Banking, Financial Services & Insurance

Cybage’s endeavor in the Banking, Financial Services, & Insurance (BFSI) domain commenced 4 years back when it started working with its first-ever BFSI customer. Having started business in the BFSI domain on a small scale, Cybage has grown steadily over the last few years in terms of its exposure to the various facets of the BFSI domain. We have made significant investments to acquire BFSI domain experts from the industry and train our workforce in the BFSI-related domain areas and certain specialized skills such as Mainframe, AS400, and some special tools such as VisionPlus used in credit card banking.

Cybage’s focus on constantly updating its domain knowledge and expertise has made it stand apart from its competitors. Using a blend of instructor-led classroom training learning, we support our industry focus with domain training for Financial and Banking Services. Our Financial Services training includes separate sessions on Banking, Mortgage, Securities & Investments, and Insurance. We have a separate domain-training group who looks into all aspects of BFSI domain training.

Cybage’s project delivery teams working in the BFSI domain help deliver quick and innovative solutions to our BFSI clientele that thrives on speed, efficiency, and bottom-line results. Our BFSI account management and SME teams work closely with our customers to understand their challenges in the ever-changing industry scenario including economic upturns and downturns. Banking industry also faces unique challenge of increasing regulatory and security requirements -. Cybage as a partner provides highly cost-effective development and testing support services for regulatory compliance-related projects. Through these services we ensure that updates are made to the existing applications, tools, and workflows to comply with government regulations, and such applications and tools are released to production within government-stipulated timeframes.

Cybage has a highly reliable work-class infrastructure with necessary security and IPR protection mechanisms built in to ensure that our customers’ data is protected in line with the highest standards prevailing at any time.

Over the last several years, Cybage has emerged as a true partner to its BFSI clients by providing high efficiency driven cost-effective services to them. Our services in the BFSI domain help them in achieving enhanced operational efficiencies, minimized risk, and sustained cost leadership while balancing operational imperatives.

Cybage specializes in the Banking Software Quality Assurance/Testing area. Our testing services assure business success by providing an independent and objective view of the current test processes. We also recommend tools, technologies, and methodologies best suited to achieve your business objective with built-in metrics demonstrating gains in efficiencies. Our professional test engineers possess high-level skills in the various testing areas such as Functional & Regression Testing, User Acceptance Testing, Performance, Load & Stress Testing, Compatibility Testing, Validation & Verification, Usability Testing, Test Automation, Application Security Testing, Designing Test Solutions, Testing Strategies, Test Process Implementation, Test Asset Management, and Test Environment Set Up. We have helped one of our largest clients with testing assignments in various domains such as personal and Private banking, Investment banking, Universal banking, Islamic banking, Credit cards, Insurance, and some of their internal systems.

Cybage delivers value under its business practices leveraging its industry differentiation. Our ExcelShore^® model of Operational Excellence remarkably differentiates us from our peers in the industry globally. All projects at Cybage are executed leveraging ExcelShore^® model. ExcelShore^® is robust software delivery model which is perfected and tested over past 15 years. It puts Cybage’s core of operational excellence at work in executing software projects, thereby enabling clients to realize their business objectives from the outsourcing relationship.

As soon as the relationship begins, ExcelShore^® puts the customer objectives right on top. The sophisticated algorithmic software powered system gets into action and lays out various dynamics of the project execution for the relationship. Each module within the system is designed to provide key insights into each stage through which the offshore software engagement passes through. It provides a comprehensive and sophisticated dashboard which provides project KPIs, as the data gets generated during the inception of the project (like team composition, skill sets, milestones etc.) and during the execution of project (like project attrition, performance appraisal, scaling up, new recruitment, risk forecasting etc.). Thus, ExcelShore^® empowers stakeholders across the hierarchy to keep a tab over the projects in their respective roles and responsibilities, leading to the relationship meeting with its inherent objectives and thereby growing consistently over a period of time..

To know more about Cybage's BFSI expertise write to us at: bfsi@cybage.com