Banking & Financial Services
Adapt to emerging technology trends and maximize growth
Overview
The Banking and Financial Services (BFS) sector is undergoing profound transformation brought by the need to meet changing regulatory and compliance and growing digital expectations of new generation customers. BFS institutions are reviewing their technology landscape to manage digital expectations and deliver enhanced consumer experience by linking mobile, social, and consumer data analytics. This brings in new challenges in the areas of security and authentication. HTC provides customized, innovative, and cost-effective IT services to enable BFS institutions effectively serve customers, focus on regulatory compliance, simplify banking operations, enhance customer experience, reorganize infrastructure to accommodate new technologies, and improve security at reduced TCO.
The various segments that HTC serves:
- Commercial Banking
- Investment Banking
- Retail Financial Services
- Risk Management
- Asset Management
- Card Services
- Treasury Services
- Mortgage
- Corporate Technology
Solutions
Customer Data Standardization – Ensures the quality of your customers’ contact details to connect and serve customers better by standardizing email addresses, contact addresses, and phone numbers
Customer Identity Resolution – Resolves on-obvious identities / relationships to discover people within a household, organization, or a locale, retrieves credit worthiness and demographic details, validates KYC, and performs watch-list filtering
Governance, Risk, Compliance – Simplifies, streamlines, and makes GRC processes seamless by aligning risk and governance management with your strategic business goals by identifying risks and empowering well-informed decision making
Regulatory Reporting Solution – Automates and streamlines processes for generating accurate and timely reports – scalable and flexible to meet future demands
Trade Order Management System – Manages orders, streamlines global trading requirements, and improves operational efficiency by automating processes to achieve straight-through processing
Services
Case Study
Actionable Business Insights through Big Data Analytics
À professionaly managed, institutionally owned, SEBI regulated entity improved customer and prospect segmentation, and risk mitigation
Resources
TekEnlight
It is a requirement for all the banks in India to adhere with Reserve Bank of India’s (RBI’s) guidelines. HTC worked closely with RBI and implemented Export Data Processing and Monitoring System (EDPMS) and Import Data Processing and Monitoring System (IDPMS) solution using Open Source executable JAR files. To enable reporting in these two systems (EDPMS and IDPMS), we worked with banks in India for which we have the Export Data
Interfacing Solution (EDIS), Trade Regulatory Reconciliation and Compliance System (TRRACS), and Regulatory solution that helps bank to have regulatory data for reporting.