The Banking, Financial Services and Insurance (BFSI) sector remains among top business vertical for Paramatrix. Along with BFSI, Paramatrix also serves the Equity market for past many years.
Even the company has strong domain knowledge and expertise in understanding and serving the sector, it makes strong effort on a constant basis to update its knowledge and capabilities with the various changes that occurs in the sector in terms of new regulations, compliances, norms and processes.
In order to keep pace with the new changes across the BFSI industry, Paramatrix provides in-house training and learning sessions to its staffs, which help them to enhance their domain knowledge and expertise. Such educational sessions provides clear understanding of new norms, guidelines and policies introduced by trade bodies and authorities such as RBI, SEBI and IRDA and its overall business impacts.
In addition, the software development team and the domain expert team also work closely with clients to understand their business requirements and challenges faced by them and accordingly build applications and solutions in a cost-efficient and time bound manner. During the entire development process, there is constant engagement and interaction between the software team, domain experts and clients. This helps to build and deliver highly customized and resulted oriented applications as per clients’ needs.
Quick Facts
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Overall 500+ person years of experience in building variety of BFSI solutions, applications and other software services. |
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Customer portfolio includes India's #1 broker firm. |
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Domain expertise spans over the banking business processes including retail banking, investment banking, wealth management, credit cards, forex management and trading. |