Financial Services | BFSI Services

Transforming Financial Services for Tomorrow – And Today

Financial services firms are facing an evolution led by industry and a revolution led by customer demand – both fueled by technology changes. The most successful institutions are those that embrace transformation imperatives focused on targeted customer segments, omni-channel partnerships and an engineering excellence that supports the marriage of business goals and tech opportunities. Xoriant helps, with a strong product engineering pedigree and next-gen tech expertise. We enable digital transformation and product modernization, innovating the solutions that help the world’s top financial services providers achieve top line growth, bottom line efficiency and a competitive edge.

Explore Our Financial Services Offerings

Infrastructure Lifecycle Management (ILM)

Application Lifecycle Management (ALM)

Infrastructure Modernization

Application Modernization

Innovative Solutions

Compliance and Regulatory Reporting

Learn Why Xoriant for Financial Services

Clients look to us for innovation best practices and technology expertise – whether to leverage existing systems or create new products from concept to launch. Technology is the foundation to digitally transform your financial services business. We help you maximize foundational technologies, which help lead to digital transformation as well as the next-generation technologies that will keep you ahead of the competition.

Xoriant has 30 years of experience serving the financial services industry, developing products for cutting edge start-ups and established global enterprises. We build and maintain products for technology companies and implement these products for their clients. We have hands-on experience building software that is robust, reliable, testable, supportable and integrated into the client’s existing environment. Our deep experience and robust approach increases the application’s life, decreases the support costs, and increases the return on technology investments.

We understand the unique set of requirements in the Banking, Financial Services and Insurance (BFSI) domain. We help BFSI providers reach new markets and offer innovative products and services. We also understand how critical data security and availability of information updates are to an industry requiring high network uptime, rapid fault detection and quick problem resolution. We work with BFSI clients building, migrating and enhancing their highly functional and high performance systems and applications. Our domain knowledge and experience extend to capital markets, wholesale/corporate banking, cards and payments, risk/compliance and regulatory reporting.

Explore Our Deep & Wide Domain Experience

Capital Markets

Help clients achieve visibility and control over trade lifecycle and take data-driven decisions leveraging technology, integrated analytics, ML, NLP and AI.

Capital Markets

Wholesale/ Corporate Banking

Drive efficiency across corporate banking by developing solutions using big data analytics, product and application modernization, providing seamless experience on multi-channel banking.

Wholesale / Corporate Banking

Risk & Compliance Management

Tackle the broad issues of risk, compliance and fraud with automated frameworks, NLP, ML and microservices architecture covering regulations of CCAR, Basel and Anti Money Laundering (AML).

Risk & Compliance Management

Regulatory Reporting

Bring agility and automation in regulatory reporting processes with data quality frameworks and technology-enabled solutions aimed to increase transparency and real-time reporting.

Regulatory Reporting

Cards & Payments

Build proven solutions and provide services for the entire payment value chain, integrate multiple payment formats, simplify cross-border payments, reduce risk and help you accelerate time to market.

Cards & Payments

Explore Our Financial Services Tools & Accelerators

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Hear What Our Clients Say

Xoriant’s financial services team helped us migrate from a manual process for annexure documents to a faster, trustworthy and automated solution. They helped us overcome challenges and significantly reduce errors in complying with OFAC regulations with a scalable system which will grow with increasing volumes of data. Xoriant’s new framework based solution led to more than 95% accuracy of compliance checks and significantly reduced the need for manual due diligence.
Leader, at Fortune 500 Bank

Working with Xoriant has allowed us to offer our clients an easy-to-use, secure, customizable platform for them to manage the 50,000 loan applications they turn over monthly. Using a microservices-based SaaS platform, Xoriant re-architected our legacy desktop application to create efficient, user-friendly tools for multiple client platforms. Xoriant’s improvements to the loan origination application helped us deliver benefits to lenders who, in turn, passed those on to applicants.
Leader, at On-demand Mortgage Origination Solution Provider

We turned to Xoriant to develop a scalable master data management (MDM) solution that would address business-related problems brought about by our existing EBX5 solution. Xoriant’s product modernization team migrated our relational database to NoSQL with polyglot persistence. The new solution, which supports high performance and overcame previous usability issues, reduced time to import records from 40 minutes to 12 minutes.
Leader, at Global Financial Firm

Featured Financial Services Content

Brochure

FinTech Overview

Case study

Payment Solution for A leading Global Bank

Solution Guide

LEI Data Integrity Made Easi(er) For MiFID II and Beyond

Engage With Us

Want to deliver the customer experience your customers want?
Interested in improving banking and financial efficiencies through digital modernization?
Ready to unlock the potential of next-generation technologies?

Xoriant can help.

Get in Touch