Banking and Financial Services Sector
The global banking sector has been through a bloodbath like never before following the financial meltdown of 2008. The turmoil has led to economic instability, lower profits, higher provisioning and government bailouts. The focus now is on risk management and mitigation, reducing redundancies, fraud detection mechanisms and increased transparency. Technology can be the great enabler to bring about this change in this rapidly changing economic and political landscape.
CompNova’s Technology Solutions
With rich experience and expertise in the field CompNova can offer a wide range of end-to-end solutions for the banking and financial sector that can help drive efficiencies and higher profits. Our range of services includes:
- End-to-end IT services
- Maintenance and support
- System integration
- Infrastructure management
- Business systems management
- IT consulting
- Business process outsourcing
Our ‘Integrated Technology-Operations’ approach while promising maximum value to the client business, works on an outcome-based model. It takes a holistic view of the client’s technology deployments and offers a solution which can integrate platforms, enhance efficiencies and eliminate redundancies.
CompNova’s offerings for the Banking and Financial sector
Over the last decade and a half CompNova has built tailor made solutions for the banking and financial sector covering the whole gamut of services offered by them. They include:
- Core banking solutions
- Retail loan origination and servicing
- Commercial banking solutions
- Fraud detection solutions
- Data management solutions
- Data mining solutions
- Financial control and reporting
- Operational funds accounting
- Risk and compliance solutions
- Credit risk assessment solutions
- Payment processing
- Internet banking and mobile banking platforms
Track Record
CompNova works with not just universal banks but also with boutique investment banks, regional banks and local banks. Working with several banks including several Fortune 500 companies over the last decade and a half, has helped us build up a rich banking practice. This technically strong, multi-member practice has an incredibly in-depth knowledge of the banking sector. We follow the best-in-class industry methods and practices to deliver streamlined IT solutions specific to the needs of each client. This pool also includes ASPPA-certified trained resources, pension actuaries and implementation experts. Some of the clients for whom we have made immensely successful implementations include:
- Citi
- Bank of America
- Comerica
- JPMorgan Chase
Contact CompNova for IT solutions and consulting that can transform your business and help achieve your business goals in this rapidly changing business environment.