20 Most Promising Banking Solution Providers-2016
The emerging industry of technology providers offering financial services, known as FinTech, has typically targeted a relatively affluent customer base. Yet somewhere down the line, an outpouring number of FinTech companies are developing innovations to serve a consumer segment in an even greater need of new ways to access and manage their money. Whatever be the segment addressed, the Fintech ecosystem is ripe and booming. Funding is sufficient. Accelerators, incubators and pitch fests are regularly held all over the globe. Governments, financial institutions and venture capitalists are equally interested in developing the scenefurther and feel eager to support new solutions.
However, the financial industry is met with hurdles to get innovative in terms of embracing emerging technologies. Growing regulations and legacy systems have limited the industry to a certain extent and board heads are hesitant to adopt new technologies because of the perceived unknown variables. Nevertheless, as the industry grows almost every other hiccup is gradually addressed in the light of fintech innovations by new emergent providers.
With the growing mainstream popularity of technologies such as Blockchain, P2P lending platforms, P2P payments etc., the massive disruption has been some kind of revelation for banks. It won’t be long before a digital signage offers a student loan, a first-time mortgage or avacation deal based on activities on the smartphone, gender, age, face, and even emotions! Keeping all of these latest trends in mind, we bring to you a list of 20 Most Promising Banking Solution Providers. Being closely scrutinized by a distinct panel of judges including CEOs, CIOs, CXO, analysts and CIOReview editorial board we believe that these companies will help you bring about the perfect balance between technology and the varied demands of the Finance domain.
We present to you CIOTechOutlook 20 Most Promising Banking Solution Providers-2016.
|Company Name||Company Description|
|3i Infotech||Provides workflow-driven lending solution, Credit Risk & Financial Analytics, risk management solution, Internet Banking and Core Banking Solutions.|
|ANALEC Infotech||Focuses on authoring Investment Research Management, Customer Service Management, Financial Modelling & Forecasting, Authoring & Distribution, Compliance & Workflow Management, Content...|
|C-Edge Technology||Implements Direct Benefit Transfer solution, Treasury Management Solution, Pension Payment System, PACS Solution, Mobile Banking & Net Banking solution and IMPS.|
|CMARIX TechnoLabs||Involves in finance and banking industry with core banking transformation, customer care insight, integrated risk management and payments & securities.|
|ESDS Software Solution||Caters banking industry with SaaS for Smart Core Banking, Mobile Banking & Net Banking, SMS Banking Solution and Card Management System.|
|GIEOM||Offers business visualization technology with intelligent linking that monitors, controls & optimizes Operations while reducing risk and increasing compliance.|
|IBSFINtech||Accomplishes financial products and software designed to effectively manage Forex, Treasury and Trade Finance for corporate.|
|InfrasoftTech||Developes Lending Management & Mobile Payment Solution, Microfinance Solution, Core Banking Soution and Compliance & Financial Crime Surveillance Solution .|
|Maximus Infoware||Implements a wide range of enterprise-level B2B and B2C applications in areas of management, monitoring, mobile applications and enterprise applications.|
|NCS SoftSolutions||Serves the banking industry with Risk based audit application, trade finance solutions, service branch management, reconciliation tool, retail ERP and RFID based solutions.|
|Neptune Financial Software||Incorporates banking solutions with respect to retail banking solutions, eBanking solutions, trade finance management, treasury management, payment solutions, mortgages and microfinance.|
|Nucleus Software||Delivers Retail & Corporate banking solutions, cash management solution, e-Financial supply chain management and Business Internet Banking.|
|Processware Systems||Offers a suite of solutions for banking industry such as Core Banking, Analytics, Internet Banking, Mobile Banking and Branch less banking solutions.|
|RAM Informatics||Primarily offers egovernance solutions, core banking products and defence solutions. Defence solutions include Customized ERP & Inventory solutions for Defence Production Units, Payroll &...|
|SAFE Software & Integrated Solutions||Equips Core Banking Solution which includes CBS, Delivery Channels, MobileApps,Web solutions, Data Center & Cloud Solution and MIS & Fund Management Solutions for small & medium Banking & Financial...|
|Sesame Software Solutions||Avails Core Banking Solutions, Financial Inclusion Solutions, NPA Management and Banking BI Solutions to BFSI industry.|
|SIDSOFT Technologies||Executes core banking products and solutions like SMS Delivery Channel, Online Website Services for Customer Interface, Public ATM's Under RUPAY Network and Mobile Banking.|
|TrustBank CBS||Furnishes Retail banking module, Cash management services, CRM solution, Treasury module and Risk Management & Statutory Compliance Solution.|
|Virmati Software||Builds applications for Core Banking System, Micro Finance, Cheque Truncation System, Anti Money Laundering, Financial Inclusion and Data Archival & Retrieval to banking industry.|
|Worldline India||Creates Wallet platform, payment terminals, Private Label Cards & Loyalty Services and Multichannel Payment Acceptance for merchants & banks.|