In today's highly oligopolistic business landscape that leads to a high customer turnover, financial institutions are increasingly harnessing new technologies to effectuate enhanced customer loyalty and streamline their internal processes.
Espire's full-spectrum software service offerings in the BFSI domain offer businesses the key to leveraging the emerging opportunities and new markets. With changing delivery channels and ever-rising customer service expectations, the Internet has redefined the very nature of how, when and where the world invests. Espire has been a leader in conceptualisation and development of Web-based business applications since the nascence of the Internet. Today, Espire provides a complete bouquet of development, support & maintenance, and testing & quality assurance of business applications with a keen BFSI customer-focused strategy.
As one of its major vertical specialisation areas, Espire focuses on the design, development and implementation of solutions to meet the challenges and constraints faced by our clients in the BFSI. Espire's multi-disciplinary skills are tailored to suit the particular requirements of individual client projects - whether for a traditional assignment, or a placement within the client's project team.
Espire possesses:
- BFSI domain knowledge to better identify the pain areas, comprehend the requirements in a clearer manner and offer better solutions
- Technology expertise to translate the domain expertise into viable solutions
- Rich repository of re-usable components and ready set of test cases to reduce the cost of development and delivery timelines
- Awareness of the key industry requirements like performance, scalability, reliability, security and interoperability
The following diagram depicts Espire’s software services offerings in the Banking, Financial Services and Insurance (BFSI) space.
Espire's cost-effective and value-added services have helped several banks, financial institutions and wealth management companies to achieve a phenomenal success in their respective marketplaces. Some of the solutions are:
- Core business execution & delivery applications
- Business Intelligence and Data Warehousing
- Line of business software applications
Espire has had a long and rich record of providing product engineering services to the BFSI industry ISVs. Espire's full-spectrum software services in this space include:
- New product development
- Enhancing the functionality of the existing products and new version release
- Platform/ technology migration
- SOA-enablement
- SaaS-enablement
- Product testing & quality assurance
- Product support & maintenance
- Use of EAI technology to seamlessly integrate new applications with legacy systems
Espire has institutionalised a distinct and self-reliant product engineering practice centre, which comprises a large pool of expert & experienced resources with a strong product mindset and team structures & engagement models, which work as an extension of your own teams. Added to this is Espire's deep-level BFSI domain expertise.
The Espire BFSI Product Engineering Advantage:
- 16 years of experience of working with best-in-class independent software vendors
- Huge savings on research & development as well as product development & maintenance costs through Espire's global delivery model
- Substantially quicker time-to-profit through Espire's Hospitality domain expertise and technology and process excellence
- End-to-end product engineering services under one roof
- Highly adaptable and accessible top management
- Time-tested, rock-solid quality processes assessed and certified by KPMG at CMMI Level 5 and BM TRADA with ISO 9001:2008
- Fully-secured, amply-redundant offshore development facility at New Delhi, India certified by BM TRADA with ISO 27001:2005
To discuss how we can help your organisation, send us an e-mail.