Treasury

The increased trend towards globalization and centralization necessitates treasury professionals to conduct business across geographies that involve different and changing regulatory controls. Besides the recent trends such as migration from SWIFT MT to MX message series and new accounting regulations carrying out trading activities in a real-time, seamless, cost effective and straight-through enabled processing require Banks and Financial Institutions to offer a full range of solutions to their treasury customers. Banks should embrace a culture that moves from simply satisfying to delighting their treasury clients with value added and comprehensive solutions in their transaction banking services.

Service Offering

HCL’s Treasury practice consists of a strong pool of industry specialists, treasury certified professionals, experts and consultants with varied experiences in front-office, middle-office & back-office. HCL provides specialized services like consultancy, application development, enhancement, support & maintenance and it services for the activities encompassing entire gamut of trade life cycle such as deal capture, trade entry, processing, confirmations payments, settlement, reconciliations, accounting, problem investigation and resolution & reporting. In addition HCL also provides packaged/ customized application implementation and deployment of industry leading products such as Misys^TM.

HCL’s value proposition

HCL has a dedicated Treasury practice which consists of SMEs from financial services industries and techno-domain consultants. HCL has over 800 man-years of experience working on treasury systems. The experience comes from developing, supporting, maintaining and implementing the treasury infrastructure of leading banks, financial institutions and corporates. The micro-vertical has proven capabilities in the development of Treasury Management suite of applications and technical support for maintenance of all kinds of asset classes like Foreign Exchange, Money Market, Derivatives, Equities, Structured Products besides its expertise in the allied areas such as Cash Management, Payments, Risk Management, SWIFT, CLS, SEPA, Faster Payments, FIX etc.

Some of the key differentiators of HCL’s treasury offerings include:

• Integrated Multi-Service offering spanning Technology, Operations and Infrastructure
• One stop solution for innovative and better integrated Treasury Management Solutions
• Technology leadership - backed by Centers-of-Excellence (CoE) in the various technology areas like Mainframe, Java, Oracle, Microsoft, CRM products
• Dedicated Center of Excellence for Misys’ Treasury products such as Summit / OPICS Plus with continuous investment on training and certifications of its employees in such products
• Framework accelerators to hasten customer delivery
• Risk free implementation through adoption of CMMi Level 5, ISO 9001:2000 and BS 7799 standards
• Integrated offering leveraging strong Service Oriented Architecture and Middleware practice such as TIBCO, WebMethods