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Data Management Services

Organizations are under enormous pressure to make better business decisions within shorter time frames. They are challenged to produce higher quality results with less risk. The key to achieving this? High quality data. Accuracy, availability, consistency, completeness, timeliness – there is no room for error in today’s marketplace. Poor information quality not only impairs decision making, it makes regulatory compliance difficult and creates inefficiencies.

Hexaware has vast experience in Investment Data Management and delivers state-of-the-art solutions that help our clients manage their data across Front office, Middle office and Back office. Our end-to-end Investment Data Management solutions combine innovative technology with a deep expertise in Portfolio Management, Trade Execution, Compliance, Market Data Feeds, Reconciliation, Data Governance, Data Management and across different asset classes.

Hexaware Solution for Data Management

Hexaware has helped leading Global Financial Institutions, Fund Managers, Investment Managers, Institutional Asset Managers, Mutual Fund Managers and Insurance Money Managers achieve their goals by delivering a solution that achieves the highest quality data. Whether you need help with Data Governance, Data Quality or Data Recon issues, Hexaware’s Data Management solutions can help your business:

How our Data Management Solutions deliver superior results:

1. Best practices for smarter solutions.

Hexaware has created a Reference Architecture based on best practices and design principles learned from our clients. The architecture was built to address our clients’ transactional and analytical requirements. It describes best practices for the deployment of ETL tools, operational data stores, data warehouses and data distribution services. This knowledge serves as a guide for our design efforts and enables us to deliver the smartest solutions possible based on real-word results.

2. More efficient and effective Data Quality Assurance.

Data reconciliation across systems plays a vital role in Data Quality Assurance. Hexaware has developed its own reconciliation tool called Verzoenen. This tool permits data from multiple sources to be compared and reports differences identified. It stores the results of these comparisons so that data quality improvements can be measured over time. The tool makes it easy to identify data pairs that are to be compared and to define parameters for field-level matching. For clients who choose to use a different recon tool, Hexaware can provide the best practices that we learned while creating Verzoenen to accelerate the development and deployment of your tool of choice.

3. Increased speed. Reduced cost. A better approach to Meta Data Management (MDM).

Building MDM capabilities requires a great deal of time and money. To reduce the costs of MDM, we have developed a tool called Belva. Belva features a data dictionary that is preloaded with definitions of common investment industry business elements. It permits mapping of data elements across multiple systems and can serve as a repository for data transformation rules. Belva gives users the ability to see how data flows from source to target and how it is transformed along the way. For clients who choose to use a different MDM tool, Hexaware can provide the best practices that we learned while creating Belva to accelerate the development and deployment of your tool of choice.

Hexaware Proprietary Tools / Framework

Hexaware Proprietary Tools / Framework Tools Features
Meta data summit for Investment Business Information, Data Dictionary
Transactional recon process for identifying matches, mismatches and discrepant data
Business Intelligence – BI environment metadata foundation tool that creates semantic layers such as universes & models
XML-based query engine for Data Integration environment. It ensures ETL coding standards and locate coding errors
Metadata based analysis tool within any BI environment for determining duplicate reports , Dead variables, sub set related reports

How has Hexaware helped business like yours? Click here to learn about our client success stories.

Clients Data Providers Solution & Services
A Leading Investment Management Firm, US
  • Bloomberg (Asia, Europe, Latin America, N. America)
  • Calypso  / Bear Sterns & other 3rd parties
  • IDC Domestic Prices
  • MarkIT  / Lehman  /Reuters
  • IDL , Fitch / Moody/ S&P
  • AXA ,Thomson Reuters, Fidelity
  • Static / Reference Data Management / Data warehousing
  • Best Pricing – Golden Copy Creation
A Large Advisory & Investment Management Firm, US
  • Bloomberg, WM / Vestek, SSB / Mellon, BBH / BEM / NT
  • Investment Data Warehouse
A Leading Money Manager of an Insurance Company, US
  • LEHMAN / Moody’s KMV Analytics
  • BlackRock Analytics, Benchmark Analytics, Price, Ratings, Credit enhancements, Issuers, etc.
  • CAMRA, Strategy, Debt & Derivatives
  • Centralized Data Warehouse for Risk Management; Derived Data Management
Biggest Buyer of Home Mortgages in US
  • Thomson Reuters, MBS Pricing
  • Best Pricing Solution for MBS & TBA Securities
A Leading Investment Bank in Europe
  • Bloomberg, Moody, Fitch, S&P Ratings
  • Muller Factor, Real Estate (RREEF) Data
  • Price from various sources such as Fact Set, Bloomberg, NT, etc.
  • Reference data solution for Account Opening process
  • Centralized Data Warehouse for Americas & Asia Pacific Region
A Leading Global Financial Data Provider
  • Scrubbing of data points from 424B5 Reports filed on SEC, viz. Home Equity deals, Alt A deals, CMBS deals, CDO
  • Maintenance of reference Cash Flow database
  • Service that provides Bonds Performance data, Trade Settlement Calculation Engine

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