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MindTree's Banking and Financial Services Industry Group
MindTree recognizes the unique mix of challenges faced by the global banking and financial industry - from the need for better risk management to rapid product expansion and market penetration. We provide solutions with technologies such as web services and business intelligence to help financial institutions maximize value from their customer relationships, transform business processes, and rationalize product portfolios. We understand your business needs and challenges, and craft solutions which add real value - while managing costs.Our team employs a domain-centric and business-impact driven approach of working with our clients. This approach to banking and financial solution outsourcing focuses on maximizing cost savings in quick time while enhancing the quality of service for our client's customers. We accomplish this by cross leveraging our experiences from successful outsourcing programs undertaken both with first time outsourcers as well as Fortune 500 companies.
Banking and Financial Services Industry Segment and Service Offerings
MindTree's banking and financial services group is structured around retail banking, wholesale banking, and risk & compliance with focus on various sub-practices as showcased in the diagram below:
Service Offerings
MindTree's service offerings in the banking and financial services (BFS) industry cater to a wide spectrum of customers; from diversified firms to niche players such as commercial and private banks. Some of the world's leading finance and wealth management organizations are our clients. Having built mission critical applications for Fortune 500 clients, the proposition of 'A long term partnership combining domain centric delivery model, process maturity, and global delivery model (Oneshore TM)' re-emphasizes our commitment towards adding more value to our clients than just building solutions. Our clients can be assured of best operational policies with proven and certified processes and people delivery with risk compliance.We have alliances with Quattro and Murex to provide solutions for the banking and financial services industry.
Some of our key service offerings to the varied financial services industry segments are:
- IT Strategy Consulting
Our service offerings are consulting-led and cater to clients seeking best-fit of their business vision with IT resources such that the return on investment (ROI) is maximized while minimizing cost and resource management challenges.
MindTree also helps organizations in identifying and implementing process improvement interventions along with IT interventions which help organizations in making 'Buy/Build/Extend' decisions. - Risk Management Consulting
Dealing with change while ensuring compliance, is a key challenge faced by financial institutions today. MindTree helps its clients in chalking out a road map to deal with compliance requirements of the industry and become better equipped to manage risks. MindTree has proven and certified processes and people who bring in the experience, scale and choice in business models to suit partner needs. - Applications Development, Integration & Maintenance
With technical capability and domain expertise to serve banking and financial services industry, MindTree provides a suite of application development, integration, and maintenance services. With extensive project experience and expertise in areas like business analysis, Java, J2EE, Microsoft, testing, business intelligence and data warehousing (BI & DW), mainframe, DBA, infrastructure management, etc, MindTree is well equipped to provide solutions to the most complex business requirements and challenges.
Why MindTree
- Business analysis capabilities
- IT strategy, enterprise and application architecture capabilities for Banking and Financial Services
- Flexible business models to suit almost any requirement
- Best midsize global delivery vendor - the right blend of attention, agility and execution excellence
- Package application expertise and Centers of Excellence
MindTree sets up offshore centre for CIT
Bangalore June 26 MindTree Consulting has set up an offshore development centre (ODC) for CIT Group Inc, a global provider of commercial and consumer finance solutions. The ODC will initially employ 75 consultants and later over 100 as the $80-billion CIT continues to invest in technology for its global operations.
As the primary application development partner, MindTree will service CIT's speciality finance, sales, collaboration and corporate IT systems.