The Banking, Financial Services and Insurance (BFSI) sector is undergoing a rapid transformation today. Financial institutions need to deal with a much more rigorous regulatory environment. They need to deal with an unprecedented range of security and privacy threats. Customers are looking to interact with their financial institutions across multiple channels and expect engagement in real time.
Moreover, the competitive scenario has been transformed. Financial institutions face competition from non-banking players such as Google, PayPal, retailers, telecom providers and more. This trend is likely to increase in scope and intensity and create tremendous challenges for these institutions to retain their market position and customer base.
In a highly regulated and competitive market, banks need every advantage to exceed customer expectations and differentiate. It is no longer enough to offer simple and automated Banking services. In order to build loyalty and drive profitability, banks will need to offer a non-stop interactive Banking environment. To achieve this, banks need to increase their business agility by anticipating customer needs and offer an engaging user experience.
Estuate provides comprehensive, end-to-end, domain-led business process solutions that enable financial institutions to focus on their core financial services competencies. We help customers capitalize on emerging opportunities by
With Estuate's BFSI solutions, you get:
Estuate has helped world's leading banking, financial services and insurance companies solve their business challenges. Learn about best practices, innovative techniques, exceptional ROI and significant successes customers have achieved using Estuate's solutions.
State Farm is a mutual insurance company, with 68,000 employees and more than 18,000 agents servicing 81 million policies and accounts throughout the U.S. and Canada. After growing the company through mergers and acquisitions, State Farm found itself with many large, growing databases, a shortage of storage space, uncontrolled sensitive data, and application performance degradation in its test and development environments.
The client is one of the leading financial services companies in the United States, serving about one million households and businesses. It offers a full range of financial products and services from auto, home, business and life insurance to retirement planning services, investment management and annuities. The company was formed by a group of farmers in 1925 as a fire and lightning insurance company.
Learn how Estuates Optim Data Masking Solution helps an insurance company privatizes its customers' personally- identifiable information (PII) stored in its test systems to avoid the risk of security breach and the risk of high potential losses. Read on to learn how with Estuate's customized approach, the company completed masking of a wide range of applications throughout the enterprise, with repeatable, efficient processes.
The client is a leading financial services corporation whose goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. With assets under administration of over $5 trillion, they focus on meeting the unique needs of a diverse set of customers: helping 23 million people investing their own life savings, 20,000 businesses to manage their employee benefit programs,..
Director, Software Engineering,
Leading Financial Services Company.