Data intelligence in the BFSI industry

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?

Disruptive processes in BFSI

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 and compliance risks in BFSI

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 in BFSI

Siloed Data Processes

62% of bankers believe organizational culture to be a deterrent within the BFSI sector.

Lack of technology skills in BFSI

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?

Powering banking-as-a-service

Banking-as-a-service
(BaaS)

Integrating with financial institutions and other non-bank companies reveals new streams of revenue, product innovations, and caters to customer’s growing tech-savvy needs.
Blockchain banking solutions and services

Blockchain
Banking

Build smart contracts, simplify payments, and validate transactions.
AI-powered insurance solutions and services

AI-Powered
Insurance

Using RPA and AI can automate manual tasks such as customer onboarding, KYC checks, processing transactions and compliance.
RegTech solutions and services

RegTech

Using a combination of AI, blockchain, and cloud computing, RegTech streamlines regulations involving data privacy and security.
Generative AI solutions and services in BFSI

Generative
AI in
FinTech

Building hyper-personalized financial plans and investment strategies based on customer profiles and their behavior.
Embedded Finance solutions and services

Embedded
Finance

Embedded finance streamlines financial operations and offers cutting-edge customer experiences.
Open banking solutions and services

Open
Banking

Cloud-powered API management platforms help BFSI institutions to share customer data with third-party developers, fintech and non-fintech partners securely.
Peer to peer lending solutions and services

Peer-to-Peer
Lending

Peer-to-peer lending platforms enable BFSI businesses to borrow and lend loans without middlemen.
Climate insurance solutions and services

Climate
Insurance

Enabling geospatial analytics and climate modeling tools on cloud creates accurate risk models, price policies and customize insurance products to minimize climate-related losses.
Sustainable solutions and services

Sustainable
Finance

Providing green bonds, sustainable investment funds, and carbon footprint tracking tools enables sustainable business practices.
Sandboxing solutions and services

Sandboxing

Safe and scalable sandbox environments for regulatory experimentation, innovations and compliance with latest regulations.
Robo-advisory solutions and services in BFSI

Robo-Advisory
Platforms

Provides automated retirement planning and investment services to retirees.
Defi solutions and services for BFSI

Decentralized
Finance
(DeFi)

Enables peer-to-peer lending and automated market planning for innovation, liquidity provision.
Carbon credit trading solutions and services

Carbon
Credit
Trading

Enables the buying and selling of carbon credits through blockchain technology.

Transforming BFSI Processes with Tech:
Top Use Cases

  • IoT adoption in BFSI on cloud

    IoT in Banking

    Cloud-powered IoT and collaborative tools can reimagine core business operations, enable new innovations, and create transformative banking experiences.

  • Regulatory compliance management in BFSIs

    Regulatory Reporting & Decision-making

    Cloud-powered IoT and collaborative tools can reimagine core business operations, enable new innovations, and create transformative banking experiences.

  • Transformative digital BFSI solutions

    Transformative Technologies

    Cloud-powered IoT and collaborative tools can reimagine core business operations, enable new innovations, and create transformative banking experiences.

  • Fraud analytics in BFSI

    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 solutions and services

    Wealth Management

    Cloud-native wealth management platforms streamline asset allocation, offer real-time updates to clients, and track investment performance.

  • Supply chain finance management on cloud

    Supply Chain Finance

    >Offers working capital financing to suppliers and buyers within supply chain networks.

  • Security and asset tokenization solutions

    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 solution

    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 management on cloud

    Digital Asset Custody

    Combination of multi-signature wallets, cloud storage solutions, and access controls to protect digital assets.

  • Dynamic pricing management on insurance

    Dynamic Pricing in Insurance

    Dynamic pricing cloud models calculates premiums in real-time based on market and consumer behaviors.

  • Elastic Computing

    Elastic computing solutions and services

    Elastic Computing

    Elastic computing cloud tools manage high-volume transaction processes during market fluctuations.

  • Decentralized identity management solutions

    Decentralized Identity Management

    Using cloud-based decentralized identity management solutions ensures control over digital identities.

  • Digital payments solutions on cloud

    Digital Payments

    Leveraging AI and blockchain can enhance the speed of transactions and payments.

IoT adoption in BFSI on cloud

IoT in Banking

Cloud-powered IoT and collaborative tools can reimagine core business operations, enable new innovations, and create transformative banking experiences.

Regulatory compliance management in BFSIs

Regulatory Reporting & Decision-making

Cloud-powered IoT and collaborative tools can reimagine core business operations, enable new innovations, and create transformative banking experiences.

Transformative digital BFSI solutions

Transformative Technologies

Cloud-powered IoT and collaborative tools can reimagine core business operations, enable new innovations, and create transformative banking experiences.

Fraud analytics in BFSI

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 solutions and services

Wealth Management

Cloud-native wealth management platforms streamline asset allocation, offer real-time updates to clients, and track investment performance.

Supply chain finance management on cloud

Supply Chain Finance

>Offers working capital financing to suppliers and buyers within supply chain networks.

Security and asset tokenization solutions

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 solution

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 management on cloud

Digital Asset Custody

Combination of multi-signature wallets, cloud storage solutions, and access controls to protect digital assets.

Dynamic pricing management on insurance

Dynamic Pricing in Insurance

Dynamic pricing cloud models calculates premiums in real-time based on market and consumer behaviors.

Elastic computing solutions and services

Elastic Computing

Elastic computing cloud tools manage high-volume transaction processes during market fluctuations.

Elastic computing solutions and services

Decentralized Identity Management

Using cloud-based decentralized identity management solutions ensures control over digital identities.

Digital payments solutions on cloud

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

  • Bank-in-a-box

    A holistic banking solution suite developed to manage the overall banking transformation process, end-to-end.

  • Insurance-in-a-box

    Helping insurance companies achieve transformative outcomes in a single SLA till application layer.

  • SAP Solutions

    Implements SAP financial service management suite on the cloud platform of your own choice to improve financial planning and decision-making.

  • 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.

  • 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.

  • IT Modernization

    Revamping legacy customer and employee engagement models to ensure customer excellence and business continuity.

  • Cybersecurity

    Deploying latest security tools and frameworks for banks for compliance and risk management as mandated by the legal authorities.

  • FinOps

    Adopting predictive analytics and automation for customer profile building, hyper-personalizing financial services, and accelerating business growth.

  • Workspace Management

    Helping BFSI firms assess inefficiencies, optimize workflows, and enhance project management.

  • Automation & AI Analytics

    Improves credit assessment and management (CAM) processes, investment research, portfolio management, and algorithmic trading

  • Disaster Recovery

    Involves risk assessments, continuity plans, crisis communication strategy, and consistent testing to ensure resilience and data integrity for BFSI firms.

  • Compliance-as-a-service

    Maintains compliance with the latest in-country and Central Bank regulations and standards by streamlining internal operations and governance frameworks.

Bank-in-a-box

A holistic banking solution suite developed to manage the overall banking transformation process, end-to-end.

Learn more

Insurance-in-a-box

Helping insurance companies achieve transformative outcomes in a single SLA till application layer.

Learn more

SAP Solutions

Implements SAP financial service management suite on the cloud platform of your own choice to improve financial planning and decision-making.

Learn more

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.

Learn more

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.

Learn more

IT Modernization

Revamping legacy customer and employee engagement models to ensure customer excellence and business continuity.

Learn more

Cybersecurity

Deploying latest security tools and frameworks for banks for compliance and risk management as mandated by the legal authorities.

Learn more

FinOps

Adopting predictive analytics and automation for customer profile building, hyper-personalizing financial services, and accelerating business growth.

Learn more

Workspace Management

Helping BFSI firms assess inefficiencies, optimize workflows, and enhance project management.

Learn more

Automation & AI Analytics

Improves credit assessment and management (CAM) processes, investment research, portfolio management, and algorithmic trading

Learn more

Disaster Recovery

Involves risk assessments, continuity plans, crisis communication strategy, and consistent testing to ensure resilience and data integrity for BFSI firms.

Learn more

Compliance-as-a-service

Maintains compliance with the latest in-country and Central Bank regulations and standards by streamlining internal operations and governance frameworks.

Learn more

Watch how we helped Philippine's Unistar Corporation bring their digital transformation vision to life

Cloud4c 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.

ISV open banking solutions

80% of ISVs are willing to accept open banking payments

AI and Automations in BFSI ISV solutions

Demand for AI, ML and RPA into their solutions

SaaS usage for BFSI ISVs

An average SMB uses between 7-130 SaaS applications.

Personalized BFSI services

Demand for hyper personalization and omnichannel marketing

Impact Stories

SAMA compliance for Saudi Digital Bank success story

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 becomes digital ready success story

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.

Cost savings on AWS for Microfinance bank case study

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 banking firms

Digitization for Legacy Banks: Cloud-native risk management for a fool-proof evolution

Read More

Cloud-native risk management in BFSI

Digitization for Legacy Banks: Cloud-native risk management for a fool-proof evolution

Read More

Omnichannel banking operations

Digitization for Legacy Banks: Cloud-native risk management for a fool-proof evolution

Read More

Futuristic banking technology solutions

Digitization for Legacy Banks: Cloud-native risk management for a fool-proof evolution

Read More

Compliance-as-a-service for banks

Digitization for Legacy Banks: Cloud-native risk management for a fool-proof evolution

Read More

BFSI transformation on cloud case study

Digitization for Legacy Banks: Cloud-native risk management for a fool-proof evolution

Read More

Customer testimonial from Shivalik Bank

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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