Transformational Technologies for Financial Services

Archive for January, 2010

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Run the Bank – Revolutionizing Production Support

January 29th, 2010 by Arsalaan

In the face of a recovering economy, banks and financial institutions are laying greater emphasis on ensuring optimal efficiency in their operations there by driving down overhead expenses and increasing profitability.

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World class mobile and payments modernization technology – The changing ballgame

January 23rd, 2010 by Arsalaan

The goal of any business is to find a way to do things equally well; first, attract customers to the business, and second, get them to pay for your product and/or service. From this simple premise has spawned what is probably one of the most complex and sophisticated inter-network of technologies and systems to have [...]

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Future-ready Infra Services

January 22nd, 2010 by Juveria Samrin

The infrastructure division in HCL is our fastest growing lines of business. Following our Blue Ocean Srategy, we have created an uncontested market space of “Remote Infrastructure Management” which has now become an Industry in itself and is being described as the “Third wave of outsourcing” after Software and BPO. Today we dominate this industry and [...]

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The power of FIRST 2.0

January 21st, 2010 by Arsalaan

Web 2.0 loosely defines the resurgence of the web, following the 2000 dot com crash, and the following 3 or 4 years when business decided online was a fad.  It was all about business value, and Internet was an empty promise.

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Maximizing Value out of your SAP Investments

January 20th, 2010 by Arsalaan

HCL Technologies has finalized its acquisition of UK-headquartered Axon Global, the largest independent SAP consultant-integrator in the world just over a year ago. From a head count and revenue perspective, the acquisition admitted HCL to the ranks of the Top 10 SAP service providers, with a combined SAP consulting and support capability that is 60% [...]

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On the Road to a Transformed Enterprise…

January 13th, 2010 by Juveria Samrin

While the word “value” already holds a special place in the dictionary of business clichés (special because of how really essential it is) - the rise of China…stringent margins…regulations…recession…all this is only drawing greater focus of the IT vendors, making them deliver more of it. While business organizations across the globe are facing rebirth, it [...]

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Business Aligned IT – Aligning to create Value

January 7th, 2010 by Arsalaan

Everyone talks about getting IT aligned with business but what does it mean? How does one achieve the elusive alignment between business & IT? Spawned from HCL’s Solution Lab, the Business Aligned IT framework lets the CIO focus on quantifiable business benefits from traditional IT activities. Traditionally, linking business benefits to IT activities has been [...]

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Customer Onboarding – A ‘must do’ to reduce customer churn

January 7th, 2010 by Arsalaan

Deposit accounts make up roughly 9% of a retail bank’s assets and 60% of the profits, and 10% of these customers often drive 90% of the value. Additionally, customers are the most at risk for attrition in the first 60 days of the relationship, and the attrition rate for new customers is double the rate [...]

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Decision Making in Turbulence

January 7th, 2010 by Arsalaan

If you can look into the seeds of time
And say which grain will grow and which will not
Speak then to me – Macbeth (I, iii)
Business development, financial investment, regulation, and government policy making rely on establishing representative benchmarks, and accurately forecasting their trajectories over time or in relation to other variables. This can be challenging [...]