Banking and Financial Services

Banking and Financial Services

As traditional institutions and fintechs alike strive for growth and to improve margins, reducing complexity and optimizing operations is imperative to deliver differentiated experiences. We help our clients to achieve this through the implementation of a digital mosaic of disruptive technologies – empowering them to deliver hyper-personalized financial services that are valued by their customers.

Retail Banking

Retail banking has been disrupted by non-traditional tech-savvy competitors attacking the most profitable elements in the financial services value chain.

Sylphix’s Retail Banking solutions empower banks and financial institutions to replace their legacy systems and enables them to rapidly develop and launch new digital services. Fintechs, Neo, and Challenger banks need to quickly deploy cloud-based banking capabilities to reach new customers with differentiated services.

Benefits
Elevate customer experience by enabling faster payments
Protect all parties from cybersecurity attacks
Modernize applications to increase agility and reduce costs
Accelerate Digital Transformation

Corporate Banking
Similar to retail banking, corporate banking is being disrupted by non-traditional tech-savvy competitors attacking the most profitable elements in the financial services value chain. Additionally, corporate banking customers are increasingly demanding the seamless digital experience that are now commonplace in retail banking.

Sylphix can help empower your Corporate Banking by modernize existing systems, simplifying processes, and automate operations to deliver better customer experiences by applying innovative technologies including machine learning and artificial intelligence.

Benefits
Bring customer-centric products and services to the market faster
Leverage a compossible technology architecture that provides flexibility
Accelerate growth with new digital services and business models

Payments

Payments are fundamental to all industries, not just financial services. The industry is being forced to modernize and implement customer-centric payment solutions by changing regulations, increasing the adoption of real-time payments, and increasing customer demand.

We bring over 30 years of experience across the payments landscape from Payment Platform providers to financial institutions and banks as a digital partner of choice for application development, maintenance, and support of Payment platforms like IBM’s Financial Transaction Manager (FTM), SWIFT adoption, launch new payment instruments like wallets, P2P payments, & digital currency (CBDC).

Benefits
Elevate the customer experience with smarter, faster, and secure payments
Launch real-time payment rail
Customer-centric embedded payment solutions
Redefine financial crime prevention
Modernize existing payments services and platforms
Reduce operating and maintenance costs
Transform revenue management and billing
Efficient Merchant Onboarding

FinTech and Financial ISVs

The rapid pace of innovation, accelerated development cycles, and disruptive business models is transforming the Financial Services industry across all sectors. To be successful, Fintech and Financial ISV must systematically manage innovation, engineering, and management across their offering and platform roadmap.

With services across the entire product development spectrum, Sylphix has a proven track record accelerating innovation for Banks, Fintechs and Financial ISV’s. We combine over 30 years of digital engineering expertise with decades of industry domain experience – helping market leaders accelerate and mange their product roadmap.

Benefits
Accelerate your product roadmap and get to the market faster
Deliver improved and personalized digital experiences
Reduce risk and uncertainty with timely user validation
Increased alignment on business objectives with user experiences

Wealth and Investments

The wealth management industry has changed dramatically recently. Investors today expect wealth advisors to keep up with the changing investment environment.

Investors expect a seamless cross-channel experience and increasingly rely on digital touchpoints for real-time access. As the use of digital advisors grows, wealth managers must invest in technologies that deliver personalized experiences. Asset managers increasingly use open banking. With APIs, asset managers and fintech can directly access customers’ data. Faster product launches for existing and new consumer segments. Digital operations can help institutions better serve customers. Client demand and investor confidence increase as firms deliver socially responsible and profitable returns.

Our award-winning AI/ML technology powers Sylphix’s Wealth and Investment services. We are uniquely positioned as a partner of choice for wealth management institutions looking to stay ahead of the innovation curve.

Benefits
Deliver a world-class digital customer experience
Rapidly launch new digital products and services
Leverage data, machine learning and automation to simplify processes
Extend your existing IT investments with cloud-based technologies
Reduce costs while improving agent and customer experiences