In a highly regulated and competitive market, the Financial Services industry is confronted with rising cost of regulatory compliance to exceed customer expectations. With increased pressure from mergers and an evolving competitive dynamic, the banking, financial services and insurance industry now requires a wide array of opportunities to be opened up, many of which still remain untapped, though. However, to flourish today in banking world where, global financial crisis brought about radical changes in the financial services industry, a clear focus on key banking drivers such as Technology Architecture, Target Operating Model, Customer Need Analysis, Channel Management and Customer Centric Pricing are highly required.
The Global Insurance business continues to face pressure, from increasingly tech-savvy customers, decreasing demand in mature markets, evolving regulatory requirements and multichannel interactions adapting itself to a rapidly evolving competitive and regulatory landscape as it lays the foundation of the next generation Insurance Enterprise. The Insurance industry faces fundamental changes on several fronts: markets are changing, customer habits are evolving thanks to the availability of data, there is a demand for better service, regulatory uncertainty prevails, the online and mobile environments are playing a critical role in the future of business and competition from non-traditional players is growing. Global insurers are making technology investments to reduce costs and improve customer retention – multi-channel integration, mobility, enterprise risk management, data analytics and business intelligence, social media, fraud detection, legacy modernization and cloud computing.
At SPB Corp, we enable enterprises to restructure their operating models, institutionalize compliance rules, and modernize technology infrastructure, while helping to leverage automation - to renew themselves - and emerge more efficient. Our experience and insight to help the industry’s organizations with deep experience in Personal and Business Banking (PBB), Corporate and Investment Banking (CIB) and Asset Management, regardless of where they are in the journey to transform their internal service combining our extensive consulting experience and original research and analysis. Our full services portfolio and unmatched track record make us a trusted advisor and partner of choice for the industry, focused on increasing operational efficiency by investing in legacy modernization and innovation initiatives to transform their policy and claims administration systems. We provide,
At SPB Corp can help your business in several ways – improve efficiencies, enhance operations and streamline business processes through the use of next-generation technologies with smart solutions, informed interactions and efficient operations. Our endeavor is to be at zerodistance on three dimensions: the end-user, the code, and its economic viability, for which we try to bridge the gap between our work and our clients by offering well-designed and engineered solutions that deliver real business value.