Banking, Finance, and Insurance

IT Solutions you can Bank on

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IT Solutions for Banking Finance and Insurance

  • Overview
    IT Solutions for Banking

    The banking, finance and insurance sector has seen a huge growth due to the emergence of many private companies. The immense competition has made banking and insurance institutions adopt Banking IT regulations to transform their business profiles.

    Banking and insurance are no longer just about automated services. The focus is slowly shifting to regulatory compliance and risk management. To meet these goals, banking, and other financial institutions needs advanced IT services that help them streamline their operations, and make them more secure and cost-effective.

    Futurism Technologies’s IT banking, finance and insurance services take advantage of the benefits of Analytics, Mobile, Social Media, and Cloud (SMAC) technology to support financial and risk management institutions.

  • Offerings
    Banking IT Solutions Offerings
    • Risk and Compliance: Our services are designed to ensure that an institution’s compliance, governance, and risk management segments work together in sync with each other. At Futurism, we help our clients streamline these areas by automating the data governance and trade reconciliation processes. This allows the clients to adhere to RBI, SEBI, and IRDA regulations. We analyze and conduct tests to help our clients make better decisions regarding customer risk assessment. These include loan portfolios, potential gains and losses in the future, and scenario assessment for possibility of credit defaults. Our services include:
      • Data Governance
      • Credit Risk Analytics
      • Trade Reconciliation
      • Regulatory Reporting
      • Support Compliance
    • Retail Banking: At Futurism, we support retail banking institutions by helping them adapt to ever-changing banking industry, customer preferences, while adhering to BFSI regulations. We utilize Application Programming Interface (API) to help our clients keep their online banking systems up-to-date. This allows them to engage and advise customers on the best investment opportunities, and grow their clientele.
      • Deposits
      • Loans
      • Payments
      • Credit and Debit Cards
      • Mutual Funds

  • Differentiators
    Banking IT Solutions Differentiators
    • Minimize Risk: By predicting the success and failure rates of customers in terms of loans, mutual funds, etc., banks can ensure that the risks they take on is minimal. Even a customer becomes insolvent, it won’t put a lot of strain on the bank or insurance institution.
    • Optimize Investments: When you have multiple clients with various investments, Futurism’s IT tools and services can help you not only to balance the investments properly, but optimize them for greater returns. Our operating models make all the banking and insurance more transparent and understandable.
    • Streamlined Business Processes: By availing our services, clients will benefit from the following processes - end to end customer management, automation and routing of various tasks, and detailed process reports for audit purposes.
    • Reduced Support & Maintenance Needs: By streamlining your business processes, clients will encounter fewer problems related to support and maintenance. This will allow them to focus more on serving customers and meeting their needs.
    • Ongoing Cost Savings: The above mentioned benefits will result in fewer technology investments, greater customer growth, and higher savings.


Futurism Technologies has caught the attention of some of the world's leading certification organizations.

The company has been in the limelight for its constant endeavor to provide quality products and services to its customers.