Financial services help make money, enable payments, store value, provide finance and investment opportunities for individuals and businesses, and manage financial risks. Banks, insurance companies and investment managers all create and make use of this vitally important resource and they must connect with customers effectively to keep them engaged.
For example, banks take in deposits from the public and they are required by law to have 10% of that money on hand at all times, but the rest can be lent out at a rate of interest. This helps people buy things they might otherwise not be able to afford and it also provides income for the bank by way of interest earned on the loans.
Other organisations that deal with money include trust funds and stockbrokers who trade shares, commodities like coffee or oil, or other assets such as real estate. These services enable people to invest their money, which can increase the amount of money they have and give them more options on how to spend it.
The financial services industry is a powerful economic force and it’s critical that they have access to technology that can keep pace with their business and consumer needs. We work with clients to help them build and deploy solutions that are fast, secure and scalable. This enables them to improve their customer experience and drive innovation at an even faster pace. This includes solutions that provide 360-degree views of their customers and support their decision making through advanced analytics.