Consulting on Product Selection

Hexaware has leading edge in consulting for product selection with competent consultants who have proven experience in implementing IT solution for banks. With in depth knowledge in banking and the technology trends, Hexaware consultants have required expertise to provide consulting services on product selection for banks.

Data Migration

On Data Migration front, Hexaware has right strategy, tools and techniques for carrying our data migration with least risk to business in shortest possible time and in an accurate manner. Hexaware has proven experience in migrating data for a financial conglomerate in Europe from multiple legacy system to modern unified data base without any stoppage in business.

Application Integration

Mergers between banks and implementation of standard products necessitates integration amongst systems, Hexaware has capabilities of integrating the product with the other systems with standard interfaces and protocols. Hexaware`s Smart Messaging Routing Engine “SMRE” is a ready to use solution for integrating various channels of banking like ATM, Tele banking, IVR, POS etc and the back end solution.

Testing

An AMR Academic report says that 50% of the development cost lies in defect detection and defect fixing costs a whopping $60 billion. Proper software testing in a dedicated environment would bring costs down to $20 billion.

Our Testing services help customers leverage our best practices, reusable assets, comprehensive test repository, global delivery models and 24 x 7 support to deliver reliable and quality software. Hexaware offers Quality Assurance and Testing Services (QATS) for functional and non functional requirements of banks. The QATS team is a perfect balance of domain experts, technology and automation.

Hexaware has strategic alliance with HP, Micro Focus, IBM, Oracle, SAP, Validata and SOASTA for providing enhanced value for banks.

On manual testing, our ready to use product independent jump start kit “Retail Banking Test” (RBT) suite for retail bank testing has potential of reducing 30 to 40% of the effort of creation of test cases Our proprietary “SAP TAO” automation tool kit can be deployed for testing the SAP applications and our alliance with Validata is for testing the Temenos products. Hexaware`s test process excellence and Validata`s automation tool kit is a perfect fusion for testing the Temenos application. Hexaware has successful test execution experience across Geographies in testing Temenos products.

Business Intelligence and Analytics

Hexaware offers Business Intelligence and Analytics Solutions with the goal to optimize business decisions and providing relevant, up-to-date information to business users for banks/FIs in Financial Reporting, Risk Management, Insurance, Credit cards, Investment management and CRM.

We offer custom built and Enterprise Solution based analytics for Banks and Leasing companies,

• On ES, expertise spans across Peoplesoft EPM, Oracle HFM, CPF, SAS FI, Cognos Controller
• On Risk Management we have excellent experience in SAS, Fermat and SunGard
• On CRM we have extensive experience on OBIEE

Application Development and Maintenance Services

Approximately 70% of corporate data processing is still handled by Mainframe and Midrange Systems. Hexaware is a one stop shop for all your Mainframe needs. Our expertise spans across the different families of Mainframe computing like IBM, Unisys, and Fujitsu-ICL to name a few.

In course of modernization, banks can utilize their resources on implementing the new product. Hexaware will take up maintenance, change request, enhancement of the existing legacy application. We offer Consulting, Operations & maintenance and Application development for the legacy applications in IBM Mainframe and home-grown applications.

Enterprise Solutions

Hexaware offers Enterprise Solutions (ES) for banking customers and our expertise spectrum in ES spans across PeopleSoft, Oracle, SAP, Microsoft Axapta, JDE and Siebel. We are a platinum partner with Oracle and with SAP, apart from implementation and support we have contributed towards R&D in the testing space for ES. We offer End-to-End service for banks in ES solution Implementation, Development, Testing and Maintenance.

• Our services for Banking customers include:
  • Consulting & Advisory Services – including Global Implementation, Roll-outs, Application Assessment
  • Application Development Services – UPGRADES, Enhancements, Integrations, Data migration etc
  • Managed Services – Application Support and Maintenance, Hosting, Shared Services
  • Testing Services
  • Business Intelligence and Data-warehousing solutions
• Our ERP services span the following functions
  • Financials (GL, AP, AR, AM), Treasury Cash management solutions & ALM
  • Enterprise Service Automation & Supply Chain Management (Procurement, Sourcing, Inventory, Customer fulfillment)
  • Call Center Applications, Enterprise Portal implementation