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Profile
Telesis Global Solutions Ltd, is
a leading business consulting and technology solutions
provider to Banks and Financial Institutions in North
America, Europe, APAC, Africa and Middle East. For over eight
years, Telesis has applied its in-depth domain expertise in
Core Banking, Business Intelligence, Risk Management,
Regulatory Policies and Operations and leveraged its
off-shore development capabilities to successfully deliver
innovative and cost-effective products and project-based
solutions for leading global institutions in several
operational areas that include Business Intelligence and
Employee Management & Relations. In addition, current areas
of focus include Risk Management Consulting and framework
definition for Basel II compliance.
Telesis present solutions, services and product portfolio
includes -
· Risk Management Solutions
The usage of modern risk management practices and the
requirements set in the new Basel Accord have important
implications in both Developed and Emerging Markets. With the
proposed changes that touch upon many aspects of banking and
many different kinds of risk, supervisors have been trying to
prepare for the assessment of banks’ internal risk management
models, and regulators, especially in emerging economies, are
facing ever more complex challenges- especially
operationally. Telesis brings to the Financial Sector,
software framework and consulting solutions for Assessing,
Managing and Supervising Risk. Telesis uses its several
person-years of experience to address key challenges that
regulators and supervisors are experiencing in risk
management, including the expected impact of the future Basel
II Accord on developing countries. For instance, lets take
Operations Risk - Operational risk is posed by procedural
errors, computer and network crashes, service or product
quality lapses, fraud, failure to comply with regulations or
company policies, or shifting political landscapes – all very
subjective and non-arithmetic in nature. Operations risk has
been an inherent part of banking transactions and has been in
the back of the mind of all bankers for generations but not
always well recognized as a separate threat and mathematical
models have rarely been tried for understanding, measuring,
mitigating and limiting exposure to Operation risk. Telesis’
operations risk framework is built on the firm experience of
its banking domain experts who bring with them several years
of experience at senior managerial levels of managing risk in
large multinational banks like Standard Chartered Bank and
consulting organizations like Anderson.
Broadly the solutions can be categorized under -
· Market Risk
· Credit Risk
· Operational Risk and
· Solutions for Basel II compliance
Products
The range of products in Telesis was visualized and
developed to meet the needs of global banking for retail,
corporate, investment and private banking environments. Over
the past seven years, our products have grown and are
providing a comprehensive range of ideal banking and
financial services solutions for major banks all over the
world. Complex processes and operations drive the extended
enterprise especially in the BFSI sector where the regulatory
compliance issues, data proliferation and sheer numbers make
the operations more difficult and less transparent. Thus,
their very complexity can result in inefficiencies and
errors, which when identified and solved before they occur,
would result in significant savings in terms of time and
money.
Telesis' products enable executive users to monitor key
corporate performance metrics that span different
applications - even corporate boundaries - and alert users
whenever "need-to-know" events occur or fall outside of
pre-defined parameters.
Services
Telesis firmly believes that people hold the key to the
success of any venture, more so in specialized areas like
Financial Risk Management and Basel II compliance where the
guidelines are so broadly defined that they are subject to
regulatory interpretation at the country level and individual
interpretation at the bank (personnel) level. Strategy
consulting services, from Telesis’ Business Consulting unit,
focuses on defining, optimizing, and aligning our customer's
business and IT strategies with respect to their markets. Our
business consulting team consisting of several bankers of
repute has provided strategic planning, technical assistance
and implementation support to dozens of leading banks and
other financial institutions. For instance the Risk SBU is
headed by one of the former heads of Countrywide Risk
Management Unit of one of the top 5 banks in the world, who
brings to Telesis and its customers his rich experience along
with the best practices for measuring, managing and
mitigating operations risk.
Organizations realize that strategic investments in new-age
technology could accrue considerable business benefits.
Telesis helps evolve scalable and modular architecture based
on solutions that can deliver the envisaged customer
requirement with built-in back-up procedures and disaster
recovery systems. The evolved strategy also addresses the
formidable challenges of migrating existing data (voluminous,
in most cases) and integrating legacy systems for seamless
interface with the newer modules. Our consultants are
available at hand to ensure that the technology personnel
requirements of companies can be met immediately for short,
medium and long-term assignments in most geography and in
most technology platforms.
With a view to increase client companies' resource
productivity, Telesis constantly seeks better ways to use
resources; efforts, materials and money by adopting
integrated design practices, new technology, creativity and
efficient project management. Our consultants help companies
redesign facilities, processes and products and gain maximum
mileage. We also help our clients recognize and prevail over
organizational and market barriers such as disincentives,
counterproductive policies and corporate-cultural apathy.
Broadly our Service offerings include -
· Business Consulting for Best Practices for Basel II
Compliance
· Business Consulting for Holistic Risk Management
· Technology consulting for
· Information Security as per BS: 7799
· Business Continuity Planning and Disaster Recovery Services
· IS and IT risk management as per Basel II compliance norms
· Outsourcing and Offshoring services for BFSI
· IT department outsourcing
· Bespoke Development for BFSI sector
The company is headquartered in Los Angeles, USA with offices
in Mumbai and development offices in Chennai, India.
Products
· NetCAST
· GBA
· IHRIS
NetCAST, our corporate dashboard and Business Intelligence
application for example, ensures relevant data for immediate
decision taking process. This results in significant
time-to-decision time lines, improves the forecasting ability
of the enterprise systems and provides a parameterized data
structure for immediate action.
GBA, the Government Business Application enables transfer of
Funds, Consolidation, Commission Calculation, Interest
Calculation, Pension Processing, Reports and Scrolls in any
defined format.
IHRIS is a fully web-enabled Human Resource Management
system, built keeping banking organizations in mind.
All our products operate under the highly secure yet flexible
environment, to ensure confidentiality of financial
transactions. Our product suite offers plug and play products
that can be effectively integrated with existing systems and
external product processors to deliver online real-time
results by efficiently integrating multiple heterogeneous
systems and enables easy transaction processing. With a
proven track record of delivering quality products, our
offerings are available through direct selling, hosted ASP
services and pay-as-you-use services.
Contact
Information
www.telesistechnologies.com
or call on +91-44-24611972/73 for further details.
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