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HCL Technologies Announces Penstock Foundation Data Management Product for Capital Markets Businesses

Published Date: 
Mar 13, 2007
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New York, NY – FIMA 2007 (Booth #15) – March 13, 2007:   While data management is a top priority for financial services firms , available solutions have not successfully addressed master data management challenges nor offered the necessary business value, high performance and scalability.  Current solutions are either single-purpose with invasive implementations, or quite complex with difficult to learn data models, intricate data filters and outsized enrichment and transformation algorithms.  To address these c hallenges and provide overall operational efficiency, HCL Technologies (“HCL”),  India’s leading global IT services company, today at the Financial Information Management Conference (FIMA) 2007 announced its Penstock Foundation Data Management Solution for  the capital markets business, a modular information integration solution designed to help data management professionals meet contemporary technology demands.
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Corporate Communication Contacts

Global Head - External Communications

Ajay Davessar
HCL Technologies Ltd.
Tel: +91-120-438 2800/ 244 1259
Email: Ajay.Davessar@hcl.com

US Contact:

Meenakshi Benjwal
Email: meenakshi.benjwal@hcl.com

Europe Contact:

Elka Ghudial
HCL Technologies Ltd.
Tel: +44 7973 567 131
Email: elka.ghudial@hcl.com

APAC & Asia Contact:

Samrat Banerjee
HCL Technologies
Tel.: +61 2 8081 5852
Mobile: +61 478 685 376
Email: samrat.banerjee@hcl.com

Corporate & India Contact:

Zulfia Nafees
HCL Technologies
Tel (Direct): +91-120-4382800
Mob: +91-9810495138
Email: zulfian@hcl.com