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Making Analytics less complex & costly

Banking Frontiers

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February 2022

Many technology companies soon figure out that it is not easy to sell to a bank. Some may say that banks are too conservative, and others may say that banks are too demanding. The undeniable fact is that banks like to work with technology companies who understand their business and their domain.

Making Analytics less complex & costly

Now there is a new player in the BFSI field – DATA. Data has become even more critical than technology and is the most powerful foundation for growth and profitability. Understanding data, what different types of data mean, how they impact decisions, how they control risk, and how they create value is sine qua non in the BFSI sector today. And data analytics has so much power to create value and to prevent destruction of value.

So, in light of the twin forces of technology and data, I am sharing the unique approach at 3i Infotech, a BFSI focused IT solution and services company that began as the technology arm of ICICI Bank. 3i Infotech now has 20 years of experience in the BFSI field spanning 50+ analytics projects. This experience is not just in India, it spans multiple geographies – Asia, America, Europe & MEA with banks, insurance companies, mutual funds, NBFCs and more.

How do we help our BFSI clients? First, I wish to clarify that 3i Infotech is not an analytics products company, and neither do we offer products of other companies. So, we have no compulsion to sell any particular product and hence no moral hazard about product fitness. Our goal is to provide you the best possible solution based on your current requirement, your future roadmap, your existing solutions, your technical capabilities and your budget comforts. We have the technical expertise and the domain understanding to deliver the solution in the shortest practical time frame so that you can start benefiting as early as possible. We shrink the time frame for analytics projects from months to weeks, which very few companies can do. While we help with analytics of all kinds, our speciality is analytics for top management and CXOs. All our analytics related offerings operate under the brand MOMENTA.

Let me share some valuable insights that you can apply in your organization.

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