Deliver Transformational Financial Services
Financial services and fintech organizations are undergoing an evolution led by the industry and a revolution led by customer demand – both fueled by technology changes. The most successful institutions focus on targeted customer segments, omnichannel partnerships, and engineering excellence that supports the marriage of business goals and tech opportunities.
Xoriant combines engineering rigor with next-generation technology expertise to enable digital transformation and modernize applications to help the world’s leading financial services providers achieve top-line growth, bottom-line efficiency, and a competitive edge.
Our Services for Your Success
Regulatory and
Compliance
Financial services firms endure close scrutiny within an increasingly complex regulatory environment.
Mortgage and
Lending Services
In the wake of recent market disruptions, financial institutions must navigate a totally new risk environment.
Transaction
Banking
Customer demand for specialized offerings is disrupting an industry that doesn’t like disruption.
Data Assets and
Management
Let Xoriant apply the latest insights to your corporate actions projects.
Capital
Markets
Modern utility-type IT services are helping capital market firms stay ahead of the market curve.
Insurance
Advanced insurance technology is an integral part of the Property & Casualty insurance industry for both carriers and insureds.
Wholesale and
Corporate Banking
Drive efficiency and provide seamless customer experiences across multi-channel banking.
Retail
Banking
From LOB applications to CRM system integrations, Xoriant offers end-to-end IT consulting and platform development.
Regulatory and
Compliance
Financial services firms endure close scrutiny within an increasingly complex regulatory environment.
Mortgage and
Lending Services
In the wake of recent market disruptions, financial institutions must navigate a totally new risk environment.
Transaction
Banking
Customer demand for specialized offerings is disrupting an industry that doesn’t like disruption.
Data Assets and
Management
Let Xoriant apply the latest insights to your corporate actions projects.
Capital
Markets
Modern utility-type IT services are helping capital market firms stay ahead of the market curve.
Insurance
Advanced insurance technology is an integral part of the Property & Casualty insurance industry for both carriers and insureds.
Wholesale and
Corporate Banking
Drive efficiency and provide seamless customer experiences across multi-channel banking.
Retail
Banking
From LOB applications to CRM system integrations, Xoriant offers end-to-end IT consulting and platform development.
Connect With Us to Learn More
Connect With Us to Learn More
“Xoriant’s financial services team can address everything from process automation to app modernization to massive cloud migration initiatives with deep industry knowledge and digital engineering expertise. We’ve helped clients migrate from a manual process for annexure documents to a faster, more reliable, automated solution. We reduced OFAC compliance errors for one client by 95% with an elastic system that automatically scales with data volumes, while requiring less maintenance. In fact, our new framework-based solutions are significantly reducing manual due diligence across the board.”
Grid Heading
Banking, Financial Services and Insurance Insights
Banking, Financial Services and Insurance Insights
Banks Prioritize Customer Insights
Fintechs recognized the consumer lending niche and improved customer experience with pre-approvals and quicker funding of loans. Banks may need help. A recent study found that digital lenders doubled their market share in the past 4 years, with consumers across the credit spectrum increasingly turning to digital-first providers.
Source: PwC
Global investments in fintech has tripled, reaching $12 billion.
Blockchain Will Shake Things Up
Many industries are coming together to commercialize technology for financial services. This innovation and investment surge continue as blockchain and Fintech move from retail to institutional use. The use of the blockchain “public ledger” will become an integral part of financial institutions’ technology and operational infrastructure.
Blockchain and fintech move from a retail focus to institutional use.
Robotics, AI and Localization
Financial services and tech companies are targeting capabilities like intelligence, NLP, logical reasoning, self-supervised learning, physical sensors, mobility, navigation. In three to five years, we expect evolutionary gains. After that, with new models, powerful and standard modular platforms with self-learn ability, rapid gains are anticipated.
Alliances forge between financial and tech companies using AI.
Public Cloud Will Be Dominant
As application offerings improve, and COOs and CIOs get comfortable with the arrangements, technology is rapidly becoming the way core activities are processed. Very soon, consumer payments, credit scoring, statements and billings for asset managers’ basic current account functions will become utilities.
Financial institutions use SaaS apps for CRM, HR, and accounting.
Trends Title
Explore Industry Trends and Insights
Explore Industry Trends and Insights
Increased scalability, availability and maintainability of a 3-tier application.
Reduced technology costs by 30% and enhanced data governance.
Achieved high throughput enabling the payment gateway to process 3.2 million inputs/day.