20 Most Promising Banking Technology Solution Providers - 2017

20 Most Promising Banking Technology Solution Providers - 2017

The Indian Banking and Financial services industry is undergoing massive changes with the advent of the digital transformation phenomenon. Having witnessed a shift from its traditionally competitive nature to a more collaborative one, the fintech industry has evolved significantly in the last few years and is now welcoming proactive technological transformation. Biometrics as an authentication service in BFSI is being increasingly employed to help financial institutions prevent insider fraud and establish secure employee authentication, concrete audit trail and accountability of every transaction. Furthermore, the growing mainstream popularity of technologies such as Blockchain, P2P lending platforms, P2P payments etc. has also brought about a massive disruption in the banking technology segment. However, despite the emergence of innovative utilities, the banking and insurance industry is still challenged by factors such as competitive pressures, changes in customer loyalty and stringent regulatory environments, all of which are pressurising the organizations to adopt new business models, streamline operations and improve processes. Thus, it is imperative for organisations to choose business partners that have the ability to resolve these challenges and meet their specific business requirements.

Moreover, to keep up with this rapid evolution, organisations need to embrace solutions that can encompass these innovations while managing costs, exceeding stakeholder expectations and complying with new regulations. With new entrants now challenging traditional technologies and enabling consumption and revenue opportunities that never existed, we present to you a list of 20 Most Promising Banking Technology Solution Providers. Being closely scrutinized by a distinct panel of judges including CEOs, CIOs, CXOs, analysts and CIOReview editorial board, we believe that these companies have the technical skill sets and business acumen to bring about the perfect balance between technology and the varied demands of the Finance domain.

We present to you CIOReviewindia 20 Most Promising Banking Technology Solution Providers - 2017.

Company Name Company Description
Candela Labs A provider of IP-led technology with focus on smart automation and digital solutions for insurers and banks
CMS IT Services A provider of end-to-end IT infrastructure solutions to large corporations across all sectors including Banking, Insurance, Retail, Telecom and Manufacturing for managing their IT operations...
Cover Infotech A provider of solutions for Software development, Web application and Research and Development. Its service suite incorporates App Development, Software Solutions, SEO & Marketing, and Website...
Datamatics Global A provider of a Service portfolio for banking industry which encompasses Loan Management, Account Origination and KYC Form Processing, Cheque Processing & Clearing, and Customer Engagement –...
Datavision Software Solutions A provider of comprehensive and tightly integrated next-generation banking solutions. Its suite of products and solutions offers full-scope support to back office and front-end processes of banking...
Euronet Services India A provider of comprehensive, fully integrated electronic financial transaction solutions.
HCL Technologies Ltd. A provider of next-generation retail banking solutions portfolio which includes Credit Cards & Payments Management Services, Cash Management System, Commercial and Corporate Lending Solutions and...
Infosys Limited A provider of Retail Banking Solution suite which comprises of a comprehensive set of Solutions to address a range of requirements for digital age retail banks. It empowers banks across 84...
Intellect Design Arena Ltd A provider of Financial Technology for Banking, Insurance and other Financial Services who renders World's first full-spectrum banking and insurance products.
Latitude Fintech A provider of ready-to-go, enterprise grade business solutions and services for the financial Industry. It renders a suite of products and platforms that are designed and built forBanks.
Maximus Infoware (India) A provider of end-to-end customer engagement framework that encompasses Platforms, Products, Consulting and Hardware Services to banks, financial institutions and others.
Megasoft Information Systems A provider of IT Infrastructure. Application Integration, Data engineering and Software development services globally.
Modus Information Systems A provider of System Integration and software services, who primarily focuses on core banking Transformations, large website development, maintenance & SEO. It delivers customization,...
Nucleus Software Exports Ltd. A provider of lending and transaction banking products to the global financial services industry. Its software supports retail lending, corporate banking, cash management, mobile and internet...
Nurture Software Solutions A provider of optimal technology solutions to banking and financial segments, whose expertise lies in Pilot Implementation of Core & E-Banking Solutions, Interface Development to Productized...
SMERGERS Online Services A provider of an investment banking platform which makes investment banking accessible to small and medium enterprises. Its platform automates deal origination, valuation, matching And...
SOFGEN India A provider of end-to-end banking IT solutions on a variety of bank platforms both in and around core systems to over 150 financial institutions.
SWIFT India Domestic Services A provider of secure and standard messaging system for digitizing financial ecosystem in India. It builds comprehensive solutions that comprise of messaging standards, infrastructure and Security...
Temenos India A provider of banking software systems to retail, corporate, universal, private, microfinance and community banks, wealth managers, and financial institutions.
Uniken Inc. A provider of a security platform which tightly integrates identity, authentication and channel security. Its distributed digital trust platform facilitates trusted digital connections between...