Infosys Financial Services
Our IT solutions for financial services contribute to nearly one-third of the company’s revenues. What has not changed after all these years however, is the fact that at our core, we still intend to redefine the way banks use technology.
Today, ‘Digitization’ is the name of the modern game and Infosys FS is at the forefront of this movement. The biggest trend defining the global financial services industry is digital disruption. Unless banks and other financial institutions embrace this fast paced digital transformation, they face the threat of becoming obsolete.
Keeping up with technology and the market is indispensable for survival. In addition, renewing existing systems to strengthen your core along with developing new platforms to foster innovation is the only way for banks to thrive in an increasingly dynamic world.
Infosys FS are re-creating the future with our refreshed strategy that redefines IT solutions for financial services:
> Renewing our core
> Innovating to new
> Bringing in a culture of learning
Renew the Core: At Infosys, we are helping our customers transition from “people only” to “people + software work”, through a combination of automation and innovation.
Innovating to New: With Design Thinking at its core, Infosys is in the pursuit of not only solving the known problem, but also identifying hidden issues, which could open up new possibilities. Innovative offerings in automation, machine learning, and artificial intelligence are redefining the way we help clients address business challenges. The ground-up, grassroots approach of Zero Distance and AiKiDo ensure that every developer, project manager, analyst, and architect is at “Zero Distance” - to the end user, underlying technology, and value that we deliver. This ensures that Innovating to New is not only desirable but also viable and feasible.
Culture of Learning: We are fostering an environment of knowledge sharing through a combination of collaboration, education, and empowerment.
The Agile Digital Services Architecture for Financial Services falls under the five pillar strategy of Infosys in helping the client navigate their next in their digital journey:
- Cognitive chatbots
- Branch of the future - video chat
- Mobile-first banking solutions
- Nia for CFO
- AI for default risk prediction
- Analytics - based 360 degree customer view
- Digital strategy for banks
- 5-click account opening
- Blockchain for trade finance
- Open APIs for banking
- RPA for KYC
- Automated loan on-boarding
- Mobile banking CoE
- Regulatory reporting compliance
- AML compliance
- Card fraud detecion