Banking & Financial Services
Market shifts, disruptive changes to technology, and continued regulatory scrutiny are affecting the revenue growth and operating efficiencies of financial services industry. Margins are tight, regulations are strict, and customers are demanding new, innovative products and services.
To meet these challenges, organizations need to be better equipped by:
Nkonghosoft's Banking & Finance Services
- Becoming more agile by moving away from legacy infrastructures
- Leveraging technology to explore new business models and drive customer engagement
Additionally, a number of Fintech trends are gaining a quick foothold in the industry. In this amalgamation of technology and finance, it is essential that these ‘disruptive’ technology forces are assimilated by established financial enterprises, in order to better serve customers and cement brand loyalty.
Cloud and mobile innovations are now critical to new financial market solutions. Nkonghosoft offers smart, focused and differentiated financial IT services portfolio addressing the need of the hour – helping companies stay ahead of the game.
With Nkonghosoft’s cloud development services, financial organizations of all sizes can operate like nimble startups by quickly delivering innovative services that meet changing customer and industry demands. By leveraging our cloud transformation services, financial organizations have the opportunity to rethink their technology profiles and move much more quickly in a bid to meet customer needs.
Our Digital Transformation services helps to build and deploy cloud products faster, collaborate more effectively and strengthen customer relationships, thereby increasing revenue and customer satisfaction.
Today, financial industry faces a multitude of challenges in wealth management market including:
- More sophisticated clients with greater needs
- Increased number of products offered
- Increasing product complexity
- Pressure to cross-sell
- Regulatory compliance
In order to meet these key challenges, these firms are adopting strategies to enhance competitive advantage and retain market share by focusing on technology for delivering client experience, reducing operational cost through process excellence and outsourcing strategy.
Digital technologies such as cloud, mobile, analytics fundamentally shape client value propositions. The digitization of the wealth management provides opportunities to create revenue uplift and lower the cost-to-serve by means of digitally-enabled client relationships, increased front-office productivity and operational excellence.
Nkonghosoft's Advantages for Financial Services
At Nkonghosoft, we leverage our rich experience in wealth management to provide services in areas of business strategy, process re-engineering, compliance and risk evaluation, platform support and business process outsourcing. With our cloud development offerings we provide wealth managers the opportunity to reduce infrastructure costs and increase agility and time-to-market.
Through our advanced analytics, wealth managers can improve insight generation and decision-making by infusing data into all aspects of revenue generation, cost control and risk mitigation.
For wealth managers, mobile technologies offer new ways to interact with clients and deliver advice
Retail banking customers are changing. They prefer doing everything remotely, both transactions and advice/purchases, make greater use of multiple digital channels.
In order to stay relevant, retain existing customers and attract new customers, retail banks should:
- Provide omni-channel service
- Using cloud services to accelerate transformation of core banking systems
- Data-driven sales in all channels
At Nkonghosoft, we focus on customers unique needs, and offer innovative solutions that are accessible from anywhere, anytime. We make retail banking truly customer-centric.
Nkonghosoft‘s Mobility services creates compelling experience across all channels to reduce costs, improve efficiency and increase customer loyalty. We provide a comprehensive suite of services including mobile strategy consulting, mobile application development and testing, mobile management and channel integration.
You (the client) contact us via call, skype, website or live chat and share your project requirement with us.
Our experts will review your project and contact you within 24 hours to discuss about your business and help identify your needs.
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Based on the project, our experts suggest you the best engagement model, estimated timelines and cost for project development.
As per the engagement model, your project is allocated to a team having in-depth knowledge of domain of your business.
After robust quality analysis, our project manager delivers project as per your delivery timeline.
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