Challenge: As competition increases, banks and financial services providers spend millions each year searching for ways to enhance their value to customers. The growth of e-Commerce and mobile commerce, new electronic payment methods, third-party innovators and product acquisitions each drive the opportunity for new lines of development. However, organizations may be faced with multiple barriers to innovation. Highly customized systems are slow to configure and difficult to integrate with newer software, with development schedules measured in years. Incomplete documentation and inconsistent adoption of new releases over time may make any modifications potentially risky and expensive. Internal resources are often stretched to simply maintain existing environments and may lack the knowledge and skills required for enhancements. Third-party products may have issues around scalability, flexibility and security, potentially obsolete before even coming online.
Why CeleritiFinTech: As the ‘owners’ of Hogan Banking and CAMS II Card & Merchant Systems, the proven technological foundation for many leading institutions, no one brings a deeper knowledge of their capabilities and development potential than CeleritiFinTech. The banking, payments and lending solutions we develop integrate smoothly into these core systems, with the scalability, security and flexibility demanded by the largest banks in the world. Our development strategies are strengthening client access to the digital fintech ecosystem, allowing them to more quickly integrate applications from vetted third-party providers. CeleritiFinTech is also focused on increasing automation and unifying multiple systems into end-to-end solutions that significantly improve information-sharing while reducing resource demands.
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