Private Banking
Wealth management industry has seen exceptional growth in the past few years and is being seen as a promising industry with enormous wealth which still needs to be managed even in recent troubled times. Wealth Management firms are looking at leveraging operational efficiencies through IT to serve clients with lower fee structures.
HCL has over 10 years of experience servicing large banks in Australia and Europe across the Wealth Management landscape. HCL manages the Wrap platform for a leading Wrap player in Australian market and works with a large bank in Europe for development and maintenance of their Financial Planning, Collateral Monitoring, Reporting, and back office Wealth Management applications.
We also have a strategic alliance with SAGE, a Switzerland based software development company for its truly integrated wealth management platform, Prospero.
Service Offerings
- Technology solutions for managing in-house developed wealth management applications
- HCL has capabilities for professional services around Prospero including product implementation, system integration, testing and production maintenance and support
- Temenos Globus/ Temenos T24 support service capabilities
Highlights
- Strong Domain knowledge
- Experience of Sage Prospero implementation and support for leading banks in APAC and Middle East
- Experience of working on applications which serve markets across various locations - Geneva, New York, Singapore, Hong Kong, Vienna, Australia and Channel Islands
- Experience on applications serving functions across wealth management like Financial Planning, Collateral Monitoring, Reporting, and back office Wealth Management applications for a large European Bank
- HCL manages the Wrap platform for a 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 eight years now
