Banking, Financial Services and Insurance
Software Driven Responsiveness
Technology shifts have progressed to a point where companies, especially those in banking and financial services are projecting new personalities through elegant compositions of technology. As new-age FinTech companies and traditional players in the industry look to undertake transformation projects to achieve high growth and improve margins, reducing complexity and simplifying operating models is imperative.
Attaining these goals requires companies to design and target specific products and services to unique customer segments and needs. Further, the projected digital personality of a business must comply with newer regulations such as GDPR and CCPA. We provide value in the financial sector through compositions of technologies that include Artificial Intelligence, Machine Learning, and Cloud, and through deeply entrenched partnerships with leading platform providers.
Performance in banking and financial services sector such as maintaining credit growth requires continuous improvements in designing and targeting of products and services to various customer segments and their needs. Our transformational services for BFSI include AI-enabled document digitization, digital banking enablement, and intelligent sales automation.
Digital Banking Enablement
Enabling banks to build a set of digital native banking services and core banking processes to create the most relevant digital banking products and services for their customers.
Insurance Underwriting and Claims Automation
Improving the speed and accuracy of underwriting and claims process implementation for tangible business impact for insurance customers. We provide advanced analytics to reduce risk exposure and to improve overall efficiency and effectiveness.
Banking Operations Automation
Leveraging AI to drive efficiencies and to improve compliance in back-office operations and banking processes by unlocking the potential of data existing in myriad documents and other data sources.
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Mambu – A leading cloud banking engine launching next generation of financial services
Customers
HM Land Registry partners with Persistent on Blockchain to simplify home buying in England and Wales
Recognition
Persistent wins AIconics Award for BEST APPLICATION OF AI IN FINANCIAL SERVICES
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