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The BFSI practice at ITC Infotech provides IT services and solutions to banking, financial institutions and insurance companies worldwide. With a strong leadership team and a large pool of experienced technology consultants, the BFSI practice presents a wide range of service offerings. Powered with the domain expertise of consultants in the areas of retail banking, risk management, capital markets and equity trading, we offer domain solutions catering to the current and emerging business needs of BFSI customers.
Areas of experience:ITC Infotech has in-depth industry experience in the following areas:
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Retail Banking
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Internet Banking
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Mortgages & short term Lending
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Pensions
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Risk Management
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Regulations & Compliance - Anti Money Laundering, Basel II
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Capital Markets
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FIX Protocol enabled Trading
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Asset Management
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Offshore Development Centers
By leveraging our proven extended enterprise model, the BFSI practice operates large dedicated offshore development centers (ODCs)
for many leading global banks. Some customers, for whom we have established an extended enterprise, include:
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The second largest mortgage service provider in the UK: The customer is the sixth largest bank in the UK. This bank is part of the top 10 banking groups in the world and is ranked among the Fortune 100 companies.
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The largest bank of Denmark: The bank is ranked among the Fortune 300 companies.
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ITC Infotech also works closely with a large number of global banking and financial institutions. The organizations that we are associated with include:
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The largest bank of South Africa
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A leading independent software vendor (ISV) in the US capital markets
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One of the largest sub-prime lending financial institutions in the UK
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A leading ISV in the US mortgage industry
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Mainframe expertise
We recognize 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 customers, we have established a center of excellence (CoE) for IBM mainframe. The team at the center works with the BFSI practice specialists to develop advanced technology solutions for the BFSI industry.
ITC Infotech’s BFSI experts also work with other technology CoEs including testing, Microsoft , JAVA and Enterprise Applications (SAP, SIEBEL) to provide state-of-the-art services and solutions.
ITC Infotech also has substantial experience in business intelligence tools like Informatica, Business Objects and in data modeling with various databases such as Oracle, DB2.
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