Unlocking the Future of Finance
with Cloud, AI, and Data
The modern era is that of Industry 4.0 and that has substantially impacted how financial institutions operate or deliver services. From Generative AI, embedded banking, decarbonatization to open data, personalized finance, and more-these trends are influencing BFSI firms to rethink their existing business models. Intelligent cloud is seen as an enabler of these intelligent, experience-led transformations. As an application-focused managed cloud services provider and a trusted partner for mission-critical transformations, we have served more than 100 banks including 5 of Global Top 20 Banks. Managing their digital transformation journey end-to-end, we have helped BFSI firms reinvent their core business operations to leverage new-age tech, offer seamless digital banking experiences and unlock areas of value creation and growth.
How can you effectively drive AI transformations for your financial institution?
Silos to a Seamless Transformation:
What’s Holding BFSIs Back?
Fear of
Disruption
Cost overruns at a global level compound to more than $100 billion in wasted spend during a 3-year course of migration.
Security & Compliance Risks in Adopting New Tech
BFSI sector faces 38% more attacks per application with 9,73,000 attacks per website. Security tools
Siloed Data Processes
62% of bankers believe organizational culture to be a deterrent within the BFSI sector.
Talent Shortage
More than 1/3 of CIOs pinpoint lack of technical skills as a primary obstacle to cloud.
Technology Adoption by Niche:
Where Are We?
Banking-as-a-service
(BaaS)
Blockchain
Banking
AI-Powered
Insurance
RegTech
Generative
AI in
FinTech
Embedded
Finance
Open
Banking
Peer-to-Peer
Lending
Climate
Insurance
Sustainable
Finance
Sandboxing
Robo-Advisory
Platforms
Decentralized
Finance
(DeFi)
Carbon
Credit
Trading
Transforming BFSI Processes with Tech:
Top Use Cases
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IoT in Banking
Cloud-powered IoT and collaborative tools can reimagine core business operations, enable new innovations, and create transformative banking experiences.
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Regulatory Reporting & Decision-making
Cloud-powered IoT and collaborative tools can reimagine core business operations, enable new innovations, and create transformative banking experiences.
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Transformative Technologies
Cloud-powered IoT and collaborative tools can reimagine core business operations, enable new innovations, and create transformative banking experiences.
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Early Warning Systems/Fraud Analytics
Detecting frauds or anomalies can be simplified through cloud-powered early warning systems, making loan lending process more secure and optimized.
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Wealth Management
Cloud-native wealth management platforms streamline asset allocation, offer real-time updates to clients, and track investment performance.
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Supply Chain Finance
Offers working capital financing to suppliers and buyers within supply chain networks.
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Tokenization of Securities & Assets
Cloud-based blockchain platforms tokenizes assets like real estate and equities, facilitating ownership and peer-to-peer trading
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Digital Identity Verification
AI verification processes such as document authentication, facial recognition, and biometric authentication for adherence with KYC (Know Your Customer) and AML (Anti-Money Laundering) laws.
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Digital Asset Custody
Combination of multi-signature wallets, cloud storage solutions, and access controls to protect digital assets.
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Dynamic Pricing in Insurance
Dynamic pricing cloud models calculates premiums in real-time based on market and consumer behaviors.
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Elastic Computing
Elastic computing cloud tools manage high-volume transaction processes during market fluctuations.
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Decentralized Identity Management
Using cloud-based decentralized identity management solutions ensures control over digital identities.
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Digital Payments
Leveraging AI and blockchain can enhance the speed of transactions and payments.
IoT in Banking
Cloud-powered IoT and collaborative tools can reimagine core business operations, enable new innovations, and create transformative banking experiences.
Regulatory Reporting & Decision-making
Cloud-powered IoT and collaborative tools can reimagine core business operations, enable new innovations, and create transformative banking experiences.
Transformative Technologies
Cloud-powered IoT and collaborative tools can reimagine core business operations, enable new innovations, and create transformative banking experiences.
Early Warning Systems/Fraud Analytics
Detecting frauds or anomalies can be simplified through cloud-powered early warning systems, making loan lending process more secure and optimized.
Wealth Management
Cloud-native wealth management platforms streamline asset allocation, offer real-time updates to clients, and track investment performance.
Supply Chain Finance
Offers working capital financing to suppliers and buyers within supply chain networks.
Tokenization of Securities & Assets
Cloud-based blockchain platforms tokenizes assets like real estate and equities, facilitating ownership and peer-to-peer trading
Digital Identity Verification
AI verification processes such as document authentication, facial recognition, and biometric authentication for adherence with KYC (Know Your Customer) and AML (Anti-Money Laundering) laws.
Digital Asset Custody
Combination of multi-signature wallets, cloud storage solutions, and access controls to protect digital assets.
Dynamic Pricing in Insurance
Dynamic pricing cloud models calculates premiums in real-time based on market and consumer behaviors.
Elastic Computing
Elastic computing cloud tools manage high-volume transaction processes during market fluctuations.
Decentralized Identity Management
Using cloud-based decentralized identity management solutions ensures control over digital identities.
Digital Payments
Leveraging AI and blockchain can enhance the speed of transactions and payments.
Driving Frictionless Transformations without the Security Scare!
Cloud4C's End-to-end Offerings
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Bank-in-a-box
A holistic banking solution suite developed to manage the overall banking transformation process, end-to-end.
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Insurance-in-a-box
Helping insurance companies achieve transformative outcomes in a single SLA till application layer.
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SAP Solutions
Implements SAP financial service management suite on the cloud platform of your own choice to improve financial planning and decision-making.
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Finacle on Hybrid Cloud
Drive banking transformations by leveraging the Infosys Finacle, a digital banking suite on a highly available, scalable, and secured hybrid cloud managed by Cloud4C.
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Managed Services
Manages critical IT operations by offering services tailored to BFSI’s requirements such as data management, cloud migration, cybersecurity, regulatory compliance and more.
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IT Modernization
Revamping legacy customer and employee engagement models to ensure customer excellence and business continuity.
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Cybersecurity
Deploying latest security tools and frameworks for banks for compliance and risk management as mandated by the legal authorities.
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FinOps
Adopting predictive analytics and automation for customer profile building, hyper-personalizing financial services, and accelerating business growth.
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Workspace Management
Helping BFSI firms assess inefficiencies, optimize workflows, and enhance project management.
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Automation & AI Analytics
Improves credit assessment and management (CAM) processes, investment research, portfolio management, and algorithmic trading
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Disaster Recovery
Involves risk assessments, continuity plans, crisis communication strategy, and consistent testing to ensure resilience and data integrity for BFSI firms.
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Compliance-as-a-service
Maintains compliance with the latest in-country and Central Bank regulations and standards by streamlining internal operations and governance frameworks.
Watch how we helped Philippine's Unistar Corporation bring their digital transformation vision to life
Industry-leading Solutions for BFSI ISVs:
Fuelling Innovation and Growth
To cope with the evolving customer expectations and the myriad challenges that come with delivering quality software products, ISVs are making the move to the cloud. Cloud4C offers a roadmap and a strategic approach to expedite their cloud migration journey, go-to-market timelines, and product innovations, ensuring in-country compliance and enhanced performance. Here are key trends that make adopting a cloud-first approach a strategic imperative for leading ISV Partners.
80% of ISVs are willing to accept open banking payments
Demand for AI, ML and RPA into their solutions
An average SMB uses between 7-130 SaaS applications.
Demand for hyper personalization and omnichannel marketing
Impact Stories
Saudi Digital Bank
Saudi Digital Bank transforms their mission-critical operations with in-country, SAMA compliant Disaster Recovery as-as-a-service (DRaaS) solution on a multi-cloud containerization platform.
UAE Digital Bank
Becoming digital-first and future-ready, UAE Digital Bank delivers superior customer experiences and financial services with Azure Migration and Managed Services.
Satin Credit care
Gaining 40% cost savings at a near zero data loss, Satin Creditcare achieves operational excellence through a radical IT core transformation on AWS.
Knowledge Nuggets Served to You!
Digitization for Legacy Banks: Cloud-native risk management for a fool-proof evolution
Digitization for Legacy Banks: Cloud-native risk management for a fool-proof evolution
Digitization for Legacy Banks: Cloud-native risk management for a fool-proof evolution
Digitization for Legacy Banks: Cloud-native risk management for a fool-proof evolution
Digitization for Legacy Banks: Cloud-native risk management for a fool-proof evolution
Digitization for Legacy Banks: Cloud-native risk management for a fool-proof evolution
We needed a platform that will help us deliver a superlative customer experience while enhancing our agility, ability to scale, as well as digital adaptability. The cloud model allows us to achieve optimum modernization and the flexibility to build scale at will, in a cost-effective manner. We are proud to partner with Infosys Finacle to deploy the digital banking product suite on cloud. We chose Cloud4C, a Finacle certified partner, to provide a secure and state of the art cloud infrastructure.
- Harsh Mittal, CTO of Shivalik Bank
Take the step ahead
Contact our experts to start your digital transformation journey today.
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