The global banking division of HSBC has gone live with the implementation of Brilliance Financial Technology’s DealPoint client profitability and portfolio management tool, a credit portfolio management platform and relationship profitability desktop application.
According to Brilliance, DealPoint is a credit portfolio management platform that delivers credit analytics enabling banks to evaluate the risk-adjusted return of corporate loans and other credit products; manage customer profitability and manage credit portfolios.
It said that the flexible architecture of DealPoint allows it to be integrated with both third party and in-house developed systems. The DealPoint desktop delivers credit analytics to relationship managers, portfolio managers and decision makers with a web-based interface.
Derek Saunders, global head of portfolio management for global banking division at HSBC, said: DealPoint enables us to seamlessly integrate deal and relationship risk return measures with our in-house models and Moody’s KMV DealAnalyzer, CreditMark and Portfolio Manager products in a standard deal and relationship profitability application delivered through a single desktop platform.
Christopher Grant, CEO at Brilliance Financial Technology, said: Our script based calculation engine and meta-based architecture gives us the flexibility to meet different client requirements such as HSBC’s and implement solutions in a rapid timeframe.
Founded in 2004, Brilliance has become a global leader in providing credit portfolio management and pricing platforms with clients in Europe, USA, Japan, Singapore and Australia.
