Banks and financial services organisations can face multiple challenges with legacy banking systems. One of the results can be an incompatibility with modern third-party systems. The result can be higher maintenance costs, and frequent upgrades and patches caused by outdated systems or even security loopholes.
Slow or inefficient systems can get frustrating for customers and employees alike. In a highly competitive scenario, a legacy system might not be able to process a vast percentage of infrastructure and data cost-effectively.
Gartner predicts that 30% of banks with more than a billion dollars in assets would launch Banking-as-a-Service for new revenue by the end of 2024
The steep adoption of digital innovation and customer demands drive these institutions to offer affordable solutions and services without any adverse bearing on operational efficiency. The sector is poised to achieve a CAGR of more than 22% between 2021 and 2026.
Smart and online transactions, digital wallets, and electronic payments have peaked and other new-age capabilities like geo-location and real-time assets monitoring capabilities have aided in serving clients far more effectively.
Cloud technology can play a key role in data management and analytics. It offers the necessary storage and processing capabilities to handle large data volumes effectively.
Cloud-based data analytics tools enable banks and insurance organisations to extract valuable insights from their data, facilitating more informed decision-making, risk assessment, and personalized customer experiences.
Cloud-based solutions are also ideal for fintech startups and established banks alike can leverage cloud-based platforms to experiment with innovative solutions, such as mobile banking apps and blockchain applications.
Intelics Cloud is now geared to transform the way financial services are delivered, managed, and consumed. All packages are scalable based on demand, leading to cost savings and streamlined operations.
Customised cloud solutions offer numerous advantages to the industry that drive efficiency, security, scalability, and innovation. This results in optimised IT infrastructure and lowers the need for physical hardware and on-site data centres.
Intelics Cloud invests in state-of-the-art security measures that include data encryption, access controls, and compliance with industry regulations. By leveraging cloud services, industry players get enhanced data security as well as complete disaster recovery and business continuity capabilities
Through secure cloud-based solutions, financial firms can securely share customer data with authorized third-party providers that offer customers a more comprehensive and personalized banking experience.
The Company aims to play a role in helping shape the future of the financial services sector by delivering innovative and customer-centric services in an ever-evolving digital landscape.
Banks and financial services organisations can face multiple challenges with legacy banking systems. One of the results can be an incompatibility with modern third-party systems. The result can be higher maintenance costs, and frequent upgrades and patches caused by outdated systems or even security loopholes.
Slow or inefficient systems can get frustrating for customers and employees alike. In a highly competitive scenario, a legacy system might not be able to process a vast percentage of infrastructure and data cost-effectively.
Gartner predicts that 30% of banks with more than a billion dollars in assets would launch Banking-as-a-Service for new revenue by the end of 2024
The steep adoption of digital innovation and customer demands drive these institutions to offer affordable solutions and services without any adverse bearing on operational efficiency. The sector is poised to achieve a CAGR of more than 22% between 2021 and 2026.
Smart and online transactions, digital wallets, and electronic payments have peaked and other new-age capabilities like geo-location and real-time assets monitoring capabilities have aided in serving clients far more effectively.
Cloud technology can play a key role in data management and analytics. It offers the necessary storage and processing capabilities to handle large data volumes effectively.
Cloud-based data analytics tools enable banks and insurance organisations to extract valuable insights from their data, facilitating more informed decision-making, risk assessment, and personalized customer experiences.
Cloud-based solutions are also ideal for fintech startups and established banks alike can leverage cloud-based platforms to experiment with innovative solutions, such as mobile banking apps and blockchain applications.
Intelics Cloud is now geared to transform the way financial services are delivered, managed, and consumed. All packages are scalable based on demand, leading to cost savings and streamlined operations.
Customised cloud solutions offer numerous advantages to the industry that drive efficiency, security, scalability, and innovation. This results in optimised IT infrastructure and lowers the need for physical hardware and on-site data centres.
Intelics Cloud invests in state-of-the-art security measures that include data encryption, access controls, and compliance with industry regulations. By leveraging cloud services, industry players get enhanced data security as well as complete disaster recovery and business continuity capabilities
Through secure cloud-based solutions, financial firms can securely share customer data with authorized third-party providers that offer customers a more comprehensive and personalized banking experience.
The Company aims to play a role in helping shape the future of the financial services sector by delivering innovative and customer-centric services in an ever-evolving digital landscape.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Writer Business Services Pvt Ltd
105, Dr. B. Ambedkar Road, Lalbaug,
Mumbai – 400 033, India
+91-22-66170111