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Service Offerings
Over the years, we have developed a range of service offerings that suit the
needs of Federal, State and Local governments.
For government agencies, we have the following
offerings:
Central Banks
Financial innovation, deregulation of markets, globalization, IT-related innovations and foray of banks into non-banking areas have not only changed the way banking business is conducted but has also thrown new challenges to central banks. Central banks, in their role as the principal monetary authority and as the ones responsible for ensuring financial system stability, are grappling with new and complex policy challenges as a result of a more dynamic financial environment. It is due to these developments that an increased need for upgrading the IT systems and services in Central Banks has been felt. The basic goal is to ensure that they are able to perform their duties in the most efficient manner and play a more proactive role in ensuring financial stability. In particular the IT services and consulting is intended to help the Central Banks to build solutions (functionally and technically) that are user-friendly, customized, require minimal manual interfaces, enable them to access information on real time basis, perform various types of analytics, create a database for storage of historical information that can be easily accessed, and ensure timely, reliable and consistent dissemination of information.
Satyam’s understanding of the uniqueness of central banking operations and their functions ensures that our solutions meet the specific legal, regulatory, and policy requirements of the industry. Satyam, through the right blend of domain and technical expertise, helps central banks in their decision making process by providing solutions that are futuristic in approach and optimal in cost. Our expertise covers all the core areas of Central Banking operations viz., Reserves Management, Supervision, Currency Management, Payment and Settlement systems, Financial Stability & Surveillance and Debt Management.
Risk-based Supervision
The primary focus of Risk-based Supervision is to proactively anticipate the needs and concerns of the financial sector, take prompt action to protect the health of the financial system and supervise and guide the institutions about the regulatory environment within which they have to operate.
Satyam offers the end-to-end solution in supervision covering every aspect of onsite inspection, offsite surveillance and market intelligence in accordance with the international best practices. An integrated business intelligence platform helps the central banks constantly evaluate and monitor the health and key performance indicators of the banking system, the liquidity position and the adherence to prudential norms. This solution also helps study the correlation between the growth of the various sectors in the economy with the growth in the exposure of banks to these sectors. These key analytics and early warning signals can help regulators spot the erring banks well in time and ensure the much-needed systemic integrity.
Risk Management for Reserves
Management of foreign exchange reserves is one of the key functions of the Central Banks. Foreign Reserves are usually invested in multi-currency, multi-market fixed income portfolios with safety, liquidity and capital preservation of funds being the prime objectives.
To ensure appropriate risk management framework in place, Satyam’s comprehensive Risk Management solution is intended to perform typical middle office function such as portfolio measurement and evaluation; measurement, analysis and reporting of market risk; portfolio simulation etc., for supporting key investment decisions.
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