Success Stories
Maintenance and enhancement of legacy Electronic Banking and Payment Initiation application for a large investment bank
Customer: A large investment bank
Business requirementsMaintenance and enhancements of legacy Electronic Banking and Payment Initiation application since 1999.
HCL’s solution- Flexibility to plug-and-play of products and services
- Scalable to handle unlimited client visits
- Interface to SME front-end
- Authentication of corporate users and digital signatures
- Product certification on new versions
- Auto generation of unique bank identifier
- Migration from multiple currencies to Euro
- Application is still used all over Europe and deployed with over 3500 clients
- System handles a throughput of Euro 100 billion per month with an average volume of 50,000 per month
- Value of SME transactions processed about Euro 125 billion
- 24 x 7 support record of zero downtime from offshore
