Banking, Financial Services, and Insurance
Rapid technological advances impact every impact of the BFSI industry.
Mobile apps make transactions easier, serve results quicker, and deliver an on-the-go customer experience. QuadraByte understands that with the creation of rapid transactions and volumes of generated data, there is a need for dashboards, data solutions, and predictive analytics.
Key Benefits of Data 360
Our experts offer innovative and strategic solutions.
Our full suite of data solutions helps with BFSI lifecycle management and unlocks a wealth of new opportunities through the power of unique data accelerators.
QuadraByte engineers can help you create a resilient cloud strategy to support your organizational leaders, harness data for deeper insights to facilitate intelligent decision making, and support your customers in areas they expect.
QuadraByte’s data architects can ensure that your BFSI data strategy meets industry security standards, such as PCI and access management, through security tools and best practices that augment your existing technology.
Blockchain is transforming everything from payments and transactions for BFSI. Blockchain technology has received a lot of attention over the last decade as a crypto and non-fungible token (NFT) craze, but it has the potential to offer so much more.
With private blockchains, organizations can harness the power of decentralized ledgering to increase trust and speed in auditability, trust in transactions, and decentralization of data.
Business analytics helps financial institutions with much-needed insights into existing and potential customers across various loan portfolios.
Analytics can also help with recovery insights, interest rate insights, account aging analysis, customer categorization, geographical distribution, and quarterly loan trends.
AI and data in the BFSI industry are filled with untapped potential, many views AI only as chatbots, but it can be much more. Driven by behavioral and data science to develop real-time insights, banks can make informed decisions based on a customer’s purchase history, each with something that seems personally relevant.
Machine learning consulting helps companies deploy ML algorithms trained with corporate data to automate and optimize various business processes. With solid expertise in the ML domain, QuadraByte helps enterprises personalize recommendations for customers, detect fraud, predict churn, and more.