Most banks operate on legacy software. Although changing this requires considerable resources, banking businesses need to improve their legacy systems in order to run operations more smoothly.
By moving to a state-of-the-art core banking system, you can reduce your cost-to-income ratio by 9%.
However, full migration to a single system is a challenging and costly process. As a result, most banks to choose to “wrap” their existing systems. This procedure transforms back-end functions into basic processing functions.
On the other hand, it centralizes data so banks have a unified view of their clients and can add new technology to their existing systems.
DigitalCook can deliver your banking business with state-of-the art technology solutions to help you digitize your business and future-proof your banking operations.
Our Services at DigitalCook
To power innovation and enhance user satisfaction, banks and economic carrier establishments are imposing banking IT offerings that rework current processes, channel transport and operational models. Our banking IT services at DigitalCook offer sturdy ROI similarly to customized user interactions, quicker delivery of merchandise and offerings, better collaboration among employees, all intending to extend marketplace share.
Reshaping legacy banking structures is a number one digital funding followed by banking and economic carrier organizations. We have helped business introduce modernized banking structures with complete banking IT services into their systems. These services are more stable, scalable, incorporated easily with rising technology and incur much less maintenance costs. With tested migration tools and frameworks, we decrease design costs as well as re-engineering, development, testing, records migration and validation, whilst making sure commercial enterprise continuity via our banking IT offerings.
DigitalCook’s mobility solutions enable our customers to work more closely with their customers, allowing them to easily and quickly bring new mobility products to market while ensuring privacy and data security. Our bank digitization solutions deliver a personalized and consistent customer experience across devices, enabling banking in multiple locations and times.
Business Analytics helps financial institutions transform data into actionable data. Leverage deep expertise, modeling capabilities, and analytic solutions to deliver rapid analytics and leverage ever-growing customer data to drive immediate decision-making. We offer you key insights on various aspects of your business, including customer management, operations management, risk management, sales and marketing analytics, and banking IT services.
Bank compliance reporting
Our compliance reporting solution enables banks and financial service companies comply with a variety of regulatory requirements. These regulations include national and international regulations, enabling financial institutions to report business and operational risks in the format they require. Our proprietary compliance reporting system framework provides a reliable, secure and configurable system that is fully flexible and modular according to client requirements.
Our Bank Digitization Software Solutions
Benefit from our bank digitization services and contact us today
- Access to detailed information about checking, savings, and loan accounts
- Set card limits
- Bills payment
- Money transfer across bank accounts
- Bank statements requests or other relevant documents online.
- Finding a branch or ATM at a specific location, etc.
Banking customer relationship management or CRM
- Customer Service
- Track Channel Activity
- Cross-Selling and Up-Selling
- Systematic Lead Care
- Customer Data Management
Loyalty program management
- Establishing communication across multiple channels
- Build a flexible reward system
- Adopting an omnichannel approach to managing customer relationships
- Implementing gamification elements and more
Bank data analysis
- Channel analytics (analysis of branch transactions and customer traffic, analysis of click patterns, frequently visited websites, search behavior, most used mobile banking features, etc.)
- Performance analytics
- Marketing analytics (this enables you to guarantee success of marketing campaigns, factors driving sales growth)
- Risk analysis
- Customer analytics
- Bespoke mobile payment solutions to ensure fast and secure transactions.
- Increase customer loyalty with NFC or QR-based mobile wallets that contain digital information about your customers' credit and debit cards, store coupons, loyalty programs, and more.
- Enable your customers to make real-time person-to-person payments.
- Digitize lending, underwriting and services.
- Launch a configurable borrower portal for consumer, commercial and small business loans.
- Choose a web portal or a custom mobile application to speed up the mortgage application process.
- Make mortgage services more convenient with e-signature, e-delivery and e-payment tools.
- Create a single system of record for your lending operations.