iNautix, an affiliate of Bank of New York Mellon Corporation & Pershing LLC , is firmly focused on the financial services industry. Through our products and services we offer global technology solutions to a wide range of financial institutions. Our products are recognized for their reliability, performance, response time, user friendliness, and technical support. Our development center in Chennai is a world-class facility and is staffed by a team of 1600 highly motivated technology professionals. We started our operations in June 2000 and today we have grown to 1600 software professionals and our target is to have around 2100 professionals on board Dec by 2007. Pershing LLC is a leading global provider of clearing and financial services outsourcing solutions to more than 1100 institutional and retail financial organizations and investment advisors who collectively represent 5 million individual investors. Pershing LLC is a part of BNY Securities Group and a subsidiary of Bank of New York Mellon Corporation.Bank of New York Mellon Corporation is a global leader in securities servicing for issuers, investors, and financial intermediaries. The Bank of New York Mellon Corporation plays an integral role in the infrastructure of the capital markets, servicing securities in more than 100 markets worldwide. Its primary businesses include securities servicing and global payment services, private client services and asset management, corporate banking,

global market services, and retail banking. To meet our manpower requirements, we are looking for bright, technology driven, highly communicative and team oriented associates, to be part of our expanding family.

iNautix Technologies India Private Limited is a group company of Bank of New York Mellon - a leading financial services provider. We provide technology development, business & technology operations and remote infrastructure management services for BNY Mellon and its subsidiaries iNautix also develops and delivers comprehensive technology solutions and software development products for customers of BNY Mellon. Leveraging the resources based in Chennai and Pune, India, our parent organization BNY Mellon and other subsidiaries benefit from the proven track record of our more than 5000 consultants, analysts, and technologists. 

Our Mission Deliver service excellence and

innovative solutions Foster a collaborative work

environment that values inclusion and offers associates, opportunity for growth and recognition

Deliver insights in shaping the future of our industry

Support our local and global communities

For a consistent fourth year, iNautix has been recognized as one of India's Top 50 Best Companies to Work For, 2013 - in a survey conducted by the Great Place to Work Institute, India and The Economic Times.

At iNautix, we strongly believe that it is our people who power our success. We believe in a collaborative and open work culture were out-of-the-box ideas are encouraged, competitive spirit is challenged and inventiveness applauded. iNautix provides its associates with the right tools & resources and individualized guidance from mentors and leaders to help them achieve their

professional goals. Also, at the center of it all is a culture of inclusiveness and mutual respect where diversity is embraced and uniqueness appreciated.

Our OrganizationA Legacy of Success

As an innovation-focused company, we specialize in providing insightful and new age technology solutions to help meet our clients' business needs end-to-end. Since our inception in 2000, we have maintained a relentless commitment to develop products & solutions that are designed to improve operational efficiencies , make planning more dynamic & realistic, monitoring & evaluation simple, risk-free & methodical, increase productivity, enhance delivery performance and ensure success for our clients.

As a distinguished industry leader with a proven track record of success, iNautix excels at offering exceptional one-to-one services and innovative technological insights that matter. Guided by a client-first business philosophy from our parent organization, our unique spirit of creativity and innovation allows us to offer services that make our clients' businesses thrive and grow.

iNautix operates out of three world-class facilities in Chennai & Pune - 1.73lakh sq.ft. at Tidel Park, 1.85 lakh sq.ft. at Ascendas and 3.58 lakh sq. ft at Magarpatta SEZ, built to International specifications with the latest in ergonomic, employee-friendly amenities. Our 5000+ associates form a virtual extension of our client teams and work in tandem in developing game changing products and solutions that add value to business. 

Our ExpertiseCutting-Edge Technology Services

Application performance, availability and response times are critical factors for success in the constantly evolving and highly competitive capital markets. Our team of highly knowledgeable experts and professionals have deep domain experience that gives them a thorough understanding of the business parameters that drive the financial services sector. This helps us to deliver fully integrated,

end-to end solutions that give our related companies, an edge over the competition.

We have expertise in building a wide array of financial systems including broker customer management platform, asset movement systems, back office processing systems, advisor platforms, retail client platforms and institutional platforms. We believe in creating touch points across the spectrum of interfaces to give institutions and individuals ease of use and drive businesses to higher levels of efficiency.

Our organization resonates to a higher calling in developing our people capabilities with separate program management, project development, and people management functions. Our competence lies in bringing together the finest talent in the market and seamlessly integrating technology, strategy and innovative methodologies to craft customized solutions for our clients.

Best PracticesA Tool Driven Approach to Project Management

At iNautix, improvement is an ongoing phenomenon and this is made possible by the best practices on the process front. iNautix is assessed at SEI- CMM Level 5.

End To End Automation

The people living within the quality culture must be supported by an infrastructure of systems, training, measurement and total organizational involvement. At iNautix, the entire process framework has been implemented with the help of tools. Product and project management, configuration management and metrics happen through these automated channels. Online libraries for process and project documents are maintained. 

Managing by Measurements

Quantitative measurement spells "Omnimetrics" at iNautix. The entire process of collecting data, organizing and depicting the information graphically for statistical analysis and generating reports is achieved with the help of this tool. The cumbersome tasks

of metrics collection, analysis and presentation are made easy with the usage of this tool.

BenefitsHave Fun Being Excellent

iNautix offers the associates an opportunity to work with the most talented and knowledgeable professionals in the industry in a work environment that is diverse, flexible, supportive and enjoyable. We foster a collaborative culture based on teamwork where each associate gets a sense of belonging to the larger iNautix Family.

We recognize people for their individual performance and make sure that high performance is rewarded consistently. Besides recognizing the high performers and extraordinary efforts, we also make sure that proper tools and practices are in place for the associates to achieve their professional goals.

We firmly believe that cultural activities, outings and fun events go a long way in promoting healthy interaction within the organization and creating a stress-free environment and we make sure that such activities form a part of associate's work life at iNautix.

At iNautix, we promote a culture of learning and encourage associates in their quest for knowledge and skill development. Besides our in-house training programs for associate development ,we actively encourage our associates to pursue further education while working. We endorse continuous learning and encourage our people to grow their careers. We have tie-ups with few of the best institutes that offer part-time degree programs for our associates.

We also promote several in-house programs to bond with our associates' families. These programs help to address the educational needs of the associate's family and also provide an insight into our daily work life.

We operate out of world class facilities in Chennai and Pune that provide the best infrastructure and amenities for the ease of our employees. 

iNautix Community Services

Services

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Leading Through Innovation

iNautix is renowned for willingness to challenge established practices and provide innovative approaches to projects. iNautix combines technical expertise with agility, experience, value, and flexibility to deliver technological solutions. iNautix is committed to the principles of ethical behavior and demonstrates the highest levels of quality, professionalism and service reliability in every endeavor.

Application performance, availability and response times are critical factors for success in the highly competitive financial market. To ensure a prompt service response in today's rapidly changing market situations, the entire iNautix team works as a unified whole from start to finish by pooling their extensive domain experience & technology expertise to provide a competent range of service offerings including 

- Full Life-cycle Application Development - Infrastructure Hosting Services- Human Factors Engineering- Product Validation Services- Financial Systems Reengineering- Technology Consulting- Automating Processes- Datawarehousing and Business Analytics

Our Service Philosophy

iNautix is a vital arm of Client Technology Solutions at BNY Mellon. In developing innovative technology solutions, we put clients at the center of everything we do. Through a collaborative effort, we partner with our clients to help them

achieve their business goals. We are committed to continuously delivering excellence by improving performance, functionality and cost-effectiveness of our services We empower our clients with our technological expertise and knowledge management capabilities that gives them the edge to focus on their core businesses.

Taking great pride in the confidence and respect that we have earned, we relentlessly strive to improve the range and depth of our services.

Quality FocusA Passion for World-Class Quality Standards That Has Fueled Unprecedented Success 

If there is one universal hallmark of iNautix, it is our unwavering commitment to the highest quality standards in every endeavor. At iNautix, we have and will always continue to maintain our strong dedication to being the best customer-centered organization in our industry by embracing a peerless quality culture that incorporates a continuous improvement in methodologies, processes and policies. With institutionalized quality procedures and a constant flow of feedback from our practitioners, we consistently upgrade and improve our existing framework. The process improvement cycle has been further enhanced by bringing in the global best practices from the industry and quality models like CMM, PCMM, and COBIT are also being implemented.

Our pledge to quality is embraced at all levels of the organization and we firmly believe that our quality systems constitute one of our most valuable organizational assets.

CMMCapability Maturity Model (CMM) for software provides software organizations with guidance on how to gain control of their processes for developing and maintaining software, and how to evolve towards a culture of software engineering and management excellence.

PCMMThe People Capability Maturity Model (P-CMM) measures how effectively an organization manages its professional force. The motivation for the P-CMM is to radically improve the ability of software organizations to attract, develop, motivate, organize, and retain the talent needed to steadily improve software development capability.

End-To-End AutomationThe people existing within a quality culture must be supported by an infrastructure of systems, training, measurement and total organizational involvement. Recognizing this requirement, the entire process framework at iNautix has been implemented with the assistance of tools.

Managing By MeasurementsQuantitative measurement spells "Omnimetrics" at iNautix. The entire process of collecting data, organizing and depicting the information in charts for statistical analysis and generating reports is achieved with the help of this tool.

Product LifecycleAt iNautix our relentless pursuit for perfection is powered by structured processes and methodologies. Software development follows the Pershing Project Life Cycle (PPLC) or BNY Mellon Software lifecycle model as appropriate. Compliance to the life cycle model is an effort to deliver high quality solutions to our customers on time, on budget and to specifications

Software Quality Management

The Software Configuration Management group at iNautix ensures that quality assurance oversights and controls are in place in order to deliver quality, timely, cost-effective solutions. At iNautix, the need to deliver reliable, secure, usable and functional (defect-free) software is recognized and Software Quality Management strives to achieve this task.

The Software Quality Management group is functionally divided into:

- Quality Assurance (QA)- Distributed Software Configuration Management (DSCM) and- Change Management (CM)

Quality Assurance (QA)

All QA operations are designed to ensure delivery of desired, reliable and trustworthy products. Primary responsibility of the group includes defect detection, reporting and involvement in the early stages of the SDLC (Software Development Life Cycle) thereby contributing towards defect prevention as well.

In addition to enabling end users to participate in testing, the following types of testing are carried out:

- Installation Testing- Functional Testing- Operational Testing- Performance Testing- Recovery Testing- Data Integrity Testing- Documentation Testing

- Regression Testing- Automated Testing

Distributed Software Configuration Management (DSCM)

DSCM ensures the integrity of a software product and makes its evolution more manageable in the software product life cycle. DSCM operations provide software configuration management in software projects thereby providing many benefits including: 

- Increased development productivity, - Parallel development, - Better control over the project, - Source code reusability, - Better project management, - Reduction in errors and bugs, - Faster problem identification and bug fixes, and - Improved customer goodwill.

Change Management (CM)

Change Management plays a vital role in a Project's Life Cycle. It not only manages the numerous changes to a project's source code done over a period of time but also maintains inventory of all the changes, enabling the organization to maximize the successful distribution of packages across various platforms.

Quality A Way Of Life- iNautix focuses on effective collaboration and win-win solutions, and delivering top value and service for each and every customer is the foundation of our business. Our solid quality standards are unparalleled & we believe in continuously striving for the highest levels of quality by approaching every project with the same intensity and dedication needed to produce consistently superior work.

 

Technology Focus Exploring New Frontiers from the Client's Perspective

Passion for exploring new technology and the freedom to pursue that passion is what keeps iNautix technically current and growing. Our technology specialists are constantly upgrading their competencies through rigorous training programs to solve complex business issues with speed and skill.

Driven by valuable expertise in existing and emerging technologies we have the potential to build teams in existing or new technology areas with relative ease. 

Category Technologies

Operating Systems UNIX, Windows, MVS

Architecture Platforms Java EE, .NET

Languages C, C++, VC++, C#, JAVA

Mainframe COBOL, CICS, VSAM

Databases ORACLE, Sybase, SQL Server, DB2

Application Server

iNautilus (Proprietary), WebLogic/ WebSphere

Web Technologies

Servlet/JSP, JSF, XML,AJAX, RIA

Component Technologies EJB

Testing Tools WinRunner, LoadRunner

Middleware MQ Series, CORBA, PCFN (Proprietar

The Bank of New York Mellon Corporation (NYSE: BK), commonly referred to as BNY Mellon, is an American multinational banking andfinancial services corporation formed on July 1, 2007 as a result of the merger of The Bank of New York and Mellon Financial Corporation.[2] The company employs more than 48,700 staff up to Dec 2011 worldwide [1] and has over US$1.4 trillion in assets under management and US$27.69 trillion in assets under custody and administration thereby being the largest deposit bank in the world.[3] It operates in six primary financial services sectors including advisory services, asset management, asset servicing, broker-dealer, issuance services, treasury services and wealth management.[4] It is the oldest banking corporation in the United States, tracing its origins to the establishment of the Bank of New York in 1784 by Alexander Hamilton.

WEALTH MANAGEMENTAs one of the nation's leading wealth managers, BNY Mellon Wealth Management delivers world-class capabilities tailored to the clients we serve:Wealthy Individuals and Families Family Offices Planned Giving Programs

Endowments and Foundations Professionals and Institutions  that advise our mutual clients.

Innovation and Discipline

Combining a foundation of rigorous discipline with the innovation that distinguishes our 228-year history, we have developed unique insights to act on the new financial landscape's risks — and opportunities. With the vast capabilities of BNY Mellon and the care and commitment of a firm dedicated to serving private clients, we put our strengths to work — from investing, to customizing integrated wealth strategies, to understanding and serving you as if you were our only client.

Client Relationships that Endure

Our ability to apply our skills and capabilities consistently, expertly and personally has brought us the success that matters most to us: highly satisfied clients and enduring client relationships, across market cycles and generations.

INDUSTRY

SOLUTIONSBNY Mellon provides specialized services to specific industry segments. We have customized our investment management and investment services offerings to meet the distinct needs of the following industry segments.

BanksBroker-DealersConsultantsEMEA Insurance CompaniesEuropean PensionsInsurance CompaniesInvestment ManagersSovereign Institutions U.S. Federal GovernmentU.S. Retirement Plans

The BNY Mellon Solution

BNY Mellon has an in-depth understanding of the broker-dealer industry. We know the complexity of your challenges, competitive pressures and potential for growth. We have developed solutions that can help unlock that potential and achieve your goals. Many broker-dealers benefit from our approach and we are a service provider for 17 of the 21 primary dealers of U.S. government

securities. Additionally, Pershing*, a BNY Mellon company, is a leading clearing firm in the U.S., UK, Ireland and Australia. That is a strong indication of just how well we know broker-dealers and of our global business reach.

Putting Our Solutions to Work

As a world-leading investments firm, BNY Mellon offers a full range of investment strategies and vehicles while delivering services that can strengthen risk management, improve transparency and enhance operational efficiency.

The BNY Mellon Solution

BNY Mellon is a leading investments firm focused on helping insurance companies manage and service their investments. Globally, we provide a range of solutions to 75 percent of the top 100 life insurance companies and to 70 percent of the top 50 property and casualty companies.1

Drawing on the multiple asset capabilities of our investment management boutiques and our comprehensive range of investment services, we collaborate with insurance

companies to deliver relevant and sustainable solutions designed to match your unique requirements, including:

Diversified and focused investment styles

Capital and wealth management

Risk management and analytics

Treasury and liquidity management

Distribution

Information management

ABOUT FORESIGHTWhether it's economies, markets or how you deploy your assets, the investments world is shifting and recalibrating. ForeSight is a place where BNY Mellon will share our perspectives, advice and ideas about the changing financial markets landscape. This is where our leading authorities will offer their insights about emerging trends and areas of opportunity. We help you make sense of it all, so that you, your business and your clients can be more successful. ForeSight is divided into five key categories:INVESTMENT STRATEGIESInvestors continue to be challenged globally as developed economies navigate between austerity and economic recovery. Against the backdrop of broad regulatory and policy trends, our Investment Strategies section examines new investment opportunities

across asset classes and geographies.MARKETS AND ECONOMYThe credit crunch restricted liquidity across all markets, forcing investors and businesses to find alternative means of financing, lending and leveraging. The Markets and Economy section is where we share our broad perspectives on the opportunities available to investors looking to take advantage of the new environment, as well as how businesses can best navigate this evolving landscape.RETIREMENTDemographic and financial trends suggest that the next generation of retirees will be inadequately funded for personal retirement — an issue that will impact all economically developed nations. Our Retirement section will track how defined contribution plans are investing to fill the pension gap, the latest investment strategies to help meet liabilities, and how public and private pension funds are preparing to meet this growing challenge.

REGULATIONSince the financial crisis of 2008, it is clear that the outlook on regulation has shifted. Regulation has added complexity to our business, your business and the markets. Visit theRegulation section for our latest views on how different economies are reacting to changing regulation and its impact on financial markets and business operations globally.RISKRisk appetites have evolved and investors are looking for new investment opportunities that reflect this revised tolerance. There is a heavier focus on the systems and processes that need to be in

place to help safeguard and diversify assets. Our Risk section includes advice from across our businesses about how to manage and mitigate risk.

INVESTMENT SERVICESBNY Mellon Investment Services provide a full range of operational solutions that enable you to efficiently conduct business, invest assets and engage in transactions in markets around the world. Our dynamic mix of Investment Services can help you strengthen risk management, improve transparency and enhance operational efficiency.

The BNY Mellon Solution

As a world-leading investments company, we provide services at every phase of the investment lifecycle. Whether you are looking to create, trade, hold, distribute or restructure assets, we can help. Our expertise also extends to cash management and global payments solutions that enable you optimize cash flow throughout a full range of global business transactions.

Our Investment Services

With our unparalleled understanding of investment services, we have developed the capabilities that help power your success.

Provide Access to Capital and Liquidity

Corporate Trust Depositary Receipt Services Global Collateral Services

Execution and Processing

Broker-Dealer Services Central Securities Depository Pershing Treasury Services

Servicing Investments

Asset Servicing Alternative Investment Services Data Services Fund Administration

Bank of New York Mellon suffered an 18 per cent fall in fourth-quarter earnings after the custody bank lost $115m on its investment in ConvergEx, the Wall Street broker that was accused by US regulators over its subsidiary “fleecing” clients through hidden fees.Net income fell to $513m, or 44 cents a share, for the three months to December, compared with $622m, or 53 cents a share, in the same period last year. Stripping out the $115m after-tax loss, BNY Mellon earned $628m, or 54 cents a share, meeting analysts forecasts.High quality global journalism requires investment. Please share this article with others

using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/998f8fea-7efd-11e3-8642-00144feabdc0.html#ixzz2r07HoSIR

BNY Mellon has shed jobs and cut costs to deal with continued low interest rates which eat into the profits that custodian banks can earn from their bread-and-butter business of safeguarding billions of dollars worth of customer assets.The company has also expanded its retail business and offers new services – such as managing the collateral needed to back derivatives trades under new financial rules – to try to boost its income in the face of low rates.

Capital markets are financial markets for the buying and

selling of long-term debt- or equity-backed securities. These

markets channel the wealth of savers to those who can put

it to long-term productive use, such as companies or

governments making long-term investments.[1] Financial

regulators, such as the UK's Bank of England (BoE) or

the U.S. Securities and Exchange Commission (SEC),

oversee the capital markets in their jurisdictions to protect

investors against fraud, among other duties.

Modern capital markets are almost invariably hosted on

computer-based electronic trading systems; most can be

accessed only by entities within the financial sector or the

treasury departments of governments and corporations, but

some can be accessed directly by the public.[2] There are

many thousands of such systems, most serving only small

parts of the overall capital markets. Entities hosting the

systems include stock exchanges, investment banks, and

government departments. Physically the systems are hosted

all over the world, though they tend to be concentrated

in financial centres like London, New York, and Hong Kong.

Capital markets are defined as markets in which money is

provided for periods longer than a year.[3]

A key division within the capital markets is between

the primary markets and secondary markets. In primary

markets, new stock or bond issues are sold to investors,

often via a mechanism known as underwriting. The main

entities seeking to raise long-term funds on the primary

capital markets are governments (which may be municipal,

local or national) and business enterprises (companies).

Governments tend to issue only bonds, whereas companies

often issue either equity or bonds. The main entities

purchasing the bonds or stock include pension funds, hedge

funds, sovereign wealth funds, and less commonly wealthy

individuals and investment banks trading on their own

behalf. In the secondary markets, existing securities are

sold and bought among investors or traders, usually on

an exchange, over-the-counter, or elsewhere. The existence

of secondary markets increases the willingness of investors

in primary markets, as they know they are likely to be able

to swiftly cash out their investments if the need arises.[4]

A second important division falls between the stock

markets (for equity securities, also known as shares, where

investors acquire ownership of companies) and the bond

markets (where investors become creditors).[4]

The money markets are used for the raising of short term finance, sometimes for loans that are expected to be paid back as early as overnight. Whereas thecapital markets are used for the raising of long term finance, such as the purchase of shares, or for loans that are not expected to be fully paid back for at least a year.[3]