Banking & Financial
Overview
IT based services and solutions form one of the core components of Banking & Financial services. This sector is defined by stringent regulatory requirements, high risk management needs and difficult to meet customer satisfaction levels.

The biggest setback of the global economic downturn has been witnessed in the Banking & Financial services market. The competition in this field has always been intense and the financial crisis has further compounded the problems already faced by this sector.

eFocus Edge
eFocus offers customized IT solutions to cater to the needs of Banking & Financial services sector. Our solutions focus on different segments of the industry including:
  • Insurance
    • Accelerated time to market for innovative products
    • Business process reengineering
    • System upgrades, data migration and integration with third party vendors
    • Design and implementation of self service vehicles such as calculators, tool kits, risk assessment tool sets etc.
  • Banking
    • Multi channel banking integration, Internet banking solutions and integration with external trading partners
    • Auto finance, loans and lease management
    • Online credit card payment solutions, connection to external payment gateways, batch settlement and address verification services implementation
    • Personal and commercial mortgage solutions
  • Credit risk management
  • Information risk management
  • Securities and investments
    • Regulatory and compliance solutions
    • Trading applications including rich client facades to support trader back offices
To serve you better we design and develop our solutions keeping in mind the industry standards and norms including G30 recommendations, Basel II, KYC and Anti-Money Laundering, SEPA and payments, and MFID.