The return of conservative leasing and lending practices and revisiting of business model, risk and performance management is drawing larger attention. The current requirement is a combination of interactive, user friendly, efficient and cost effective IT solution.

Hexaware offers solution that is based on key objectives:

• Transforming Business Vision into reality and support in faster time to market
• Provide Unified solutions that replace legacy disparate applications, to optimize business relationship per customer
• Build configurable solutions that help reassess and maximize Profitability
• Well defined process frameworks that enable Seamless E2E contract life cycle management
• Proactive Risk Management and Regulatory compliance
• Bench marking against peers and leaders and progress to top quartile

The above is achieved through a structured analysis of Lessor`s business. Hexaware offers tailor made rapid application development services as well as product implementation solution.

Tailor made E2E Solution

Hexaware provides end-to-end leasing solutions for lessors of different types and sizes. It has to its credit a large re-engineering and roll out of a ‘Unified’ leasing solution for one of the largest leasing companies in Europe, Hexaware offers leasing solutions for core business areas covering Contracts Management, Collections and Termination.

Hexaware’s IT solution approach

• Assess Business vision and client’s IT needs through a Study
• Draw a road map for IT implementation solution, based on business priority, growth areas and pain areas, recommending a custom built, or product based solution
• Be a partner for implementing the recommended solution by drawing project plans and delivering solutions as per schedules
• Build solutions that are based on robust architecture, leveraging current technologies, to ensure a scalable, cost effective solutions for the future
• Build configurable solutions that are flexible enough to accommodate business process changes and market parameters
• Ability to leverage existing infrastructure and built solutions around the same
• Utilize the business processes framework, architecture framework, tools & components built by our Leasing Center of Excellence and the Testing framework of Hexaware to enable rapid project roll out Leasing Framework and Services

Hexaware has pre-built frameworks and functional components that aid rapid application development and faster implementation. Our offerings in the leasing services include, Business Process Framework: an exhaustive set of Business processes and Requirements to capture user requirements and complete Gap Analysis

• Pre-built Functional Components
  • Price Proofing / Audit (Calculation engine)
  • Unified Partner Management
  • Product Management
  • Asset Management
• Architecture / Technical Components:
  • Architecture framework to draw system architecture, coding framework and interfaces
  • Tools to migrate data from legacy application to new one
• Testing Framework: an exhaustive set of test cases covering complete leasing functionality that could be used to test a product based / custom built application solution
• Services
  • Testing on behalf of users (UAT Support)
  • Data Migration
  • Risk Management and Basel II
  • Leasing Analytics & Data Warehouse
  • Product Implementation & System Integration

Hexaware provides consulting services to assess client requirements and recommend a product based or custom built solution. The services offered include:

• Portfolio Analysis and Consulting
• Product Implementation: Hexaware has partnership with Leasing product vendors to provide implementation solutions
• Implementation and System Integration
• Product Engineering Support: Customization & Technical upgrade support

Technology

Hexaware has large talent pool of consultants with expertise in varied technologies such as

• Web Technologies: Java, JEE, EJB, Web Sphere, Android, Web logic etc
• Client Server: Oracle, SQL Server
• Content Management and Imaging: IBM FileNet P8, IS, BPM, PE, CE
• Mainframe Technologies: PL/1, Cobol, IMS DB/DC, DB2, JCL, MQ, REXX, Endeavor
• Business Intelligence and Data Warehouse: SAS, COGNOS, ETL,INFORMITICA

Value Proposition

• Established leasing practice with 150+ consultants
• Ready to start tool kits – Functional and Architecture Framework, Code Generator and Data Migration tools and prebuilt leasing test scenarios
• Only vendor providing focused off-shoring / implementation solution to Leasing services
• Successfully executed the single largest legacy reengineering project replacing 80 disparate applications based on mainframe & client-server technologies to Java based new technologies, enhancing business value & faster time to market
• Capabilities in multiple technologies Mainframe, internet technologies, ERP/CRM/Business Analytics