Banking, Financial Services & Insurance
We help financial service companies (BFSI) with digital solutions (Cloud, DevOps, DX, IAM, Managed IT Services, etc.) to boost revenues and drive innovation.
Banking in the New Age: Realities & Challenges
Digital disruptions are forcing banking and financial services institutions (BFSI) to rethink their operating models. Customers are demanding real time social interactions, competitive products, and personalized services; regulations are continually imposing financial and operational controls; and the pressures to increase operational efficiency keep mounting on leaders. Competition in banking is fiercer than ever, reputations are at stake and underperforming is simply not an option.
Global Trends in Banking Industry
Banks today cannot operate without significant investments in innovation and technology and must respond in order to improve profitability:
- Product Innovation
- Cyber Security
- Data Privacy & Personal Data Protection
- Market & Data Analytics
- Mobile & Online Banking
- Regulatory Compliance
Branch Technology - Customers Interactions & Experience
From Strategy to Execution
ThoughtStorm caters to the needs of its clients in the areas of banking and finance. We have solutions and services that will help you to reshape your banking models, to digitize and automate your daily processes, redesign your customer interfaces and modernize applications. We utilize cognitive computing to facilitate the transformation of your entire operation, and quickly respond to meet the needs of changing consumer dynamics.
ThoughtStorm has gained valuable experience by working with some of the largest players in the Banking, Financial Services and Insurance (BFSI) industry.
How We Can Help?
Cloud & Digital
Migrate to cloud-based platforms for enhanced scalability, security, and digital innovation.
Digital Wallets
Quick adoption of mobile apps that deliver convenience and efficiency of financial transactions.
Online Only Banks
Proliferation and growth of online-only banks.
Big Data
Consumer intelligence driving smart and effective decisions.
Blockchain
Blockchain continues to grow at a steady pace
Robotic Process Automation
Automate repetitive tasks and processes leveraging robotic process automation (RPA) technologies, improving operational efficiency and reducing costs.
