Banking & Insurance
The banking and insurance sector is facing a new paradigm due to the emergence of Fintech companies and large technology firms in the market. To stay competitive, they must understand this new context and adapt to the changing needs of customers – customers who are informed, demanding, prioritize immediacy, and connect with banks through various channels, at any time and from anywhere.
But it’s not just that. In addition to digital transformation, the sector also faces challenges such as cost reduction, operational efficiency, compliance with ever-evolving regulations, and investment in digital infrastructure. In this regard, the adoption of data, cloud, and analytics solutions is crucial to streamline operations and strengthen risk management.
In this changing scenario, personalization, humanizing service, and intelligent use of data are key elements to meet customer expectations in the digital era, while also ensuring strict requirements for security and transparency due to the nature of the business.
For all these reasons, whether it’s to embark on, build, or reach the pinnacle of transformation and innovation, at SII Group Spain, we assist the banking sector in all stages of their value chain – from retail banking, insurance, and healthcare to regulatory matters, corporate banking, and specialized financial services.
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What do we offer?
Our business analysis service provides the necessary expertise in financial product management, ensuring an efficient and effective approach. Additionally, we offer financial product management services, including Application Management, User Testing, Program Management, and an Agile/SAFe Approach methodology. We also guide the Make or Buy strategy and foster innovation in this demanding sector.
Regarding digital transformation, we cover areas such as Self-Care, Multi-Channel, User Experience, CRM, Automation, Chatbot, RPA, and customized Core-Banking solutions. Additionally, we specialize in Risk & Regulatory, ensuring compliance with regulations such as MIFID 2, Bâle III/IV, SOLVENCY 2, FATCA, IFRS 9, AML-CFT, DSP2, GDPR, KYC, and covering aspects of Markets/Rates, Credit, Liquidity, Counterparty, and References.
Our IT consulting team has extensive experience and knowledge to guide the decision-making process to maximize results. We focus on achieving alignment between business needs and technological requirements, ensuring efficiency and effectiveness in every project. Additionally, we adopt a strategic vision to ensure that our solutions align with the long-term objectives of our clients
Finally, we are committed to data security, implementing best practices and protective measures to ensure the confidentiality, integrity, and availability of information.
We also offer BPO (Business Process Outsourcing) services, focusing on risk control and providing solutions that optimize processes and ensure regulatory compliance. We specialize in Regulatory Compliance, conducting document verification during client onboarding and maintenance stages, while meeting requirements such as KYC, AML, CTF, PSD2, and GDPR. Additionally, we provide Data Management services, including data entry and cleansing, ensuring the quality and reliability of information used in the financial sector.
Our expertise in Risk Management covers areas such as credit risk and market risk, providing analysis and effective solutions for risk management. We also have specialized analysts in areas such as investment banking, trading, and treasury, who offer insights and advisory services in these strategic areas.
Why SII Group Spain?
We have extensive experience in areas such as Retail Banking, Regulatory/Compliance, Insurance & Healthcare, Corporate Banking, and SFS (Specialized Financial Services). We offer tailored solutions to meet your requirements, providing consulting services and advice in key areas of the sector. We are ready to be your strategic partner in the banking industry, supporting you in the implementation of technological and strategic solutions to achieve your business objectives.