Top 10 Banking Technology Consulting/Service Companies - 2020

We are living in a digital era where everything around us is driven by technology. The utilization of smartphones, the automation of processes, cloud computing, and data analysis is becoming a norm for organizations worldwide. Although the banking sector has lagged until now, financial organizations are kicking the gas on technological incorporation, paving the way for smart technology in banking operations. Banking CIOs are increasingly investing in the latest technologies like chatbots, artificial intelligence (AI), and blockchain to enhance their standing in the competitive landscape.

More than profitability, banking organizations are vying to win over customers by enhancing their customer-facing processes through technology. They are realizing that customers are not interested in waiting for hours. They want a smooth and seamless experience. This is where chatbots are making a difference. Backed by AI technology, chatbots are being used by financial organizations to reduce costs and meet the evolving expectations of their customers. By transitioning to chatbot technology, banks are automating their customer service operations.

To deal with the vast troves of data generated during customer interactions, organizations are investing in robust big data technologies to extract actionable insights and uncover more significant opportunities. The insights drawn using data analytics techniques help financial organizations make informed decisions and operate with foresight. Big data technologies also help banks understand their customers and deliver more enormous benefits, thus ensuring their loyalty. AI and big data technologies are also paving the way for better marketing strategies, product cross-selling, fraud detection, customer feedback analysis, and others.

Amid such trends making a wave in the banking sector, it is becoming imperative for organizations to equip themselves with the latest and most effective technologies in the market. In order to assist such companies in shoring up their capabilities, we have compiled this issue of CIOReview. In this edition, we have listed 10 most promising banking technology consulting/service companies 2020 to highlight the ones that can help you escalate your chances of success. Equipped with innovative technological capabilities, these enlisted service providers are transforming the banking landscape at the cloverleaf of various disruptive technologies. Besides, the magazine comprises insights from subject-matter experts, CIOs, and CXOs on the latest industry trends, best practices, recent innovations, and highlights their expertise. We hope this issue of CIOReview helps you build the partnership you and your organization need to foster an environment driven by robust and efficient technology.

We present to you CIOReview’s “10 Most Promising Banking Technology Consulting/ Service Companies-2020.”

Top Banking Technology Consulting/Service Companies

Urban FT has emerged as one of the leading and fastest-growing financial technology providers to the banking and payment industry. Since launching its first service in 2015, Urban FT now serves over 500 financial institutions, processes over $18 billion in transactions a year, powers over 5 million mobile sessions a month, and processes over 12 million images a year.

Aspire Tech

Aspire Tech

Aspire Tech Services and a Solutions is a leader of next-generation information technology (IT) services and solutions. Our mission is to enable superior returns on clients' technology investments through best-in-class industry solutions, domain expertise and global scale. Technology solutions from ATSS will help transform Financial Institutions and provide critical insights towards adding new forms of consumer-friendly products, channels of delivery, accessibility of services and competitive pricing. Built on four core competencies - Domain, Process, Technology and Innovation; we help establish significant business benefits like risk mitigation, time to market and total cost of ownership

Comtech Global Inc.

Comtech Global Inc.

Comtech Global Inc is a provider of Information Technology services. Our company uses innovative resources to recruit and place quality and highly educated candidates to meet the client’s needs. Comtech Global Inc places candidates in all sectors from Financial, Technology, Health Care and Manufacturing throughout local and International regions. Comtech Global Inc is a certified minority company based in Columbus, Ohio. We have over 20 years of Information Technology experience to meet and exceed our client’s expectations. We have a unique and specialized testing process to ensure a perfect placement for our clients needs. We have a proven success cycle of design and implementation to bring the project to completion with cutting edge methodologies

DBSI Inc

DBSI Inc

DBSI is the only company that offers Transformation Fusion™, a proprietary method that fuses your strategic intent with design-build, technology, staff training (and everything in between) to offer frictionless experiences.The company's comprehensive Branch Transformation services include strategic planning, design-build, branding, technology, digital signage, construction, core integration, and equipment

intellective

intellective

Intellective has extensive experience implementing Enterprise Content, Process Automation, and RPA systems. Intellective can quickly integrate your core business applications, CRM's, content and process systems. Our experience and tools will seamlessly provide access to data from across your enterprise

Kentara

Kentara

Kentara provides risk-based pricing and risk capital consulting services globally to banks and credit unions. We mobilize the right people, skills, business analytics, and technology design to help lenders properly balance risk and reward, measure and improve their performance, and gain insight into regulatory expectations and best practices

Oyster Consulting LLC

Oyster Consulting LLC

Provides services such as New Product Implementation, Strategic Alignment of Trading and Wealth Risk Management.Oyster offers services in these areas from our consulting, outsourcing and software platforms. Our experienced industry practitioners add more value than career consultants and help us approach each client with practical solutions to their challenges.Whether you are starting a firm, have a regulatory concern, or want to outsource certain tasks, Oyster would like to earn your business

Sapphire Consulting Services

Sapphire Consulting Services

An international systems consulting company providing solutions such as Core Banking Solution, Financial Reporting, Online stock trading, Technology Outsourcing, Treasury Analysis and Automation of financial systems

Yodek Services

Yodek Services

Yodekservices is a consultancy group of specialists, who are experienced and qualified and have done the hard yards inside Enterprise Organizations. We offer services both Large and Small business wishing to have any kind of effect. We at present work with vast undertaking associations, medium and little corporates and additionally Government organizations. We convey best of breed specialists, and administrations to have any kind of effect.Yodekservices is partnering with banks and other financial institutions to transform their businesses and stay ahead of a changing marketplace

Zencos

Zencos

Provide services around model risk governance, transaction monitoring, scenario tuning/optimization, reporting and analytics, regulatory compliance process improvement, and our managed services