At Mphasis we recognise the importance of having a robust technology strategy in place to navigate through the complexities of the business of global banking. Our strategy is focused on the three cardinal tenets of People, Process and Technology; all aligned to financial specialization.
We pride ourselves in our domain competency, with our Solutions Group led by Ex CIOs & CTOs from the worlds leading banks. This functional depth Is complemented by our Core Engineering and Architecture strength to create a best-in-class technology consulting offering. We call this our T-Shaped Framework. Our Process maturity is derived from our continued investments in assessing and benchmarking our capabilities against industry best practices.
Our Innovation factory model is fuelled by our culture of being a Billion Dollar start-up. We have invested heavily in emerging areas of Machine Learning & Neural Nets, NLP, Robotics & Augmented Reality, some of which have also been showcased or implemented within the Bank. Our Semantic Data based NextAngles tool is a disruptor in information semantics. These innovations continue to lead technology & strategy roadmaps with FIs' and often provide a readily available framework for best practices and proven excellence.
We believe that as businesses get increasingly technology-driven, versus being technology enabled, the demand for IT is exploding and often far outstrips supply. It is therefore necessary to be extremely judicious in managing IT investments. To be able to make the most of scarce Capital dollars, a holistic approach to optimize IT investments is absolutely necessary.
Our view of business & technology alignment means that technology understands business goals and priorities and works towards them; and business understands & leverages existing technology assets, places reasonable expectations on IT & adequately funds it to perform its tasks.
We believe that the use of modern technology is to allow business to use self-service as much as possible & provide business users the ability to perform analytics on their own. We have successfully helped organizations achieve this on platforms like Pega and on most ERP platforms. More recently, we have used our methodology called “shift left” to help businesses encode requirements using tools that automatically generate a very large percentage of the behavior logic.
