Financial services are the economic services provided by the finance industry, which encompasses a broad range of organizations that manage money, including credit unions, banks, credit card companies, insurance companies, accountancy companies, consumer finance companies, stock brokerages, investment funds and some government sponsored enterprises.
To flourish today in banking world, banks need to focus on key banking drivers such as Technology Architecture, Target Operating Model, Customer Need Analysis, Channel Management and Customer Centric Pricing. Banking is becoming more competitive with time and is coming with more opportunity of growth and expansion. We can help you grow and transform in landscape of technology, customer needs and banking process by being your Transformation partner.
To be successful with so many challenges, banks must offer an extensive spectrum of monetary, investment and insurance products in real-time that are easy to use and improve its profitability which is very critical to success.
Our financial solutions expertise has a major focus on
Global Insurance business is adapting itself to a rapidly evolving competitive and regulatory landscape as it lays the foundation of the next generation Insurance Enterprise. Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for payment. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.
Insurers all over the world are facing challenges of increasing competition, tightening regulations, reducing profit margins, growing customer expectations and consolidation. PISoft innovative solutions are transforming business performance through a combination of process enhancement using "partnership" model of working with our customers.
Emerging technologies have greatly shaped this new strategic thinking and have given Insurance companies significant competitive advantage. Our Business Rule Engine implementation capability completes our bouquet of services in Insurance industry Insurance Business Analytics is best of breed home grown analytics solution which is highly customizable and scalable
With our customer focused mindset and desire to become a seamless extension of the modern Insurance organization, PISoft is well-positioned to deliver superior value with its rich service offerings, domain depth and innovative engagement models. This diversified knowledge base combined with our extensive experience and competence in domain, technology, tools and test methodologies will help overcome business challenges in the Insurance business.
One of the industry sectors that has relies heavily on information technology is healthcare and life sciences. Technology in the healthcare industry is used for hospital management, administration, diagnostics, drug safety, regulatory compliance, research, clinical development, and to support competency centers used by clinics, doctors, scientific medical researchers. The Healthcare Industry today is continuously improving with its major focus on providing quality managed healthcare services to the ever-growing health conscious and unhealthy people. Healthcare is no longer being measured by the number of transactions, but instead on the outcomes of patients.
We delivers a comprehensive portfolio of technology, service and support offerings to proactively address the increasing demands placed on healthcare IT organizations.
Retail is the sale of goods and services from individuals or businesses to the end-user. Retailers are part of an integrated system called the supply chain. A retailer purchases goods or products in large quantities from manufacturers directly or through a wholesale, and then sells smaller quantities to the consumer for a profit. The retail industry is at an inflection point, both from a business model and customer engagement perspective.
A marketplace is a location where goods and services are exchanged. The traditional market square is a city square where traders set up stalls and buyers browse the stores. This kind of market is very old, and countless such markets are still in operation around the whole world.
In some parts of the world, the retail business is still dominated by small family-run stores, but this market is increasingly being taken over by large retail chains. Most of these stores are called high street stores. Gradually high street stores are being re-grouped at one location called Malls. These are more defined and planned spaces for retail stores and Brands.
Retailers must address these and a number of other issues to power growth. They need to use technology for operational excellence, manage regional preferences, improve customer satisfaction, and expose store merchandizing trends in real time for smarter business decisions. These retailers work with us in implementing the right technology across Store management, Supply chain, Merchandise, Planning and Optimisation along with Marketing, HR and Finance to enhance their business outcomes.
The telecom industry is experiencing a change not only in the expectations of business customers, in the change in technology environment as well. In order to meet customer demands, face competition, maintain QoS, and offer new services, telecom companies have to heavily invest in network transformation.
The telecom industry has seen a considerable growth rate in subscriber base over the last decade, with increasing network coverage and a competitive drop in tariffs acting as catalysts for the growth in subscriber base. With the emergence of new technologies, smart phones, GPS and 5th generation handsets, various operators in the telecom industry are forced to shift their focus on Value Added Services.
IT Services helps the telecom sector to Optimize operational costs through service bundling, Gain real-time access to technical experts through the Network Operating Center(NOC). Improve productivity and customer experience with our Hybrid Delivery Model through the NOC and onsite support.
The telecom industry is the rapidly increasing industry in today's fastest developing world targeted more by wireless revolution. Telecom industry has undergone a many changes to transform by using major strategy reforms. The concept of a monopoly was challenged by vastly changing technological environment as well as expansion in the wireless field.
Manufacturing takes turns under all types of economic systems. In a free market economy, manufacturing is usually directed toward the mass production of products for sale to consumers at a profit. In a collectivist economy, manufacturing is more frequently directed by the state to supply a centrally planned economy. In mixed market economies, manufacturing occurs under some degree of government regulation.
In the manufacturing industry, the focus is on optimally utilizing existing infrastructure and investing in new process improvements to reduce operational costs, increase efficiency and ensure quality and safety is maintained. Enterprise-wide manufacturing solutions are the cornerstones of today's manufacturing companies across the Automobile, Aerospace, High-Tech and industrial domains, among others.
In addition to general overviews, researchers have examined the features and factors affecting particular key aspects of manufacturing development. They have compared production and investment in a range of Western and non-Western countries and presented case studies of growth and performance in important individual industries and market-economic sectors.
In business benefit driven framework coupled with its deep domain expertise, service offerings, business & edge solutions, and strong IT capabilities helps customers in addressing specific requirements, gaps and challenges and enable them to achieve targeted business performance while keeping total cost of ownership at optimum level.
Our manufacturing enterprise solutions span the entire manufacturing spectrum, including,