DataNet Reporting Solution

Custom Solution Development

HCL has provided custom developed solutions across the life cycle of the commercial and corporate loan space for a number of banks. Some of the areas include:

• Origination
• Credit Risk Management
• Documentation
• Electronic Document Management
• Disbursement/Drawdown
• Servicing
• Collateral Management
• Collections

The solutioning process spans across the entire software development life cycle such as:

• Scoping and Requirements definition
• Design
• Development
• Testing
• Implementation
• Maintenance and support