The success of companies in BFSI industries can be improved significantly by meeting ever-increasing customers’ expectations and implementing new banking and finance software solutions such as digital, mobile and analytics.
Banking, Financial Services, and Insurance (BFSI) industries are facing challenges post the financial meltdown due to increasing security requirements, regulatory norms, increased compliance burden and many more.
Some of the challenges faced by these industries are:
- The increased pressure of customer acquisition, customer retention, and revenue growth
- Launching new and innovative products at a competitive price
- Managing Risks
- Constant changes in regulatory norms, standards, and compliance burden
- Ensuring Excellent Customer Services
- Enhancing Operational Efficiency and Effectiveness
We provide Custom Software Development Services for BFSI industries that enable companies to effectively fulfill customers’ expectations, take accurate decisions, comply with regulatory requirements, improve business performances, mitigate operational risks, increase customer base and retention with growth in revenue and many more benefits.
We offer Custom Software Development services that enable companies to leverage IT for business growth, with our deep knowledge of BFSI Domain Software Development model, technologies expertise, and robust processes,
Here are the highlights of some of our projects done for BFSI industries:
- An integrated solution to bring together financial analysis, portfolio management and administrative workflow management for a fund management company
- Banking Software Development- A mission-critical system for a leading bank, ensuring quality online banking software services for managing financial transactions for its customers
- POS (Point of Sale) application for a leading forex company that streamlined and optimized branch operations
- Insurance Software Development- A web-based claim management system that supports faster and efficient claims processing provides secure and controlled access to policy and claim information for leading Insurance provider
- Financial Management Software- An accounting system with features like maintaining details on bank transfers, bank portfolios, bank notices and adjustments, letter of guarantees, etc.
- Fully integrated and browser-based system that improved the accuracy and efficiency of pension administration processes with real-time employer registration, intelligent workflows and more reliable electronic payment processing for a licensed corporate trustee