Iconic Software Solutions

Banking and Financial Services

Unlocking opportunities with technology and data

Current Scenario

As regulations become strict, customer expectations increase, and stakeholder pressure rises, banks and financial institutions facing many challenges seek to maintain market relevance and overcome barriers to adapting to changing conditions.
In the stage of the digital revolution, financial institutions and banks need to move to IT systems, reinvent workflows and operations, serve customers with data-driven insights, and offer customized solutions.
The biggest challenge is to move from traditional banking/financial services to digitization services while fulfilling strict compliance measures, protecting against cyber threats, and maintaining cost efficiency.

Our offerings

Simplify with Business Applications

We work with you to understand and assess the status of your current business applications and find workflow loopholes and gaps.
Based on our insights, we can suggest the appropriate applications and systems help you make the critical buy vs. build decisions.
ERP, CRM, and e-commerce platform expertise help you select and build applications that integrate well with existing systems to ensure superior data management and seamless transaction flow.

  • Evaluation of business process redesign and change management implementation
  • Provides a flexible and scalable managed application model with staff growth
  • Promote project integration through a hybrid approach
  • Monitor and ensure that enterprise applications

Prioritize data-driven approach

As a rough calculation, companies use only 0.5% of their existing data. Many companies recognize the importance of data analysis but struggle with siloed data that prevents them from making meaningful conclusions and facilitating business decisions.
We Bring together AI, analytics, business professionals, and data engineers familiar with cloud technology and machine learning systems through our

  • Consulting service to determine KPIs and identify key market differentiators
  • Technology consulting and implementation to detect malicious patterns and behaviors and compare archives with recent transaction data for fraud mitigation
  • Organize your data in a central data warehouse and present it visually for actionable data insights
  • Identify big data tools and manage them along with your BI and advanced analytics strategy.

Securing the cyberspacet

Phishing and cyber vandalism continue threatening banks and financial institutions, as social engineering remains popular with hackers and scammers.
The current need is not only to protect from breaches, but preparedness, develop resiliency, and lower recovery time in case of a threat or attack.
We offer a combination of professional and managed infrastructure and cyberspace protection services:

  • Create a risk management profile with key stakeholders to identify the current insufficiency of cyberspace
  • Allow satisfying compliance and regulatory standards under CCPA, HIPAA, or GDPR.
  • Advanced security solution with anti-malware evasion and behavioral analysis intelligence
  • Provides ransomware mitigation and protection services to meet IAM requirements and validate boundary configurations

Going Digital

Due to the global evolution to the digitizing services, the shift to the digital of financial institutions got to complete in thinking not only in aesthetics but also in the back-end operations that support it.
Digital transformation comes from ensuring collaboration and team building through technology rather than relying on geography. Here are some ways to help you make a smooth transition and bring your business a complete digital transformation:

  • Help set goals and strategies to build a culture based on employee opinions and insights for decision-making.
  • Minimize infrastructure costs and optimize the workflows with economics and agile cloud-based services.
  • Identify to create virtual assistants and bots for satisfying customer experience.
  • Review workflows, processes, and entire systems and replace them with relevant digital cores and tools focused on robotics and the cloud.

How does it benefit you?

  • Minimize security issues and non-compliance
  • Extend brand reach and increase customer retention
  • Simplify operations and accelerate the development of new products and services
  • Reduce response times and improve customer service efficiency
Contact Us