The Banking, Financial Services and Insurance (BFSI) sector is undergoing a rapid transformation today. The changes in digital world have a profound impact on financial institutions. Customers, particularly the GenX, want to use digital channels as their primary means of interacting with financial institutions and expect continuous customer engagement which has forced BFSI service providers to look at alternate operating models. Additionally, the regulatory changes, diminishing profit margins and growth factors have added to the pressure.
Banks are facing competition from non-Banking players such as Facebook, Google, PayPal, Paytm, retailers, telecom providers and many more. This trend is likely to increase in scope and intensity. These fast changing trends create tremendous challenges for Banks to retain their market position and customer base.
Tech genius Jignesh Shah had the foresight and business acumen to tap into the futuristic possibility of financial banking transactions going digital. He invented products that enable banks in making the transition from traditional to digital smoothly.
63 moons caters and captures the changing trends that are floated by the financial regulators from time to time. Our techno-functional team have the first-hand domain expertise in areas like Credit, Market and Operational Risk.
With over five years of experience in offering innovative solutions for Retail & Wholesale Banking and Financial Regulators, 'Risk Solutions' through its flagship products namely 'DataCollector' & 'Riskalculator' helps in directing the wind of these changes in the right direction by providing immense opportunities for offering better products, services and a superior customer experience.