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Winsoft Technologies India: Making Financial Management Easier with Advanced Banking Solutions

Nirmal Jain,Director

Nirmal Jain


With rapid digitisation in the banking sector, the demand for advanced solutions that can cater to the needs of the consumers has sky rocketed. Users are looking for seamless financial transactions, dealing with insurance and investments in a fast and effective manner, user-friendliness and needless to say, security. Catering to such need, Winsoft's Technologies India is offering its portfolio of solutions and services, built around the concept of digitization of financial Investments.

In conversation with NirmalJain, Director, Winsoft Technologies India

Prasad Khandkar

What is the kind of role played by Winsoft Technologies in the IT services domain and how are its services and solutions making a difference for financial organizations?
Winsoft Technologies provides specialized software products and services for the Banking, Financial Services, and Insurance industry. Founded in 1993, Winsoft has earned a unique reputation for its solutions and delivery excellence serving all the top blue chip organizations in the BFSI industry. The depth of technical experience that the Winsoft team brings to the table has ensured that the pro

ducts and services always keep pace with the changing technology landscape and are always the first ones to incorporate the latest technology platforms and tools. The Winsoft leadership has ensured a stable development of the organization both financially and for an enhanced customer experience and is now moving towards a fast expansion of its global footprint.

Most of our customer engagements are more than a decade long, and many are now longer than 20 years

Take us around the company's portfolio of solutions and services. What is the technology framework built in each of them?
Our industry leading product platforms in the Wealth Management space are Smart Mutual India's #1 enterprise software solution for mutual fund distributors, SmartWealth a comprehensive wealth management software solution for banks and SmartSGB helps banks offer the Sovereign Gold Bond product to its customers. Our products for the insurance distributors are SmartInsurance an end-to-end life and nonlife insurance distribution software platform, AGILE helps an insurance distribution business completely automate the enrolment of a new policy holder and AGENT a software system that helps distribution businesses get their relationship staff certified and onboarded digitally. In addition, we offer other solutions such as SmartNPS, SmartAPY & DeMATrix, SmartASBA, SmartLogistics, SmartSELL, and SmarTAX for banks.

Our services include digital transfor mation with which we create exceptional customer experiences using analytics, automation of solution tools and cloud with the right mix of industry expertise. We offer testing service that helps ensure robust and reliable software applications with top quality engineering and holistic testing solutions. Further more, we offer our staff augmentation and turnkey projects

and product re-engineering with more than 25 years of experience in the arena.

What are the factors that draw and enable customers to place their trust on the company's offerings?
With deep technology expertise adding many firsts to our credit we pioneered automated Interactive Voice based client servicing for the Depository segment, and ours was the first unified technology platform to be used for internet equity trading on BSE/NSE we offer a singular blend of expertise in both business domain and technology.

India's top six private sector banks depend on our talented, dedicated teams and on our software for high volume mutual fund & insurance distribution and income calculation in managing pension contributions(NPS and APY), in handling DEMAT securities, in channelling state tax contributions or use one of our many other software applications to deepen their client relationships.

Ajit Bhansali
At Winsoft we strongly believe in nurturing long term customer relationships most of our customers engagements are more than a decade long, and many are now longer than 20 years!

Where is Winsoft Technologies head towards the road ahead? What are the goals set forth for achieving?
We are eyeing at accomplishing many goals for the future that includes broadening the customer base for its solutions and services in paving the way for Digitization of Financial Investments, leveraging upon its long relationships with bluechip banking customers and widen the offerings, both for India and overseas and continuing to drive revenue growth of 40 percent to 50 percent Y-o-Y, every year.

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