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Financial Services

Overview

With a dedicated focus on Financial Services, we are well positioned to take on a wide variety of IT challenges in this domain. Our expertise in Hedge Funds and Investments Banks means we hit the ground running at our clients, reducing project costs, timescales and risks. With our industry facing Center of Excellence, we can provide services in the areas of Bespoke Application Development, Mobility and Production Support. All backed by our Onshore-Offshore based delivery model, which allows our clients -to minimise costs and maximise operational efficiencies.

Our focus segments includes

  • Trade capture and booking
  • Trade processing and STP
  • Integration using FpML, FIX, SWIFT
  • Managed Accounts
  • Industry standard  and custom trading applications
  • Risk Reporting
  • P&L Calculation
  • Trade Compliance
  • Reconciliation
  • Back Office Integration
  • Fund Reporting

We operate on flexible engagement models utilising an Onshore-Offshore approach with Time & Material, Fixed Price and Hybrid pricing structures.

 
Services

WHISHWORKS has a high standard of expertise in financial services. We have dedicated teams to provide varied services in this sector and it has been our strength throughout. We provide our services and specialise in the following areas

Integration

Our solutions support both data and functionality sharing across applications, thereby allowing business to maximise the benefit out of their legacy systems, yet keeping them loosely coupled.Our solutions add value by integrating legacy systems using best of technology frameworks to assist business-critical operational functions. Data shared across platforms can be used in a controlled manner to reduce redundancy and increase consistency.

Support and Maintenance

Existing applications require a lot of attention to make sure they continue to deliver the same value throughout their life cycle. We provide support services for application and infrastructure maintenance to minimise the focus on existing solutions and help companies concentrate on their business. As part of the continual improvement process, that is the driving factor for our innovation, we build in automated solutions to do health checks and report on a periodic basis.

Reconciliation and Reporting

Lack of collaboration between analogous reconciliation processes can result in an increase in operational costs and introduce errors. It also leads to reduced efficiencies due to duplication of work and non-streamlined processes. Our solution to this problem is simple - identify and report. Our tools built by partnering with business and subject matter experts, help to reconcile and report the data for comparison and tally purposes. Early identification of the problems and reporting them helps business teams quickly fix the data issues and reduces reconciliation challenges in the long run thereby increasing operational efficiency.

Bespoke Application Development

Having a good understanding of the domain helps us understand our client needs better. We strive to deliver value by proactively taking up operational challenges and building custom solutions to address them. Our custom solutions are flexible and feasible, as the functionality is completely built for the business users to increase their productivity, minimise costs and maximise benefits.

 
WHISHWORKS Edge

In the last few years the IT industry has changed at very drastic pace. To name a few - Cloud Computing, Enterprise Mobility, Software as a Service, Application Integration have all had a significant impact on the way businesses operate and generate profits. This is where WHISHWORKS has been most effective. We have vigorously adapted to this change, developing leading edge solutions and products for our clients across Financial Services, Product Engineering and Strategic Partners.

Our advantage

  • Surrounded by a large number of educational institutions, which produce thousands of well qualified engineers every year
  • Excellent ecosystem with many world class innovative companies in the vicinity (like Bank of America, HSBC, Wells Fargo, Google, Facebook, Amazon, Microsoft, IBM, Accenture etc)
  • Access to a large pool of technical and business skills
  • Onsite, Offshore model providing the best possible cost advantage
  • The benefit of extending your internal IT department, without permanent overheads

 
 

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