Some Banks, Financial Services, and Insurance (BFSI) companies have begun their digital transformation journey with online deposits, transfers, and claims. However, a significant amount of opportunities exist to transform and revolutionise the varius sub-segments of BFSI. Current digital transformation trends include the progression from brick and mortar to online by developing leading share of wallet strategies and enhanced digital experience, modernized technology through cloud, deep client personalization, open banking APIs, paperless trade finance powered by block chain, IoT enablement, and driving efficiencies by simplifying and streamlining operations (eg: paperless workflow for mortgage applications, and online claims management).
Test Yantra Global has been supporting the BFSI industries technological advancements, including the development and deployment of technology enablers such as Big Data analytics, cyber security, and enterprise cloud. We help our BFSI clients to become easier to do business with, deploy technology driven operating models that drive efficiency, speed, scale, and gain powerful insight that drives client stickiness and loyalty with their customers.