Core Banking

Tech Mahindra delivers complex core banking projects on a variety of delivery models to the BFS industry. Core Banking Practice is one of Tech Mahindra’s focus verticals is Banking, Financial Services and Insurance (BFSI) vertical. Our clients are financial institutions from large to small. They undertake a wide variety of banking activities including retail, corporate, investment and wealth management as well as microfinance. The Core Banking Practice has a large pool of associates with expertise on both COTS (Customized off the Shelf) products and Application Development and Maintenance Services (ADMS). Our experience spans across Temenos, Flexcube, Avaloq and micro core banking solutions & Digital Omni channel solutions.

As a technology company, we are embarking on a great journey to deliver ‘technology driven’ banking services.

Our Differentiators & Accelerators

Consulting

• CBS-PE – Product Evaluation Framework
• 4R APO – Core banking Application Portfolio Optimization Framework

Implementation

• WILF - Data Migration Tool
• SCM– Sofgen Change Manager

Support

• NISA – Managed Services Framework
• SEM- Interfaces & Data migration utility
• SAM- Operations monitor tool

Testing

• CIQ – Test Accelerator
• STA – Testing tool

Why Tech Mahindra?

Tech Mahindra believes that we can be the right solution for Bank as we have the right banking product alliance and solution accelerators to enable Bank to streamline operations.

• Strong consulting capability by leveraging Product vendor
• Flexible Bank in a box framework suitable for start-up banks
• Proven Track record of integrating Core banking with other enterprise systems like ERP, CRM
• Matured laboratory for resource scalability for point & integration solution to address end to end requirements
• Expert team with an average of 7+ years of experience in multiple engagement of consulting, implementation, upgrade, data migration, testing & support
• Re-usable repository of test cases consisting of core banking functionality and processes implementation,
• Deep industry domain knowledge with over 1250 SMEs & Business Analysts
• Emphasis on client management function
• Expertise and desire to establish deep, 360 degrees relationships with customers
• Methodology that is scalable and flexible to adapt to an engagement of any size
• Maximized Delivery Capabilities through Metrics Analysis
• ITIL, PMP, Six Sigma trained and certified TOGAF resources
• 60% of consultants with technology certification from product vendor
• Risk mitigation – Our solution will help in stabilizing a scalable core which will be a strong pillar for future innovation initiatives. This will act as a major risk mitigation factor for major future disruptions.
• Innovation enabler – Our “Innovation Factory model” & “Digital Enterprise Solutions” are frameworks, which can easily be leveraged for Bank’s new initiatives

SOFGEN

TechM SOFGEN (a subsidiary of Tech Mahindra) is an IT consulting group specialized in private, commercial and retail banking. Founded in Geneva, Switzerland in 1999, TechM - Sofgen serves clients around the world. Our end-to-end service offering centers on core banking systems, and builds out selectively to encompass solutions to the most critical challenges facing banks today.