Crafsol Technology Solutions Pvt. Ltd.

Banking, Financial Service & Insurance

// Overview

Transforming Banking, Financial Service & Insurance

Several reasons contribute to the growing need for digital transformation in the banking and financial services industries. Digital transformation in BFSI entails not only the use of cutting-edge technology and software, but also  corporate culture practices.

Digital transformation may include rewriting the operational model, forging new paths, and joining forces with a partner ecosystem to take customer service to a whole new level. The importance of digital transformation for every firm is to provide more value to its customers.

By investing in a digital transformation, you are investing in the ability of your organization and its people to be flexible, competitive, and, most critically, adaptive in today’s environment.

Our Focus Areas

Cloud-based Applications & Migration

Economical and agile, allowing businesses to meet their needs and streamline their IT & infrastructure costs.

Data-Analytics

Analysing data about your customers and internal organization and providing you with insights using technologies like AI, Ml, and Data Lakes

Digitalization

Digitalization is aimed at taking the organizational efficiency and customer service to a much higher level.

Customer-centric applications

Mobile and other applications focused on providing a better service and a better experience for your customers.

Key Technologies & Trends

Robotic Process Automation (RPA)

In RPA, software is programmed to complete repetitive and labor-intensive tasks correctly and quickly without human intervention.

Mobile & Voice Interfaces

Chatbot solutions, enabled by sophisticated artificial intelligence, are being deployed by financial institutions to reduce costs and meet customers’ expectations regarding quick response and effective issue resolution.

Cyber Security and Resilience

In an industry dealing with sensitive personal and financial information, and that’s an attractive target of cybercriminals, security is paramount for financial institutions.

Sample Case Studies

Leading Investment Advisor

Client is an American registered investment advisor based in Malvern, Pennsylvania with about $7 trillion in global assets under management. It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs) in the world.