Banking, Insurance & Financial Services (BIFS)

InnoVest helps Banks, Insurance & Financial Services (BIFS) firms enhance infrastructure and software applications, manage legacy system transformation, implement new technology and comply with regulations while driving efficiency and managing risks.

Financial institutions are implementing customer-centric innovative methods to optimize business processes, consolidate IT systems and simplify customer service while complying with regulatory norms and enhancing security. BIFS firms understand the benefits associated with Business Process Management (BPM), service oriented architecture (SOA) and the like.

InnoVest provides enterprise architecture expertise and software outsourcing capability combined with industry knowledge. These skills help financial institutions address business needs and achieve positive, measurable ROI. InnoVest’s BPM and SOA expertise help provide a consistent enterprise view, facilitate transformation, bring best practice workflows and increase operational efficiency.

InnoVest’s experience working with financial institutions and industry-leading technology vendors provides a unique advantage to cross-leverage skills and best practices. Leading retail & wholesale banks, card services, lending firms, investment banks, securities traders and brokerage firms all have partnered with InnoVest and our consortium to conceive, transform and optimize software platforms to meet their business imperatives.

InnoVest partners with leading software companies and global outsourcing providers in the areas of BPM, cash management, online customer self-service, enterprise content management, and banking and payment technologies, providing the entire range of services from product conceptualization to implementation and through to customer implementation and support.

Technology-Based Services

 Analytics and Decision Support
 Application Development and Maintenance
 Business Process Management (BPM)
 Customer Relationship Management (CRM)
 Enterprise Reporting
 IT Services
    1. Asset Management
    2. Business Intelligence
    3. IT Service Management
    4. ITIL Process Implementation
    5. Service Assurance
 Production Support
 Service Oriented Architecture (SOA)
 Software Development
    1. Architecture
    2. Networking
    3. Offshore Development Center
    4. Quality Assurance
    5. Security
    6. Software Porting
    7. Software Testing
 Software Quality Assurance
 Strategic Enterprise IT Roadmap (STEIR)
 Systems Integration