Banking & Financial Services
The Banking and Financial Services industry is undergoing a revolution by reimagining the most fundamental concepts which were common practice for decades. Payments have become instant at the hands of mobile technology. An even more significant change is underway as the economic value of transactions is being questioned by the arrival of digital currencies and blockchain. Bots are taking over round-the-clock customer service. Real-time data and analytics have made asset and wealth management simpler.
LTIMindtree’s rich lineage in BFS allows us to identify early signals of the next big shift, which helps us drive our clients to innovate towards the future quickly. We enable banks, cards and payments networks, and capital markets institutions will accelerate digital transformation and reimagine their business and technology models.
LTIMindtree’s strong domain and technology capabilities, focused sub-industry offerings, and a strong partner ecosystem, enable true end-to-end transformation, helping BFSI customers modernize their core, reimagine their go-to-market models, adopt cloud, leverage data and insights, and better engage with their customers through insightful analytics, personalized marketing, and tailored experiences. LTIMindtree also helps customers with their ESG journeys by creating strategies, providing intelligence services, managing risks, staying compliant, and generating green alpha.
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Capital Markets Segments
Investment Banking
Drive operational efficiencies and improve experience, by bringing a domain-centric middle and back-office transformation approach.
Custody and Fund Services
Adopt a platform-led approach, to drive automation and reduce costs, by consuming services in an as-a-service model.
Risk and Compliance
Gain competitive advantage from risk and compliance efforts, with risk reporting, AML transformation, and product partners.
Wealth and Asset Management
Digital and Advisory services for Investment Management, Private Banking, and Asset Management Firms.
Core Offerings
Advisory and Consulting
Domain advisory services for banks and financial institutions, leveraging a BFS-centric expert advisory team.
ADMS
Transform traditional managed services engagements with an outcome-based approach by leveraging analytics, automation, and DevOps.
Banking Transformation
Pioneering in next-gen Core Banking implementation, smart integration, and deployment of banking products, we are your catalyst for seamless, cutting-edge financial solutions.
Digital Offerings
Data-Driven Transformation
Accelerate the “Data-to-Insight-to-Action” cycle by consuming offerings like Data-as-a-Service and Reporting-as-a-Service.
Digital Enablement
Drive key business outcomes using the full-service digital stack – Fosfor, Digital Jedis, and human-centered design experience.
Innovation Partnership
Adopt a collaborative approach to innovation by leveraging innovation labs, future financial ecosystems, alliances, and partners.
Solutions
Remediation as a Service
Elevate your bank’s risk management with our Remediation as a Service (RaaS). Our solution simplifies regulatory compliance for chief risk officers and business heads, ensuring adherence to laws, guidelines, and industry agreements.
AML Solution Suite
A lightweight and technology-ready platform to improve case management and transaction monitoring solutions, with analytics, visualization, entity data collection & mining, and case investigation automation.
KYC Frameworks
Covers region-specific client types and products such as KYC rule repository and global KYC framework, ensuring a smooth KYC process.
Asset Management Suite
Focus on addressing the digitization of asset management workflow, and addressing challenges expected from sell side of the asset servicing domain.
Risk Management Suite
Framework and tools, covering risk frameworks, analytics and reporting for Retail and Wholesale Banking.
Risk Data Management Suite
Data Management solutions to enable essential data entities, with regulatory reporting framework and cognitive data discovery.
Trade Finance Suite
Address key challenges like document examination and sanction screening with cognitive OCR and perceptive document examination.
GenAI Suite
Generative AI solutions to optimize processes, boost decision-making, and unlock unprecedented efficiency across banking, markets, and payments
Videos
LTIMindtree’s Wealth Advisory Assist - A Gen AI-powered solution
LTIMindtree’s Wealth Advisory Assist solution leverages AI and generative AI-led inferencing, offering real-time portfolio impact analysis. It supports decision-making processes, providing financial advisors with a "single lens" for a real-time overview of internal and external information summarization. Our solution is platform-agnostic with industry-leading features like unified messaging and seamless integration into both upstream and downstream systems through AI inferencing. The platform delivers a digital, 360-degree personalized customer user experience in real-time, along with features such as private meeting collaboration and information summarization.
Empowering Tomorrow: Unlocking Solutions for Central Bank Digital Currency (CDBC)
LTIMindtree’s Trusted Digital Currency Platform is a blockchain-based CDBC solution aimed at central banks, commercial banks, and financial market infrastructure providers including wholesale and retail CDBC. This one-stop platform bridges the gap between traditional financial operations and the growing need for digitization. It facilitates interoperability between CBDCs and other physical currency platforms.
Resources
Brochures
Case Studies
Blogs
POVs
Factsheets
Whitepapers
Wealth Advisory Assist
Leverage a Gen AI-powered solution to prioritize Meetings, Portfolio Analytics, Market Insights, Omnichannel Personalized Experience & BPM Integration
Empowering Tomorrow: Unlocking Solutions for Central Bank Di...
Our one-stop platform introduces digitization in traditional financial operations, facilitating interoperability between CBDCs and physical currency platforms.
Intelligent Insights Via Lumin for Wealth Management
Lumin, part of LTIMindtree’s Fosfor product suite, is an AI-driven augmented decision intelligence platform that unlocks limitless opportunities for your business.
Powering the Future of Real-Time Payments
Real-Time Payment (RTP) enhances overall market competence, improves financial inclusion, and thus propels economic growth.
Message Transformation Tool (MT2) Simplified Fina...
Message Transformation Tool (MT2) is a timely, innovative, and forward-looking solution built in-house to help create an intelligent, resilient, secure, and transpare...
Customer Onboard For Banking - Redefined
Together, LTIMindtree and Gioem will deliver a unique combination of persona-centric technology, which will enable seamless digital KYC onboarding for customers. We are prepared...
Transforming with Cloud Solution: Wealth Management Story!
Journey of European bank to real time insights and operational efficiency
Delivering Secure and Seamless Digital Payment Experiences
Enabled superior contactless and secure payment experiences at retail stores and digital channels.
Modernizing Complex Legacy Platform for an American Finserv
30% reduction in TCO (Total cost of ownership) and minimized operational risk
Deploying a Temenos-based Core Banking Platform
Our personalized solution and technology deployment helped the bank migrate seamlessly to a partner cloud system
Legacy Modernization for largest card Issuer
To meet changing customer needs and compete with other card issuers, we transformed the legacy architecture making it flexible, streamlined resulting in 400% reduction in time t...
Single Data Repository across Merged Entities to Meet GRC Re...
Read how we created a standardized, consistent, and single source of deposit data across all the merged banks to meet
Governance, Risk, Compliance, and other requirements ...
Data Modernization & Security Remediation for a Multinationa...
Delivered a cost-efficient, secure and scalable cloud architecture for a multinational credit reporting agency offering enhanced threat management with a zero-trust security des...
Customer-Driven Product Development using Behavior-Driven De...
Built a behavior-driven framework for a tech-forward financial services company’s customer-driven product to enhance team collaboration, communication, and reduce regressi...
Building Unified Portal to Analyze Counterparty Credit Risks...
Built a unified portal for Counterparty Credit Risk calculation for the largest European financial services provider to help minimize multiple hand-offs while facilitating effec...
Delivering Future- Ready Real-Time Clearing Services for Nor...
Built an ISO 20022 compliant real-time clearing and settlement system that enables real-time payment solutions for European banks with >95% straight-through processing capabilit...
Delivering Complex Finance & Risk Data Transformation at Sca...
Built a Cognitive Data Lake for a US based global bank, encompassing global finance and regulatory data that enabled end-to-end data traceability and over 60% reduction of the m...
Corporate Payments Channel Modernization
Developed a future-ready and feature-rich platform leveraging Seeburger BIS to process payments for corporate banking clients across 15+ countries with faster and secure integra...
Wholesale Banking Data Migration to Cloud
Migration of a business-critical treasury application
from existing legacy platform to Snowflake to enable faster
access along with improved data integrity across th...
Digital Wealth Platform for Financial Advisors
Developed a cloud-based digital platform, with enhanced advisor productivity and a simplified user journey to deliver enhanced value proposition
Next-Gen Digital Payments Solutions
Next generation digital payments and cards solutions delivered for a Nordic and EU based financial institution
POD-centric payments solutions delivery
Achieve simplification and digitalization of platforms across
consumer and commercial cards for a leading multi-national bank
Customer On-boarding
Digital Transformation for Customer On-boarding for
Wealth Management Firm in Nordic region
Local and Global Regulatory
Local & Global Regulatory Insight & Analytics for Leading Global Bank
Data Acquisition & Lineage
99.99% Operational stability for data acquisition for a Leading Nordic and European Bank
Client On-boarding
Reduced Mean Time to Resolve (MTTR) by 30% to 40% for a Leading Global Bank
Enterprise Data Lake
50% TAT improvement on case investigation for a Leading US-based Global Bank
Engineering Breakthroughs: Leveraging Generative AI for Legacy Modernization & Beyond in Financial Services
Navigating Transformation with Generative AI
Leveraging Open Banking for Transformational Change in the Transfer Agency Space
Using AI and Large Language Models for Nuanced Localization in the BFS Sector: A Competitive Edge in a Fragmented Internet Landscape
Customer Acquisition in Banking is Becoming a CIO’s Problem; How Can AI Address This?
Smart Banking Ecosystem: The Future at your Fingertips!
Blockchain’s KYC Renaissance: Reshaping Due Diligence for the Digital Era
A Tale of Two Banks and What We Can Learn from It
Operationalizing AI Ethics – Gaining Competitive Advantage for Global Acceptance
Crypto Currency – A Bane or Boon
Corporate Cards go Virtual – Security & Simple Reconciliation Process
Impact of Digitization on corporate loans
A Closer Look into Locking & Unlocking Scripts and its relevance during Bitcoin Transaction Validation
PSD2 & DLT Based Platforms- Can there be a Convergence Point!!!
Impact of PSD2 on Core Banking Systems
The Digital Edge: Boosting Wealth Advisors’ Productivity
Technology capabilities like AI-powered sentiment analysis and real time predictive analytics & risk management can enable wealth advisors to use their time optimally and ...
Central Bank Digital Currency: The Future of Money
Why banks should adopt platform-based approach to accelerate the CBDC revolution
Stay Ahead of the Game: Leveraging AI & ML for Fraud, Risk &...
With the advent of technological innovations in Banking and financial services, the complexity of frauds, financial crimes and as a consequence- being compliant with regulations...
US Accelerated Settlement to T+1 – An opportunity or a hit...
The US securities market is moving to a shorter settlement cycle. In 2024, all U.S. trades will need to settle on T+1.
Artificial Intelligence Act - EU Attempts to Tame the Tech D...
The EU AI Act is a first of its kind landmark regulation on AI.
It aims to ensure AI innovation in EU is human-centric and good for its society. This PoV explores the mech...
Unlocking the Future of Wealth: Pioneering Self-Service for ...
Modern industrial dynamics, client demand for digital services, and technological breakthroughs are fostering the growth of self-service capabilities in all spheres of life.
...An Overview of the Settlement Discipline Regime under CSDR ...
Discussing the mandatory buy-in actions and the cash penalties that are stated by the European Regulatory authorities as the mitigating steps against settlement failures under t...
Reimagining Reconciliations Optimise, Build or Buy?
Reconciliation has become more difficult because of evolving laws and market structures. Implementation of automated reconciliation ensures that risk management objectives are m...
New Normal In Payments
The Great Restructuring of Payments due to the emergence of ISO 20022 as a global standard for payment messaging, the rise of real-time payment infrastructures across the globe,...
11 Steps for a Successful Card Migration Program
Large-scale, complex card migration projects must be designed to minimize risks, by having a detailed migration strategy to ensure a smooth transition with minimal business impa...
Operational Resiliency & Data Privacy in Financial Services
As financial services organizations’ dependence on IT grows, it is imperative to help restructure business in this new reality as policymakers across the globe are revisiting ...
How Banks and Fintech can co-exist - Part1
The Emergence of the Fintech in the New Digital Economy
How Banks and Fintech can co-exist - Part2
Collaborating with Fintechs – Key Models of Engagement
How Banks and Fintech can co-exist - Part3
Transforming the Banking Technology for Fintech Collaboration
Accelerating Banking Transformation
Digital transformation has impacted every industry, from manufacturing to retail, and now banking.
Blockchain – Redeemer of Remittance Industrys Woes
The remittance industry has long been plagued by the high costs associated with money transfer. Blockchain technology might just be the solution to its ailments.
Future of Banking Industry
Tectonic shift in banking industry: banking-as-a-product to banking-as-a-lifestyle
Core Banking System Modernization: Adapting to the Fintech R...
By leveraging advanced technologies such as cloud computing, AI-driven analytics, and API integrations, banks can enhance operational efficiency, improve customer experiences, a...
Adapting to the Fintech Revolution: Embracing Progressive Co...
The core modernization approaches and key considerations that simplify core modernizing, implementation, and data migration approaches with high-level references.
Integrating Velocity with low-code / no-code platforms for r...
While the adoption of the low-code platform will continue to grow, we see a significant opportunity to improvise the Excel EUC remediation timeline while increasing the level of...
Experience Hyper-personalized Banking, Powered by AI
A complete guide for banks to unlock customer centricity through hyper-personalization
BASEL IV: Can it be the Messiah for the Banking Industry?
The global banking system plays an important role in our lives and our economic well-being.
Product Control: An Important Lever of Sustainability for In...
Know more about how the Product Control function helps banks capture operational risk, the specialization it offers and the ‘control’ atmosphere that it inculcates in an IB....
Central Bank Digital Currency: The Future of Money
Why banks should adopt platform-based approach to accelerate the CBDC revolution
Streamline Payments Modernization to embrace Instant Payment...
This whitepaper is recommended for Financial Service Providers (FSPs) seeking to modernize and transform their digital payment platforms
Future of Commercial Lending
Cloud-based solutions help in data migration and security, providing an encrypted centralized server system to store data in a better manner, and secure the personal information...
A Lender’s Secret to Thrive - A Cloud-based Lending Platfo...
To ensure banks and financial institutes keep up with lending transformation and the sheer volume of loans, it is evident that the adoption of cloud in the lending space is the ...
xP&A - CFOs’ Boon or Bane
LTIMindtree’s Business Finance Performance Management helps CFO offices achieve value from their planning, budgeting, consolidation & reporting processes.
MiFID-2 Regulatory Reporting
MiFID-2, The Superman in the Regulatory world, brings radical changes in the Financial Reporting
Minimum Requirements of own funds & Eligible Liabilities (MR...
MREL – European Banking Resolution and Recovery mandate – Challenges in implementation.
Real Time Collateral Valuation
When it comes to Collateral Management, Optimization and Valuation holds the key.
Migrating Legacy EGL Platform to Multi-tier Web-based Archit...
Understand how migrating Legacy EGL Platform to Multi-tier Web-based Architecture works.
Operation Risk Management Efficacy -The Litmus Test
Geopolitical landscape and current regulatory environment is intensely changing. Operational risk management has now become indispensable for firms. This risk continues to pose ...
How Blockchain is Transforming Capital Market
Blockchain technology is still in the evolving stage, and has many roadblocks to pass before it becomes feasible.
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