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CIOInsider India Magazine

  • Financial , Team
  • 2019 will be a make or break year for many financial institutions and their use of technology. User will either demonstrate significant improvements in automation, digitalization, analytics, quality, productivity, security, and compliance or they will start going backward compared to their peer group. There is no need for institutions to reinvent the wheel to achieve the necessary objectives, as the tools that they need to deploy like Blockchain, Big Data, AI, and Cloud are all available commercially.

  • New Breed of Disruptors in Financial Technology

An Ocean Full of Financial Technologists

By: Emmanuel Christi Das, Editor

Technology in its various forms has always been intrinsic to banking and financial services

Five Trends in the Role of Regulators in Banking & Financial Services

By: Jaya Vaidhyanathan, President, Bahwan CyberTek

Financial institutions, being the custodians of public wealth, have a great deal of trust

10 Most Recommended Financial Technology Solution Providers - 2019

IT security in the Financial Sector

By: Neehar Pathare, Vice President Information Technology, Financial Technologies (India) Ltd

As we move ahead from a busy May, which kept us all busy keeping 'Wannacry' at bay.

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A Finance Leader's Mantra In Today's Era Of Digitisation

By: Neeraj Dotel, MD, India & SAARC, SAP Concur

In today’s dynamic business environment, a Chief Financial Officer's

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How Fintechs Are Influencing Financial Literacy

By: Rohit Arora, CEO & Co-Founder at Biz2Credit

In the beginning, there was informal money lending. Then banking, then accounting

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Technology Enabled Inclusive Financial Service

By: Suvrata Acharya, Senior Vice President, NIIT Technologies

As we are moving towards more digital lifestyle every day, we are looking for few specific things

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Challenges Ahead For The Fintech Industry

By: Prabhu Ram, Group CEO & Managing Director, Payswiff

The Fintech Industry is charting a new course every day, boldly going where no traditional finance

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Enabling Financial Inclusion On A Digital Platform

By: Manoj Kumar Nambiar, Managing Director and Arvind Murarka, Head IT at Arohan Financial Services (P) Limited

Recent studies states that over 19 percent of the Indian population is still unbanked

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Staying Relevant With Digital

By: Supriyo Dasgupta, IT Applications Head, Compass Group India

Cloud, Sensors, Platforms, APIs, Connected Things, Embedded Systems, Social Listening

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Enhanced Role Of Technology In The Financial Services Sector

By: Srikanth G, CIO, Five Star Business Credits

Historically IT has been used to cut turnaround times automate processes and no doubt

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  • 10 Most Recommended Financial Technology Solution Providers - 2019

    2019 will be a make or break year for many financial institutions and their use of technology. User will either demonstrate significant improvements in automation, digitalization, analytics, quality, productivity, security, and compliance or they will start going backward compared to their peer group. There is no need for institutions to reinvent the wheel to achieve the necessary objectives, as the tools that they need to deploy like Blockchain, Big Data, AI, and Cloud are all available commercially. Moreover, The Demand From Customers For Digitalization Of Financial Products And Services Is Huge. When Customers Can Access Excellent, Customer Centric, OmniChannel, AppBased Digital Services In Many Other Aspects Of Their Lives (Travel, E-Commerce, And Media) It Is Hard To Justify Current Online Banking, Insurance, And Investment Offerings. Plus, The Majority Of Products And services In Financial Services Are Not Yet Digitalized At All. It Is The Smart Phone App Versions Of Banking, Insurance And Investment Services That Customers Will Be Demanding Increasingly, And This Is How Providers Will Be Judged For Their Technology Knowhow In The Future. India has a diversified financial sector under going rapid expansion, both in terms of strong growth of existing financial services firms and new entities entering the market. The sector comprises commercial banks, insurance companies, non-banking financial companies, cooperatives, pension funds, mutual funds, and other smaller financial entities. The banking regulator has allowed new entities such as payments banks to be created recently, thereby adding to the types of entities operating in the sector. However, the financial sector in India is predominantly a banking sector with commercial banks accounting for more than 64 percent of the total assets held by the financial system. Thus, digital transformation will be uncontrollable in the financial services arena this year. Just so you don’t get lost searching for the best, we bring to you a list of “10 Most Recommended Financial Technology Solution Providers - 2019”. Being closely scrutinized by a distinct panel of judges including CEOs, CIOs, CXO, analysts, and CIOInsider editorial board, we believe that these vendors will provide superior consumer experience and scalability which will be a differentiating factor in the sector of Financial Technology.

Company Logo Company Name Company Management Company Description
AllCloud: Industry Specific Digital Loan Management AllCloud Ankith Khadloya and Rahul Jain, Co-Founders A cloud technology provider delivering comprehensive range of SaaS solutions across Financial Services industry.
Cyfuture India Cyfuture India Anuj Bairathi , Founder & CEO A provider of data center, cloud, outsourced support services and custom made solutions across Banking and Finance sector.
D2K Technologies: Leading Financial Institutions from Data to Knowledge d2k Technologies Siddharth Sudhakar, Technical Product Manager, VK Sudhakar, Director Builds capabilities around Credit Risk Analytics, Corporate/Retail/SME/Agri Lending, Financial Analytics, Banking Advisory and Risk Compliance.
Fidelity International Fidelity International Babu Thiagarajan , Country General Manager & Head -Technology, India Delivers investment solutions and retirement expertise to institutions, individuals and advisers.
Idemia Idemia Sanjeev Shriya , MD Focuses on AFIS, ID documents, Identity management, Border Control and Smart Transactions etc.
Intellect SEEC Intellect SEEC Pranav Pasricha, CEO Designs portfolio that covers distribution, underwriting, claims and servicing by leveraging technologies such Big Data, AI and machine learning
Nucleus Software Nucleus Software Ravi Pratap Singh , CEO Renders end-to-end loan lifecycle management, lending mobility solutions, and cash management solution to financial services industry.
Sensum Fintech Sensum Fintech Aditya Dwivedi , Founder & CEO Develops Algorihtmic trading focused solutions to enable efficient financial advisory.
Winsoft: Helping Banks Digitize Winsoft Prasad Khandkar, Nirmal Jain & Ajit Bhansali, Directors Facilitates enterprise software solutions to Financial organizations, Depository Participants, Mutual fund & Insurance distributors, Banks, Brokers, Sub-brokers and FIIS.
Worldline: A Payment Revolutionary Empowering the Cashless Society Worldline Deepak Chandnani, MD - South Asia & Middle East Expertise revolves around Merchant Services, Mobility & e-Transactional Services, Financial Processing, and Financial Services.