The Banking, Financial Services and Insurance (BFSI) industry is evolving at an exponential rate. Shifting customer expectations, ongoing advances in disruptive technology, the evolving threat of cybercrime and increasing regulatory requirements are continuously reshaping the sector. This industry continues to be transformed by technological innovations, including those in the areas of cloud, mobility, and big data. While these innovations present opportunities, BFSI organizations are also faced with tremendous business challenges with constantly changing business dynamics, geopolitical uncertainty, risk and compliance issues as well as cost pressures.
An effective digital transformation begins with an understanding of digital consumer behavior, and the preferences and choices which will ultimately lead to major consumer-centric changes within the organization to address these needs. To keep pace with such a dynamic changing business environment and differentiate from competition, organizations need a strong partner to restructure their operating models, institutionalize compliance rules, and modernize technology infrastructure, while helping to leverage automation and renew themselves to emerge more efficient with an infrastructure enabled by technology, analytics, consulting, and outsourcing.
Teknospar has developed a deep knowledge and has extensive experience in the Banking, Financial Services and Insurance sector. We provide creative solutions to various institutions, supporting several clients globally across a wide spectrum of their needs. Our expert team of financial service understands your needs and challenges, and partner with you to develop tailored solutions to address your challenges.
Teknospar provides cost-effective services such as application development, application support, product customization and implementation, migration services, and business process sourcing from onsite, offshore, or a proven onsite/offshore model. Teknospar banking and financial services professionals provide in-depth knowledge of the technology required to give our clients the competitive edge. We have extensive experience in delivery solutions related to:
Capital Market – their Custodial , Brokerages Services along with Portfolio management
Retail Banking Loan processing (Home Loans, Construction Loans, Consumer Loans) ,Internet Banking design ,Fraud Detection and Customer reports and analytics.
Solutions offered by Teknospar include: