Overview
The Banking, Financial Services & Insurance (BFSI) industry is undergoing continuous evolution. Financial institutions need to adopt newer technologies & models, to survive and thrive in a competitive market and meet emerging customer needs. Additionally, they also need to comply with continuously changing regulations.
Our BFSI solutions help businesses comply with regulations and meet their customer expectations with faster go-to-market and significant cost savings and improved profits. We provide services including consulting, mobile solutions, and application modernization to increase customer acquisition, activation, and retention, and enhance the user experience.
Challenges Facing the BFSI Industry
Traditional Architecture
Disruptive Technologies
Continuously Changing Regulatory Compliances
Scalability Issues with Legacy Infrastructure or Minimal Cloud Footprint
Competitive Costs & Reduced Margins
High Go-to-Market Times
Increased Customer Expectations
Limited Analytics Capabilities
Inefficient Data Management
Risk of Security Breach
