In a highly competitive Financial Services environment, regulatory requirements and accounting changes share “top priority” status with customer satisfaction and risk management. Through our proven expertise in offering financial services outsourcing solutions, we have helped some of the largest financial institutions in the world achieve operational efficiencies while allowing them to focus on core business activities such as increasing assets under management, creating wealth, ensuring regulatory compliance and expanding customer relationships.

Augmenting domain knowledge with flexible and responsive service, we add value to our financial institution clients’ operations, boosting efficiencies while driving down the cost of doing business. Our expertise in financial services outsourcing solutions covers major industry segments including Securities and Investments; Banking, Credit and Payments; and Insurance.

End-to-End Financial Services solutions
We provide organizations a full spectrum of Financial Services and Banking solutions. Some key IT services include:

• Portfolio Accounting and Reporting
• Legacy Maintenance and Re-engineering
• Performance Analytics and Management
• Business Systems Management
• IT Consulting
• Business Process Outsourcing
• Application Development / System Integration
• Infrastructure Management Services
• Markets in Financial Instruments Directive(MiFID)

We partner with Financial Services clients in a variety of engagement models, based on their requirements.

Offshore Development Center (ODC) Relationships
We enjoy long-term relationships with valued clients such as a major mid-west bank, a subsidiary bank of a large insurance company and a large mutual fund, for all of which Patni provides a range of services.

Project-based Engagements

• Application development and maintenance for NETBANK
• Providing connectivity infrastructure for a global broker/dealer
• Portfolio management system for an investment manager
• Futures trading system for an institutional investment manager
• Verification & Validation strategy and execution for a hedge fund administrator
• Enterprise architecture planning for a global asset manager
• Performance attribution reporting for a mutual fund company
• Global straight through processing for an institutional investment manager
• Program trade automation system for e-Crossnet
• Web-enabled credit solutions for the world’s largest online auction site.

BPO Engagements in Banking Solutions and Financial Services Outsourcing

• Internet based 401(k) TPA
• Credit Card Application Processor.