Financial Services
Financial services institutions are navigating a landscape of regulatory complexities, cybersecurity threats, and disruptive innovations. Regulatory compliance looms large, demanding adherence to stringent requirements such as GDPR, Basel III, and anti-money laundering regulations. Simultaneously, safeguarding against cybersecurity threats becomes paramount—shielding sensitive financial data from cyber-attacks, breaches, and identity theft. Amidst this landscape, the digital disruption caused by fintech startups, digital banking platforms, and alternative payment methods necessitates swift adaptation.
ITG serves financial institutions, banks, insurance companies, and others in the financial services sector, providing financial management, risk management, compliance, and regulatory reporting solutions.
IT Challenges
- Integration of legacy banking systems.
- Implementation of advanced encryption technologies.
IT Trends
- Deployment of chatbots and AI.
- Utilization of biometric authentication.
ITG Specialized Services
- Financial accounting and reporting solutions that provide financial institutions with regulatory compliance tools, risk management, and financial analytics.
- Financial process automation solutions for accounts payable, accounts receivable, treasury management, and financial close processes.
- Investment management solutions, providing asset managers and investment firms with portfolio management, trading, and performance measurement tools.
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