Global
Financial Services
Our Financial Services vertical provide full life cycle digital transformation services across Capital Markets, Banking, Fintech and Market Information and Analytics participants.
We are helping our clients in their transformation journey to the cloud by focusing their application stacks on data-driven intelligence, business-aligned visual experience design, and operational automation to achieve their desired business outcomes.
We have over 20 years of experience providing advisory, consulting, and engineering services to buy-side and sell-side, market infrastructure, commercial and consumer banking, and fintech clients.
Our Risk Management, Regulatory Reporting and Core Banking solutions, with offerings for Capital Markets Risk, Pricing, Valuations, Trading, Compliance, Payments, and Card Issuance, demonstrate our expertise in the domain, technology, and process, enabling us to become a trusted partner to our clients in their journey towards application modernization.
Our financial services application modernization initiatives include upgrading their on-prem application stacks to a cloud-native microservices core, enabling them to stay agile, reduce costs, mitigate security risks and drive growth.
Center of Excellence
NEW YORK, USA
A proven track record in modernizing complex and mission-critical enterprise platforms at the top 10 global banks, hedge funds, and top 5 market infrastructure fintech firms. (For example, including exchanges, market data, and clearing corps)
Distinctive reputation in legacy application modernization for Capital markets
Domain specialization in Regulatory Reporting Differentiated service offerings, combining regulatory domain expertise with modern reporting architectures to deliver compliance health checks and regulatory platforms using streaming technologies
Domain specializing in risk and regtech
Top 3 AWS premier partner with a distinctive reputation for cloud and data migrations in the financial services domain
Financial services competency in AWS
Legacy modernization and new product development for FinTech start-ups, as well as established banking software, payments, and trading software solutions
Proven track record in product engineering major FinTech products and platforms
Offerings
Core Banking Modernization
Ness has deep experience modernizing core banking platforms to support open banking, API connectivity, digitization, and enhanced user experience. This makes our client platforms more agile and responsive to enable digital banking experiences.
Our Expertise:
- Co-creating multi-year modernization roadmaps for core banking
- Modernizing card issuance and deposit products
- Payment gateway integration services, including Apple Pay and Google Pay
- Banking as a Service API approach using domain-driven models
- Working with FinTech and Banking product companies to move from an on-premise to a SaaS model
- KYC and fraud expertise across multiple product domains
Risk, Pricing and Valuations Modernization
Furthermore, due to the fast-moving input data streams (i.e., Trade, Market, and Reference Data), it is challenging to produce consistent calculations across time slices of data.
Our Risk management solutions leverage the cloud to increase real-time risk calculations with streaming architectures.
In addition, we implement self-service risk management platforms to enable on-demand custom views, visualization, and insights.
We also develop and back-test vendor analytics to drive product development and faster business decisions.
Regulatory Reporting Modernization
As volumes and fines for inaccurate reporting grow, capital market participants are rethinking modernization with a regulation-agnostic view using proprietary or vendor-based regulatory reporting platforms.
Our Regulatory Reporting solutions use a unique SWAT-team approach to find gaps and recommend actionable steps for remediating your trade, transaction, risk and compliance processes and systems
Our thorough understanding of bank regulatory reporting regulations and cutting-edge skills in re-architecting mainframe monoliths to cloud implementations allow us to address your organization’s situation.
Ness can also guide you toward establishing an independent control framework for meeting regulatory obligations.
Insights
Featured Experts
Vadim
Gelman
RISK, PRICING, VALUATION
Jim
Zucker
TRADING AND COMPLIANCE
Nageswara
Chukka
CORE BANKING MODERNIZATION