Financial Services

Application Portfolio Analysis Solution

Leading financial services firm saves an estimated US$25 million annually

A leading financial services firm leveraged our comprehensive application portfolio analysis to define an objective portfolio rationalization strategy.

Application portfolio rationalization for a large financial services provider

A privately held financial services conglomerate turned to Infosys to rationalize over 300 applications in its information system (IS) portfolio within eight weeks.

Data Quality Management Solution

Migration of legacy data management systems

A large financial services company required better data access and management mechanisms to provide enhanced services to its customers. Infosys ensured seamless transition to newer technologies, enabling faster response to business changes and faster time to market.

IT - Shared Services

Shared services in operations of a global wealth management, investment banking, and securities firm

A leading global wealth management, investment banking, and securities firm wanted to enhance the capacity utilization of existing resources without compromising on the service quality. Infosys helped the company restructure its operations that spanned ... multiple locations, in order to achieve efficiency. Our solution leveraged inherent synergies between sub-processes in terms of the applications used, personnel skill sets and complementing volume trends, and merged them. It enhanced capacity utilization by 15% and increased utilization of existing resources by 25%.

Shared services in IT for a global bank

A global bank with operations in more than 70 countries sought to reduce costs through better use of processes, tools and people. The bank wanted to adopt an effective business measurement system and a governance model to enhance... production service levels. In addition, it wanted to accelerate time to market and provide more reliable solutions to end users. Infosys consolidated portfolios across various lines of business using the shared services model. We helped the bank improve productivity and system availability, and reduced costs by 30%.

Payments Solution

Money movement automation

A leading Fortune 500 company realized that its money movement function was hindering the implementation of changes across lines of business. The company wanted a flexible platform to adapt quickly to market trends and regulatory compliance. The Infosys solution... created a centralized repository of information, improved risk- and fraud-detection capabilities, and reduced the time for customer payments. We also implemented least-cost routing and developed a rule-driven and highly scalable payment scheduler.

Published with permission of Standard Chartered Bank. The case study was originally published in Standard Chartered Bank's Guide to Working Capital Management 2009 / 2010.

Application portfolio redesign for payment solution provider

The world's leading payment solutions services provider partnered with Infosys to decentralize IT ownership and design a future-state IT portfolio.

Process Standardization

Operations process standardization for an asset management and securities services company

An asset management and securities services company wanted to enhance the management, administration and supervision of its siloed critical operation processes in multiple locations. Infosys helped the company synthesize its solutions... to standardize processes. Our solution increased productivity, reduced turnaround time (TAT), and ensured a reduction in the headcount by 15%.

Testing

Testing center of excellence for a global bank

A global bank with operations in more than 60 countries faced challenges to meet its increasing IT / testing demands. It incurred huge costs due to the lack of standard processes, low levels of automation and multi-vendor implementation. Infosys... established a testing center of excellence (TCOE) and developed a governance structure to monitor and measure performance. We leveraged our testing solutions such as Infosys Test Automation Accelerator (ITAA) and the TCOE framework in projects. The new test environment helped the bank achieve 99% defect removal efficiency and reduce quality assurance costs by 40%.

Financial services major accelerates deployment time of investment management with test automation

A leading financial planning, asset management and insurance company used ACCORD, the Infosys regression testing solution, to deploy a robust testing mechanism and reduce time and effort in deploying the investment management system.