Banking Financial Services & Insurance
Engage with us to run outcome-based digital transformation with innovation at its core
We specialize in aiding banks and financial institutions to undergo digital transformation using AML, cyber security, core banking, banking compliance regulations, and banking IT solutions. Digital transformation of the banking sector aims to improve operational efficiency, optimise costs, mitigate risk, build agile regulatory responses, and create superior digital experiences.
Banks and financial institutions are facing increased cost pressures, rising competition from fintech companies, emerging disruptive business models, and the need for agile responses to risk and regulatory requirements. Additionally, growing customer expectations add to the complexities. While many have embraced digital transformation to address these challenges, significant roadblocks remain. These include a lack of clarity on digital strategy, the necessity to reimagine the technology-business intersection, and effective change management.
Our expertise spans digital transformation
Solutions
Worked in collaboration with clients to transition data management into a shared service across the entire enterprise.
Revamped existing enterprise data applications into delivery models focused on outcomes, ensuring alignment of workload (jobs) with a capacity structure.
Established an Information Integration Center (ICC) to deliver data integration services across Lines of Business (LOBs).
Crafted a roadmap for embracing contemporary platforms in partnership with customers and strategic allies through a joint innovation council, with the goal of formulating a resilient, information-centric strategy. Supported the creation of a Big Data platform and facilitated the migration of business domains to enable a scalable infrastructure, thus enhancing analytical capabilities
Case Study
Data Transformation partner with Leading Bank in US
Design Data strategy, and developjoint innovation council, with the goal of formulating a resilient, information-centric strategy. Established an Information Integration Center (ICC) to deliver data integration services across Lines of Business (LOBs)
Achieved enhanced visibility and a net present value (NPV) benefit of 40.4 million through financial consolidation and analytics in the national lending business and Decreased time to market by 18-22% through automated processing of card applications.Achieved enhanced visibility and a net present value (NPV) benefit of 40.4 million through financial consolidation and analytics in the national lending business and Decreased time to market by 18-22% through automated processing of card applications.
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