With Customer Centricity gaining relevance in the last few years, Retail Banks across the globe are focusing on a better understanding of their Customer, forging a unified experience across Channels, embracing Mobility and experimenting with new revenue streams, while leveraging the captured & uncaptured Data. Hexaware with an experience of servicing Retail Banks for over a decade now, offers comprehensive traditional IT services and has built innovative solutions to partner on their current transformational journey.
Hexaware’s Services Suite for Retail Banks comprises of:
- Business Consulting, including 3rd Party Product Selection
- Portfolio Analysis
- Application Customization & Enhancement, Implementation, Support & Maintenance
- Legacy Modernization & Re-engineering
- Migration Services including Conversion & Data Migration
- Performance Optimization
- Independent Quality Assurance & Testing
- Business Intelligence & Analytics Services
- Mobility Solutions
Business Landscape Overview
At a high level, Hexaware’s service offerings cover for the following functional areas at Retail Banks:
Hexaware’s experience ranges from leading Core Banking products like FIS Systematics, Temenos T24 & Clients’ home-grown Applications.
Some of our key IPs & tools in the Retail Banking space are listed below:
- Retail Banking Test Suite (RBTS) – Jump start kit, independent of regions, products and platforms, built on the HP platform, with end to end business Test scenarios for Retail Banking.
- Solution Accelerator for Temenos Applications (SATA) – Set of functional Test scenarios & Test cases built on the HP platform for Temenos Retail Banking Products & Modules.
- Verzoenen & HexMig – Our in-house Transactional Reconciliation & Data Migration tools.
- Retail Banking experience of being engaged with global tier 1 Retail Banks, mid-sized Financial Institutions, Credit Unions across EMEA, US & APAC.
- People – the practice is led by domain; technology & program/project management experts with decades of experience in Banking.
- Legacy / Home Grown Application Support Expertise – experience in handling complex legacy environments and home grown applications with multiple technologies for Banks & Financial Services companies.
- Re-usable Intellectual Property consisting of several Tools, Frameworks, Methodologies & Utilities, fueling service delivery excellence and ensuring significant ROI & reduction in operational cost.
- Global Delivery Model utilizes teams in India to deliver Projects across time zones, as well as during night-time hours, ensuring faster time to market.