HSBC Global Banking Goes Live With 'DealPoint' From Brilliance

The global banking division of HSBC has gone live with the implementation of Brilliance’s DealPoint client profitability and portfolio management tool, a comprehensive credit portfolio management platform and relationship profitability desktop application.

Brilliance Financial Technology is a provider of credit portfolio management systems located in Sydney, Australia.

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. The architecture of DealPoint allows it to be rapidly 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 an easy to use, Web-based interface.

Derek Saunders, global head of Portfolio Management, Global Banking 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. The ability to forecast complex, multiple-level risk-adjusted returns through a single application at the point of origination strengthens our existing commercial decision making capability. DealPoint is being deployed globally to Relationship Managers and across Portfolio Management within Global Banking.”

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Christopher Grant, CEO of 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.”