Financial services is a term used to refer to the services provided by the finance industry. Good Financial services is also the term used to describe organizations that deal with the management of money. Banks, investment banks, insurance companies, credit card companies, consumer finance companies, government sponsored enterprises, and stock brokerages, are examples of the types of firms comprising the industry, which provides a variety of money and investment related services.
In the other style, a bank would simply create its own brokerage division or insurance division and attempt to sell those products to its own existing customers, with incentives for combining all things with one company. This is the style of Washington Mutual and Wells Fargo.
In a highly competitive Financial Services environment, regulatory requirements and accounting changes share “top priority” status with customer satisfaction and risk management. Through our proven expertise in offering financial services outsourcing solutions, we have helped some of the largest financial institutions in the world achieve operational efficiency while allowing them to focus on core business activities such as increasing assets under management, creating wealth, ensuring regulatory compliance and expanding customer relationships.
- Financial Services solutions
- Portfolio Accounting and Reporting
- Legacy Maintenance and Re-engineering
- Performance Analytics and Management
- Business Systems Management
- IT Consulting
- Business Process Outsourcing
- Application Development / System Integration
- Infrastructure Management Services
- Markets in Financial Instruments Directive
The Banking and Financial Services industry is witnessing numerous changes. Globalization, regulatory requirements, competition and technology are some key factors redefining the industry. In this environment financial services organizations need to:
- Increase and retain their customer base
- Transition from a product centric to a customer centric approach
- Innovate in a crowded market
- Leverage advancements in technology and communications
- Ensure compliance with industry regulations
Financial Services industry are due to the understanding of the specialized nature of operations. Delivery structure is guided by the knowledge of banking technology integrated with business operations that exist in this industry. The delivery capabilities in are reinforced by technology and business experts. A well orchestrated delivery model helps our clients in creating wealth.
The Financial Services Practice at comprises of experienced people from Global – Multinational Financial Institutions and the Big Five consulting firms who lend their expertise in investment strategies among others. They specialize in Investment Banking, Asset Management, and Corporate Banking, Brokerage, Financial Services marketing and operations and Private & Retail Banking.