Remain Connected in a No-Boundaries World.
Banks need to control costs, manage risk, and combat volatility to stay afloat. On the other hand, the
biggest challenge they face is in engaging the customer. Customers impatiently look for.
• Wealth creation ideas
• Tips on savings.
• Access 24/7.
Banks are you ready? At BRVTECK, we offer custom solutions to meet all these challenges. Hold on; there
are evolving challenges. Smart Account Opening, customer engagement, loans originating and
processing, reducing operational cost, profit enhancement, the list goes on for banking and finance
sector to remain competitive. In India, a large number of people is coming forward to open bank
accounts due to government’s initiatives to effectuate cashless transactions. Billions in India are not fully
Millions want to open new accounts. Banks require Account Opening Software to help a significant
number of customers to open new accounts. People want easy solutions and user-friendly dashboards.
Understanding these unique requirements, Team BRVTECK is moving proactively to help customers use our
tailored solutions like smart mobile banking solutions and consulting services to banking and finance
segment. Shall we partner?
Banks You Need Advanced Safety Features and Data Management Optimization.
After the great recession 2008, many mega corporations shut down in the US. Banks were the worst hit,
and due to its impact, many companies were forced to opt for mergers and acquisitions for survival. In
India post demonetization, banks saw unprecedented workflow. Other than this is the continuous threat
of malware asking even Wipro CEO to shell out cash. Cyber security to cards and payments is a serious
issue, and BRVTECK has genuine concerns to calm the worries of relevant stakeholders.
Today, we see many banking institutions in India going for mergers. For example, Kotak Mahindra
merged with ING Vysya in 2015. Union Government proactive digital policies resulted in the merger of
SBH with parent bank SBI. The government is also planning to sell a few nationalized banks also. All
these will result in data merger, data transfer, ensuring cards and payment security without a security
breach. Yes, existing risks and emerging risks call for an additional layer of security to cards and
payments. At BRVTECK, we have comprehensive as well as tailored IT solutions for cards
and payment businesses.
Cards and Payments Stakeholders, You Need
• Electronic Bill Presentment and Payment (EBPP)
• Electronic Invoice Presentment and Payment (EIPP).
Secondly, have you thought about modernizing of payment mechanisms and ATMs? Are you mulling
Switch and Payment Gateway Integration? If you want to create delightful transaction experience, it is
important that you should avail the services of experienced IT team like BRVTECK.
Look at the challenges at present:
• Data Management for E-Commerce and M-commerce
• Handling anti-fraud payments
• Creating multichannel and omnichannel experience
• Dealing with cryptocurrencies
Banks, you need to optimize data management to be with customers’ evolving requirements. Banking
industry should address the security issue mentioned above and win the customers as well as
businesses’ trust. Grow with analytics and improve customer value, provide advanced safety features.
Help customers with our predictive analytics solutions.
Existing challenges like Run-the-Bank (RTB) costs, owing to the FTE based pricing needs to be addressed
with our robust IT solutions. More challenges are in the offing as banks looking towards shutting down
their branches in large numbers globally. Avail big data, cloud technology, predictive analytics through
our IT solutions. That is the way forward.
Investment Banking will Receive a Fillip by Identifying Core Focus Areas.
Investment banking segment always faces regulatory changes. Regulatory scrutiny of essential functions
like capital, risk management, liquidity, compliance, traded markets, and governance poses challenge to
investment banking calling for automated BI solutions. The more you delay in this, the more you lose the
market share to your competitors.
Investment banking thrives with IT enabled personalized solutions. JP Morgan termed investment
banking as a non-growth sector. Does it mean that the situation cannot be turned around? Team Astrrix
thinks otherwise. We feel we can make this into a growth area with strategic IT enabled solutions.
Investment banks, you require:
• Sophisticated in-house applications
• Innovative customer-facing portals
• Creating multichannel and omnichannel experience
• Transparency and security on many fronts
Against this challenge, BRVTECK feels tailored or custom risk management and analytics
solutions to investment banking companies. Banking segment requires robust solutions like automated
testing, proliferating customer-facing portals, and safety features to respond effectively during this
digital and mobile friendly era.
If your requirement is for Blockchain technology to reduce compliance cost by 50%, we can offer
auditing friendly packages that don't require data reconciliation.
Investment Bankers, your shrinking revenue pools are our concerns. Avail custom IT applications from us
and focus on your core strengths and increase your ROI. Collaborate with BRVTECK Team to raise bottom
line profits by strategically focusing core priority areas.