Financial Services

Our Financial Services vertical provides full life cycle transformation services across Capital Markets, Banking, Financial technology software vendors and Market Information and Analytics providers. We are helping our clients transform to next generation cloud based platforms that power that world’s leading global banks, asset managers, wealth managers, information and analytics providers, payments and core banking platforms and change the way our clients customers consume financial services.

We have over 20+ years experience in delivering advisory and engineering services to banks; buy-side, sell-side and market infrastructure firms; and leading technology software firms providing AML, Fraud, Payments and core banking platforms. We have industry leading offerings in trading, risk and compliance, regulatory reporting and core bank modernization

Center of Excellence

New York, USA

Distinctive reputation in legacy modernization for capital markets

Proven track record in modernizing complex and mission-critical platforms at top 10 global banks, top 5 market infrastructure fintechs (exchanges, market data, and clearing corps), and hedge funds.

Financial services competency in AWS

Top 3 AWS premier partners with a distinctive reputation for the cloud and data migrations in the financial services domain

Domain specializing in risk and regtech

Differentiated service offerings, combining business and technology expertise to build cutting-edge modernization solutions in risk management, regulatory reporting, and compliance

Proven track record in product engineering major FinTech products and platforms

Legacy modernization and new product development for FinTech start-ups as well as established banking software, payments, and trading software solutions

Offerings

Banking Modernization

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Risk and Compliance Modernization

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Regulatory Reporting Modernization

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Banking Modernization

In an environment of major disruption in financial services, we help our clients modernize banking platforms to compete in an ever-changing digital marketplace. Ness has deep experience modernizing core banking platforms to support open banking, API connectivity, digitization, and enhanced user experience, making their platform more agile and responsive.

Our Expertise:

  • Co-creating multi-year modernization roadmaps for core banking
  • Modernizing the card issuance and deposit products
  • Payment integrations, including Apply Pay and Google Pay
  • API-First approach using domain-driven models to provide Banking as a Service
  • Working with FinTech/banking product companies to move from an on-premise to a SaaS model
  • KYC and fraud expertise across multiple product domains

Risk and Compliance Modernization

Risk and Pre-trade Compliance architectures have always been the ideal cloud use case since they require large amounts of intermittent compute resources. Due to the fast-moving streams of input data (i.e., Trade, Market, and Reference Data), it is challenging to produce consistent calculations across time slices of data. Our Risk On-Cloud Solutions increase real-time risk calculations with streaming architectures. We implement self-service risk management flows, providing on-demand custom views, visualization, and insights. We also enable developing and back-testing new proprietary and vendor analytics, allowing product development and quicker business decisions.

Regulatory Reporting Modernization

Organizations used quick fix enhancements to their existing reporting architectures to meet regulatory deadlines. As volumes increased and the pressure for correctness to avoid fines grew, they are rethinking modernization with a regulation-agnostic view. We use a unique SWAT-team approach to find gaps and recommend actionable steps for remediating your processes and systems. Our thorough understanding of capital-markets business regulations and cutting-edge skills in re-architecting mainframe monoliths and cloud migration allow us to address your firm’s situation and guide you toward establishing an independent control framework.

Our Clients

We Work with Clients That Are Changing the Way the World Does Business.

15+


Global Banks

10+


Asset Managers

10+


Venues & Marketplaces

10+


Information & Analytics Providers

Accelerate Your Digital Transformation
With Our Business Domain Knowledge, Technology Expertise,
And Agile Delivery Process.