Modernize your financial services with HCLTech and AWS
CloudSMART
Overview
The financial institutions are renovating at a rapid pace. Digitalization, driven by the cloud, is forcing the financial sector to redefine its business operations. We witness almost all financial services institutions like insurance, broking firms, banking, etc. relying on the cloud, as it offers security, resilience and agile infrastructure. With AWS cloud, your business can curate easy-to-use services, track transactions, analyze data and discover valuable business insights.
HCLTech and AWS offer the deepest industry expertise to modernize your infrastructure, which can cater to dynamic consumer behaviors and ensure expected business outcomes.
Solutions/ Our offerings
Digital banking
Open Banking
Digital Lending and mortgages
Payments & cards
Insurance on cloud
Solution Accelerator
Leveraging next-generation technology and delivery methodologies to create a best-in-class cloud solution for the customer is the need of the hour. HCLTech enables and empowers financial institutions to realize the full potential of open banking and "Open Finance" for their digital businesses. HCLTech also delights consumers with the right digital banking products and services on AWS and continues to invest to build an ecosystem of continued innovation. Our portfolio of solutions under digital banking includes Neo-bank rollout, core banking implementation and modernization, customer 360, strategic pricing and billing, frictionless onboarding and banking as a service.
HCLTechs' open banking solutions on AWS enable banks to reinvent and reposition their businesses to remain relevant within customer lifestyles and customer journeys. Our solutions comprise a set of techno-functional frameworks, a well-curated Fintech partner ecosystem, an innovation infrastructure and a depth of engineering and design thinking expertise that help a bank create differentiated Open Banking strategies and implement them. Our solutions include open banking aggregation, banking super apps, contextual banking, Request to Pay (R2P) and open innovation.
HCLTech offers comprehensive digital lending and mortgage solutions on AWS using our own IP and products that directly address the various improvement opportunities for process and operational efficiency to transform the stakeholder experience. HCLTech, through a focused team of domain experts, data scientists, and solution architects, can assist in this mortgage lending transformation journey with our solutions set and unique differentiators. Our solutions include lending process automation, digital mortgages, digital loans, platform implementation and modernization.
HCLTech, with its expertise, industry knowledge and proven customer success, is uniquely positioned to support the full payments and card value chain and address complex banking payment processing requirements by leveraging AWS services. HCLTech leverages its experience in the greenfield development of a payment processing platform on AWS using the Cloud native framework and services. HCLTech brings a payments transformation journey experience and a Cloud blueprint to future-proof your landscape with our proven credentials and solutions. We use cloud-native tools to develop the feature set and also leverage market solutions for the tokenization, fraud and compliance functionality.
HCLTech Insurance Cloud is a ready-to-use environment with tools and services made fit for purpose for your specific operational requirements. It is an end-to-end insurance tech stack on the AWS cloud, provided as a fully managed and regulatory-compliant solution with flexible options for policy administration and servicing operations.
- HCLTech Co-innovation Labs
- HCLTech NOVUS Bank/Payment/API
- Power Banking
- HCLTech Exacto
- Toscana
- HCLTech Unica
- One Lending
- Embedded Banking
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Resources
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Amazon Connect workshop at the AWS office
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Accelerate the Bank 4.0 Journey with HCLTech
HCLTech's suite of solutions—Ziva, APIHub, and FluidCCI built on Amazon Web Services (AWS) to accelerate a bank’s transformation journey to Bank 4.0
Benefits
Specialized expertise
HCLTech is specialized in providing financial services solutions on the AWS cloud. We have a deep understanding of the unique needs and challenges of the financial industry and can provide customized solutions to meet the specific needs of financial services customers. This specialized expertise can help ensure that customers receive the best possible solutions for their specific needs.
Best practices
We follow best practices for security, compliance, and performance that are specific to the financial services industry. By working with us, our customers can be assured that the solutions are built using the latest industry best practices.
Innovation
We have access to the latest AWS technologies and innovations, and can use these to provide cutting-edge solutions to our customers. This can include advanced analytics and machine learning capabilities, which can help our customers gain deeper insights into their data and improve their decision-making processes.
Faster time to market
Speed up business processes and deploy new and innovative digital solutions for your customers with Open Banking on AWS—all within a fully secure and compliant ecosystem.
Reduced costs
We can help you reduce the costs by leveraging AWS's scalability and pay-as-you-go pricing model. This can help you optimize their infrastructure costs and improve operational efficiency, resulting in significant cost savings over time.