Banking, Financial Services and Insurance (BFSI)

In today's highly competitive business landscape that leads to a high customer turnover, financial institutions are increasingly adopting and harnessing new technological changes to enhance customer loyalty, increased productivity and streamlined internal processes.

Espire's full-spectrum software service offerings in the BFSI domain offer businesses the key to leverage the emerging opportunities available in the market. With the change in the delivery channels and ever-rising customer service expectations, Internet has redefined the nature of how, when and where the world invests. Espire provides a complete bouquet of IT development, support & maintenance, and testing & quality assurance of business applications which are tailored to the needs of the BFSI customer-focused strategy.

Why Espire

It has a major vertical specialisation expertise where, Espire focuses on the design, development and implementation of solutions to meet the challenges and constraints faced by our clients in the BFSI industry. Espire helps clients address challenges successfully while dealing with legacy applications, technological upgradation. Its rich repository of re-usable components and comprehensive set of test cases help towards cost optimization, reduce delivery timelines.

Espire's cost-effective and value-added services have helped several banks, financial institutions and wealth management companies achieve exceptional success in their respective fields.

Some of our solutions for the BFSI are:

  • Core business execution & delivery applications
  • Business intelligence and data warehousing
  • Line of business software applications

Espire's BI Solution for Banking and Finance Industry

iCreate is a ‘Business Intelligence for Banking’ specialist that focuses on BI, Reporting, Performance Management & Analytics solutions for banks. Their solution, Biz$core is a ready-to-implement, enterprise-class, integrated BI, Analytics and Performance Management solution which is built exclusively for banking institutions. Espire and iCreate have come together to provide productive Business Intelligence solutions to banking and financial enterprises in western Europe, using cutting edge tools, processes, analytics and measurements, which will bring significant business benefits to BFSI clients.

Biz$core is built on iCreate's Banking Intellisense philosophy that combines the power of extensive banking, domain knowledge and technology excellence. Biz$core integrates seamlessly with the core banking system and other transactional systems to deliver up-to-the-minute analysis of key business indicators. Biz$core features pre-built modules for Retail Banking, Credit Cards, Corporate Banking and Asset Management. Its add-on modules enable 360 degree views across the bank (Analytics 360), Strategic Growth (Sales Effectiveness, Cross Sell) and Business Optimization (Profitability, Compliance and Regulatory Reporting).

Highlights of the Solution:

  • Integrated Reporting, BI, Analytics & Performance Management solution
  • Fastest BI implementation at the lowest TCO.
  • Pre-built productized data adaptor framework for industry standard core banking platforms
  • Pre-fabricated banking industry specific dashboards, analysis, reports, scorecards, KPIs
  • Banking domain specific product: Pre-defined ODS, Data Warehouse/Mart
  • Delivered by a team of Banking BI experts

Espire Value Addition:

  • BFSI domain knowledge to better identify the pain areas
  • Technology expertise to translate the domain expertise into viable solutions
  • Rich repository of re-usable components and ready set of test cases to reduce the cost of development and delivery timelines
  • Awareness of the key industry requirements like performance, scalability, reliability, security and interoperability
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Client Speaks

 
"Espire, through its many capable and committed resources have continued to provide us services and solutions to the best of our satisfaction"
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