Banking and Financial Services overview:

Major business shifts have engulfed the Banking and Financial institutions due to:

1. Deregulation and consolidation of global banks that are offering the Retail, Wholesale and Investor relations services.
   
2. Market shifts and competitive forces
   
3. Technology changes
   
4. Enforcement by Government to meet stringent regulatory compliance guidelines

Financial institutions are gearing to assimilate new technologies, like building Enterprise wide portals, to provide superior customer offering and streamline internal processes. This provides them with competitive advantage over their rivals.

Teamsoft leverages its comprehensive understanding of the industry's business and technology drivers to deliver quick and innovative solutions to an industry that thrives on speed, efficiency and bottom-line results.

Services offered:

Teamsoft offers customized service addressing specific client needs across the domain and technology spectrum:

• Transformation of Legacy applications to Web & Enterprise Re-architecture
  
• Application Maintenance
  
• Application Development & Application Performance Tuning
  
• Business Intelligence solutions & Data Warehousing
  
• System Re-engineering, Platform Migration & IT Systems Integration
  
• Portfolio Analysis
  

These solutions have the flexibility to perform over a wide range of technologies and operating environments, including mainframe, AS/400, client/server and the Internet.

Domain Experience:

Banking & Financial Services

Wholesale Banking:

• Treasury Services
  
• Cash Management
  
• Payroll Solutions
  
• Enterprise Portal Solutions

Retail Banking:

• Teller Services
  
• Customer Care
  
• Online Banking
  
• Deposit Services

Investment Services:

• Asset & Portfolio Management
  
• Retirement Products
  
• Private Banking

Consumer Lending:

• Mortgages
  
• Loans

Capital Markets

Investor Services:

• Securities Lending
  
• Asset Servicing
  
• Investment Accounting
  
• Benefits administration
  
• Corporate Actions

Investment Banking:

• Risk Management
  
• Clearing and Trading Systems
  
• Derivatives Trading

Trust Services:

• Clearance & Settlement
  
• Collateral Management
  
• Structured Finance
  

The Financial Services practice at Teamsoft is led by domain experts in the areas of Banking and Capital Markets. The technical consultants and business analysts have been instrumental in establishing Centers of Excellence and addressing specific pain areas in the industry such as Basel II, Reference Data, Check 21, and Separately Managed Accounts.

The depth of experience and a constantly updated repository of reusable components and best practices help us respond rapidly and accurately to any customer situation or need.