Banks and financial institutions continue to grapple with mounting cost pressures, rising competition from the fintechs, emerging disruptive business models, agile responses to risk and regulatory needs, and growing customer needs. While most of them have embraced digital transformation to ward off these challenges, there are significant roadblocks on the way comprising clarity on digital strategy, reimagining technology-business intersect and change management.
Birlasoft offers IT solutions to help banks with digital transformation. Our approach is based on the Power of Digital philosophy, which includes six key elements: core system modernization, business process overhaul, digital technologies and platforms, core infrastructure, data management, and CRM. We aim to create long-term value for banking businesses.