Statestreet HCL Services Interview Questions, Process, and Tips for Experienced

Q1. Accounting concepts
Add your answer
Q2. Fund accounting and Investment banking, derivatives
Add your answer

Q1. What is Trade life cycle
Ans. 
Trade life cycle refers to the stages involved in the execution and settlement of a trade.
• Trade initiation: The trade is initiated by a buyer and a seller agreeing on the terms of the transaction.

• Order placement: The buyer or seller places an order with a broker or exchange.

• Order matching: The broker or exchange matches the buy and sell orders.

• Trade execution: The trade is executed at the agreed price and quantity.

• Trad...read more
Answered by AI
Add your answer
Q2. What is Accrual fees
Ans. 
Accrual fees are expenses that are gradually incurred over time and recorded as liabilities until they are paid.
• Accrual fees are costs that are recognized and recorded in financial statements before they are actually paid.

• These fees are typically associated with services or benefits received over a period of time.

• They are recorded as liabilities on the balance sheet until they are settled.

• Examples of accrual fees inclu...read more
Answered by AI
Add your answer
Q3. Your strength and weakness?
Add your answer
Q4. Salary discussion
Add your answer

Q1. Tell me about your self?
Add your answer
Q2. What is Trade Life cycle
Ans. 
Trade life cycle refers to the stages involved in the execution and processing of a trade.
• Trade initiation: The trade is initiated by a buyer and a seller.

• Trade execution: The trade is executed at an agreed price and quantity.

• Trade confirmation: Both parties confirm the details of the trade.

• Trade settlement: The financial and legal obligations of the trade are settled.

• Trade clearing: The trade is cleared through a clea...read more
Answered by AI
Add your answer
Q3. What is mutual fund
Ans. 
A mutual fund is an investment vehicle that pools money from multiple investors to invest in a diversified portfolio of securities.
• Mutual funds are managed by professional fund managers.

• Investors buy shares in the mutual fund, which represent their ownership in the fund's assets.

• Mutual funds offer diversification, as they invest in a variety of stocks, bonds, or other securities.

• They provide an opportunity for small in...read more
Answered by AI
Add your answer
Q4. What is accrual fees
Ans. 
Accrual fees are charges that accumulate over time and are recorded as liabilities until they are paid.
• Accrual fees are expenses that have been incurred but not yet paid.

• They are recorded as liabilities on the balance sheet until they are settled.

• Accrual fees are common in industries such as finance, legal, and consulting.

• Examples of accrual fees include accrued interest, accrued legal fees, and accrued consulting fees
Answered by AI
Add your answer

My Aptitude test clear first attempt

Q1. Tell me about your self
Add your answer
Q2. Educational background
Add your answer
Q3. Family background
Add your answer
Q4. Strength and weakness
Add your answer

Basic questions about investment banking and accounting concepts

Q1. Interview questions regarding accounting and finance
Add your answer

Q1. Self intro and other questions includes about trending topics in India
Add your answer

Q1. Recon basics and multiple financial products
Add your answer
Q2. To explain the financial products,and explain how it's process on.
Ans. 
Financial products are instruments that help individuals and organizations manage their money and investments.
• Financial products include savings accounts, stocks, bonds, mutual funds, and insurance policies.

• The process of financial products involves researching, selecting, purchasing, and monitoring investments.

• Investors must consider factors such as risk tolerance, investment goals, and time horizon when choosing fina
Answered by AI
Add your answer

Q1. What's swap and there types
Ans. 
A swap is a financial derivative contract where two parties exchange financial instruments.
• Types of swaps include interest rate swaps, currency swaps, and commodity swaps

• Interest rate swaps involve exchanging fixed interest rate payments for floating interest rate payments

• Currency swaps involve exchanging principal and interest payments in one currency for another currency

• Commodity swaps involve exchanging cash flows b
Answered by AI
Add your answer
Q2. Swaps are common financial product in derivative market. It's an a agreement between two counter parties. For example IRS it's interest rate swap and it based on the interest rate agreement with two counte...read more
Add your answer