Banking And Financial Services
Bank on our wealth of experience for IT Service and Solutions For Banking.
Blockchain Technology Development
At Epical, we boast of having unmatched experience in assisting financial institutions to embrace the unprecedented changes from the external global environment. We have had the good fortune of working with some of the world’s leading banks and financial institutions, offering them a comprehensive range of Banking Software solutions.
The banking industry has experienced turbulent times with adverse economic conditions and exceedingly limiting regulatory control, along with increasing the need for large capital. There is also huge pressure on the banks from their customer base who expect immediate response and services across a range of communication channels. Owing to tightening budgets banks are proactively cutting costs and working with enhanced revenue cycle management.
In this scenario, banks need an able partner who can drive technology-led business operations and that’s us. Our range of value offerings includes replacing monolithic legacy enterprise systems with contemporary business applications, unification of customer data, and automation of processes along with the integration of multiple systems. Our Banking Software solutions help the banks and financial institutions revolutionize their business processes and steer smoothly into the digital world.
Solution World Banking
A paradigm shift is currently under way in the banking sector: It is no longer the bank, but the end consumer who decides when, how and where he wants to conduct his banking business. This requires digital technologies, mobile communication channels, process automation (back- and frontend) and open architecture. The Epical Business Unit Banking supports private commercial banks as well as public-sector credit institutions, cooperative banks and other financial service providers with IT solutions, consulting and outsourcing on their way to digitalization.
Our SolutionWorld Banking is a set of IT solutions for banks and financial service providers. In addition to the Epical Core Banking Solution, other products such as the Online Banking Solution, the Epical Credit Product Configurator or the Anti-Money Laundering Software, are also essential components of our banking IT world.
Modernizing the banking landscape
Technology is constantly changing the way we bank. Banks are shifting from brick and mortar branches to remote digital personas. Banking today is anywhere and anytime, allowing customers to transact; as per their convenience.
Banks have rediscovered their journey by leveraging next-gen technologies, creating value from data and elevating customer experiences. From fulfilling changing customer expectations, to reinventing new business models; banks are providing integrated solutions to address industry challenges and are increasingly putting customer lifestyles; at the center of every strategy.Banks have rediscovered their journey by leveraging next-gen technologies, creating value from data and elevating customer experiences. From fulfilling changing customer expectations, to reinventing new business models; banks are providing integrated solutions to address industry challenges and are increasingly putting customer lifestyles; at the center of every strategy.
As a vertical, servicing one of the most technologically mature industry segment, Epical banking IT services combines the vision of a start-up with 28 years of delivery excellence.
Banking technology solutions
Epical’s banking technology solutions are defined by the market segmentation of Traditional Incumbent Banks, Digital Banks by Incumbents, Born Digital Banks and Tech Digital Banks. We base our approach on the varying degree of digital enablement required in each of these segments. So, at one end of the spectrum, we look at augmenting and enabling the legacy platforms with microservices and niche fintech solutions, while the other end is serviced via greenfield implementations and first-time integrations.
Our three-pronged strategy
We have a three-pronged outlook to servicing our banking clients:
- Domain context-driven solutions, leveraging Hexaware’s three brand identities; Mobiquity, Amaze® and Tensai™
- Banking partnerships and fintech collaboration; incubating working prototypes in the banking virtual lab
- Focus on strategic consulting, transformation solution and Business-as-Usual services; across consumer banking, corporate banking, cards and payments
Bringing together the skills, technical expertise and capabilities, we aim to redefine the banking ecosystem by elevating the customer experience and enabling the banks to seize value-driven opportunities.