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HCL IS DISTINCTIVELY PLACED TO SUPPORT ITS GLOBAL CLIENTS FOR MISYS SUITE OF PRODUCTS

85+ projects delivered

Joint Offerings to Customers

300+ Dedicated Resources

Dedicated Centers of Excellence

Professional Services for Misys Products

Licensed software

labs

HCL’s dedicated Solution

Accelerators

Customer Focus

Loan IQSummit

Enhance Quality

Opics

Trade Portal

MidasEssence

Coverage and

Offerings

Objectives

Project objectives• PackageImplementationofFusion

Banking-Essence(FBE)forlendingandgeneralledgermoduleinclientenvironmentforitsCoreSystemsReplacementproject

• Implementationofpaymentmanager• Implement&migrateover12mnA/c’s

and8mncustomerstoFBEversion4.0.1

Key Issues• Migratefromhomegrownlegacy

systemtoFBEversioninnewInfraenvironment

• Handlingof20mn+transactionsayearduringthenewcoresystemimplementation-migration

• Developmentofkeymoduleandautomatedcreationofcustomer&A/c’sinbulk

HCL Approach

Operating Model• HCLleverageditsglobalpartnerships

withvariousindustryleaderswherein,HCL-PrimesystemintegratorfortheprogrammeDeloitte-Programmemanagement,Changemanagement&ConsultancyMisys-SoftwareProviderofFBEplatform

• Projectdurationinthreestages,Implementationlessthanayear,migration2years&Support10years

HCL’s approach to solving the problem• ImplementationofFBE,whichisone

ofthemostadvancedcorebankingplatformsintheworldatthistime

• Userfriendlypresentationlayersofferedforrightinformationtobeatrightplacetotherightuser

• “UserDrivenControls”overbusinessprocesses,configurationparametersofferflexibilityintermsofcontinuously“changingwaysofworking”withmorefocustowardscustomersatisfaction

• Implemented“ServiceorientedArchitecture”basedapproachthatbringsextremeagilityintermsofintroducingnewproducts,processes,servicesasperdemand

Impact

• SpecializedskillsinFBE,upgradingtheproducttosuittheclients’requirementofgrowingvolumeoftransactionsandaccounts

• FuturisticPaymentnetworkcateringtopaymentsandrepaymentstothetuneof~69mnGBP

• Reusabilityofthetestpacks• ReducedTimeandcostfor

reconciliationofaccountsandpaymentsby60%and40%respectively

• XMLframeworkprovidesfasterperformanceintermsofinputandprocess

• ISO20022compliantpaymentsystem

Case studies – Large Educational Lending Company in UK & ITheclientprovidesfinancialsupporttostudentsacrosstheUK,servicingmorethan10millionaccounts.Itprovidesthecoretransactionprocessingfunctionfortheend-to-endadministrationofstudentfinancefortheUK.Currentlegacyplatformnotabletosupport• Significantincreaseinexpectedbusinessvolumes(10Mnaccountsto40Mnin2021• Marketdemandingalarger“digital”interfacetothetraditionalhumaninterface• Demographicofcustomermarketchanging,whichrequiressystemtocreatenewproductveryquickly• Needtokeep‘lightson’

Scope of Work:Development,Configuration,DataSet-up,Migration,Integration,SIT,UATSupport,GoLiveProductionSupport,BusinessProcessRe-engineering

Hello there! I am an Ideapreneur.Ibelievethatsustainablebusinessoutcomesaredrivenbyrelationshipsnurturedthroughvalues liketrust,transparencyandflexibility. Irespectthecontract,butbelieve ingoingbeyondthroughcollaboration,appliedinnovationandnewgenerationpartnershipmodelsthatputyourinterestaboveeverythingelse.Rightnow100,000IdeapreneursareinaRelationshipBeyondtheContract™with500customersin31countries.How can I help you?

90+ BF-ESSENCE PROFESSIONALS

EXPERIENCED IN PRODUCT DEVELOPMENT FOR MULTIPLE MODULES FOR FB-ESSENCE

8+ YEARS OF PARTNERSHIP FOR MULTIPLE SOLUTION

ACCELERATORS

ENGAGED IN MULTIPLE SYSTEM INTEGRATION OPPORTUNITIES

INVOLVING FB-ESSENCE

Range of HCL Capabilities to Support Fusion Banking-Essence

ImplementationSupport

ProductDevelopment

EssenceTestingFramework

GoLive/PostGoLiveSupport

Installation&Upgrade