New Breed of Disruptors in Financial Technology

2019 will be a make or break year for many financial institutions and their use of technology. User will either demonstrate significant improvements in automation, digitalization, analytics, quality, productivity, security, and compliance or they will start going backward compared to their peer group. There is no need for institutions to reinvent the wheel to achieve the necessary objectives, as the tools that they need to deploy like Blockchain, Big Data, AI, and Cloud are all available commercially.

10 Most Recommended Financial Technology Solution Providers - 2019

2019 will be a make or break year for many financial institutions and their use of technology. User will either demonstrate significant improvements in automation, digitalization, analytics, quality, productivity, security, and compliance or they will start going backward compared to their peer group. There is no need for institutions to reinvent the wheel to achieve the necessary objectives, as the tools that they need to deploy like Blockchain, Big Data, AI, and Cloud are all available commercially. Moreover, The Demand From Customers For Digitalization Of Financial Products And Services Is Huge. When Customers Can Access Excellent, Customer Centric, OmniChannel, AppBased Digital Services In Many Other Aspects Of Their Lives (Travel, E-Commerce, And Media) It Is Hard To Justify Current Online Banking, Insurance, And Investment Offerings. Plus, The Majority Of Products And services In Financial Services Are Not Yet Digitalized At All. It Is The Smart Phone App Versions Of Banking, Insurance And Investment Services That Customers Will Be Demanding Increasingly, And This Is How Providers Will Be Judged For Their Technology Knowhow In The Future. India has a diversified financial sector under going rapid expansion, both in terms of strong growth of existing financial services firms and new entities entering the market. The sector comprises commercial banks, insurance companies, non-banking financial companies, cooperatives, pension funds, mutual funds, and other smaller financial entities. The banking regulator has allowed new entities such as payments banks to be created recently, thereby adding to the types of entities operating in the sector. However, the financial sector in India is predominantly a banking sector with commercial banks accounting for more than 64 percent of the total assets held by the financial system. Thus, digital transformation will be uncontrollable in the financial services arena this year. Just so you don’t get lost searching for the best, we bring to you a list of “10 Most Recommended Financial Technology Solution Providers - 2019”. Being closely scrutinized by a distinct panel of judges including CEOs, CIOs, CXO, analysts, and CIOInsider editorial board, we believe that these vendors will provide superior consumer experience and scalability which will be a differentiating factor in the sector of Financial Technology.