Fintech

Fintech Expertise To Drive Product Transformations

The Fintech industry is in the middle of a digital revolution. It faces stiff competition not only from large & established finance players, but also from technology & retail giants. Fintech organizations need to constantly evolve and create new business models to engage with customers, transform and grow. Using a combination of technology, consumer-centric services and flexible business practices, Fintech companies are reducing the cost of doing business while expanding their customer reach.

GS Lab’s experience across the banking, financial and insurance sectors combined with product engineering expertise helps Fintech companies reimagine their business models. We bring the right experts, skills, technologies & mind-set to build the right solution while helping reduce costs, overheads & risks for Fintech companies. We help them meet their requirements for rapid prototyping, testing and release of critical technology pieces. Our key services include:

• Product development, engineering, and scalability
• Product implementation & customizations at customer sites
• Application support and management
• Integrations & connector development
• User experience and design
• Product performance and security
• Automated deployments

Fintech-approach

Our Fintech Domain Capabilities

Lending


  • Loan origination and loan management workflows
  • Recommendation engines
  • Credit scoring and automation
  • Document management
  • Third party integrations

Payments


  • Payment gateway integrations
  • Connectors for payment gateways

Regtech


  • Dodd and Frank Act
  • Compliance reports for derivatives & commodities exchange house

Market Data & Analytics


  • BI and analytics
  • Data insights for trade data
  • Statistical calculations and models
  • Machine learning models

Financial Operations


  • RPAs of the financial workflows
  • RPAs for cost audit reports

InsurTech


  • Insurance aggregator platform
  • Agent onboarding workflows
  • Agent and customer KYC workflows
  • Product mix and custom configuration for clients

Our Technology Expertise

Cloud, identity & security management, and data analytics expertise.

  • Big Data
  • Visualizations
  • Streaming analytics
  • Machine learning models
  • Predictions
  • Data engineering
  • Cloud-native engineering
  • Product modernization
  • Cloud assessment
  • Cloud security
  • Cloud consulting
  • Public, Private and Hybrid cloud expertise
    • AWS
    • Azure
    • GCP
    • OpenStack
  • Virtualization
  • Identitymanagement
  • Privileged identity management
  • Provisioning
  • Single Sign-on
  • Threat & vulnerability assessment
  • Governance & risk management
  • Application development across custom stack
  • User experience design
  • Product lifecycle management
  • Professional services
  • Performance engineering
Key-Features-vkyc-logo
Accelerator

vKYC – Video KYC/CIP Solution

vKYC is a secure AI-driven video KYC or CIP solution which allows businesses to verify and onboard their customers remotely over video calls. It captures the customer details in real-time through AI-driven face match, liveness detection, geo-tagging, and OCR based eKYC verification of the documents.

Key Benefits

  • Complies with RBI guidelines for video-based customer identification process (V-CIP)
  • Boots up sales operations
  • Reduces customer drop-offs
  • Reduces back-office overheads

Fintech Success Stories

 

  • Compliance report generation for an exchange house
    We developed an effective solution for generating compliance reports that are required for large exchange houses trading in derivatives and commodities. The solution delivered an efficient centralized mandate for building and generating reports across multiple trade repositories. The complete QA automaton framework developed by us helped in reducing testing efforts drastically.
  • Making cardless finance available at the point of sale
    We developed an operational solution in record time to make cardless financing available at the point of sale. This solution is integrated with the lending system as well as online and offline payment gateways.
  • Real-time credit card personalization and inventory management
    We engineered an end-to-end solution (frontend and backend) for card personalization and integrated it with inventory management system, which allowed personalization and real-time tracking of cards & inventory for both clients as well as vendors.
  • Customization and integration of a lending product at a leading bank
    We implemented customization for loan approval workflows and integrated recommendation engine at a leading bank in a very short duration. Standard utilities were identified and rolled out to help faster implementation of the product.
  • Single click cost audit reporting for a large conglomerate
    We developed a cost audit reporting tool that helped a large conglomerate to generate cost audit reports across multiple categories for government submissions. The tool helped reduce the report generation time from 20+ days to a few minutes. This tool has been integrated with the ERP and other systems to collect inputs.
  • Model to bring newer ideas to reality for an InsurTech company
    We built diversified teams to do quick POCs across various functional areas & technology stacks which enabled quicker decision making and execution. This gave our client the ability to take products to the market at a rapid space.

What’s your challenge? Let’s work together to solve it.