Banking & Financial Services

Sectors

The banking sector we serve include

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  Retail banking

  The important drivers for innovation and transformation in retail banking industry include high levels of connectivity and customer personalization. The shift from product- centricity to customer-centricity cannot be ignored and has pushed mobile payment solutions and digital lending to the forefront.  With interest margins shrinking, shift to fee-based income and reducing operational costs have become two key avenues to augment the bottom line. Customer analytics to create appropriate actions to acquire, engage and retain customers are more critical than ever.

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  Cards and payments

  Nordic countries, who are global leaders in electronic payments are expected to opt for P27, a Pan Nordic Payment infrastructure facilitating first real-time and cross-border payments. The adoption of ISO 20022 is expected to modernize existing platforms and significantly lower future cost for domestic and cross-border payments. Being secure and scalable, P27 would help diminish fraud risks and enable streamlined and effective payment processes. LTK Soft is following these new industry developments closely and understands the future implications.

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  Corporate Banking

  New challenges require banks to measure credit risk and the financial behavior of corporate and SMB customers with an active portfolio approach for interest based income and developing more fee-based revenue streams through inventive suites of creatively bundled and flexibly priced services which have the desired effect of customers consolidating availed services towards the bank which moves first. Commercial banks are moving beyond investment in operational and CRM platforms, reinventing all their existing analog processes to become truly digital players.

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  Investment banking

  Discerning clients demand improvements in measured performance and attributions. LTK Soft can help you meet the challenge effectively by employing the right technology strategy, supported by automation, robotics, AI, cloud, and analytics that helps separate true financial management costs from the operational costs and reduce both. The investment banking sector faces several challenges like tougher regulatory requirements for capital. Low leverage, liquidity and collateral have substantially lowered bank Return on Equity, increasing demand for higher margin products.

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  Custody and fund services

  The LTK Soft team partners with clients to uncover new sources of value and create mutually beneficial relationships focused on growth. As our clients expand, we help them identify market trends and design solutions to manage the complexity of new asset classes and investment structures. We co-create products in an open architecture environment supported by a single global technology platform, designed to evolve with their changing requirements. We offer a full suite of services, including custody, fund administration, and fiduciary services.

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  Risk and compliance

  Smart surveillance, consistent forecasting and a constant eye on operational costs are at the core of every LTK Soft engagement. We link integrated risk measurement and real-time monitoring processes to establish a secure and reliable banking framework. As banks continue to become more reliant on technology, the risks and concerns around cybersecurity and compliance continue to grow. Creating and maintaining financial risk management software and multi-channel integration software is crucial to our response.