Banking, Financial Services & Insurance

The BFSI Practice of ITC Infotech provides IT Services and Solutions to banking and financial institutions worldwide. With a strong leadership team and a large pool of experienced technology consultants, the practice provides a wide range of service offerings, enabling our clients to gain an edge over the competition in the industry. Powered with the domain expertise of consultants in the areas of Retail Banking, Risk Management, Capital Markets and Equity Trading, the Practice offers domain solutions catering to the current and emerging business needs of the BFSI clients.

The Practice has in-depth industry experience in the following areas:

  • Retail Banking
  • Internet Banking
  • Mortgages
  • Pensions
  • Risk Management
  • Anti Money Laundering
  • Capital Markets
  • FIX Protocol
  • Asset Management

By leveraging the proven Extended Enterprise Model of ITC Infotech, the BFSI Practice operates large dedicated Offshore Development Centres (ODCs) for many leading global banks, which includes:

  • The second largest mortgage service provider and the sixth largest bank in the UK. This bank is part of the top 10 banking groups in the world, which in turn is ranked among the Fortune 100 companies.
  • The largest bank of Denmark that is ranked among the Fortune 300 companies.

The Practice also works closely with a large number of global banking and financial institutions like:

  • The largest bank of South Africa
  • The leading ISV in the US capital markets
  • One of the largest sub-prime lending financial institutions in the UK
  • The leading ISV in the US mortgage industry

Based on our experience, we have gathered that a large number of core applications in the BFSI industry are developed on Mainframe Systems. With an objective to provide cutting-edge solutions to our clients, we have established a Centre of Excellence (CoE) for IBM Mainframe as a part of the BFSI Practice. The team at IBM Mainframe CoE works along with the BFSI Practice specialists to develop advanced technology solutions for the financial services industry. The Practice also works with other Technology CoEs of ITC Infotech like Testing, Microsoft and JAVA Technologies to provide state of the art services and solutions. The BFSI Practice also has substantial experience in Business Intelligence tools like Informatica, Business Objects and data modeling with various databases like Oracle, DB2, etc.

 BFSI Services

 Industry Solutions

 Customer Successes