Intelligent Fin.tech Issue 06 | Page 52

CLOUD SOLUTIONS

PWC AND FINTECHOS LAUNCH DIGITAL BANKING SOLUTION ON MICROSOFT CLOUD FOR FINANCIAL SERVICES

FintechOS , a leader in FinTech enablement , has collaborated with PwC to support its new digital banking solution : Infinite Financial Solutions for Banking . Powered by Microsoft ’ s Cloud for Financial Services and leveraging FintechOS ’ s technology platform , the solution enables financial institutions to accelerate Digital Transformation and elevate the customer experience in a cost-effective way .

Infinite Financial Solutions for Banking combines proven cloud-based technologies , cutting-edge FinTech innovation and deep industry insight and understanding , as well as broad experience across strategy , regulation , controls and cybersecurity . By simplifying FinTech development and deployment and greatly reducing the time required to develop new services , the solution enables institutions to accelerate the launch , servicing and expansion of their financial products and services .
With the aim of creating exceptional customer experiences and delivering rapid innovation for financial services providers , all at reduced cost , PwC and FintechOS are collaborating to enable the dynamic orchestration and hyper-personalisation of digital customer journeys . FintechOS has a proven track record of helping financial institutions quickly , efficiently and cost-effectively launch personalised and differentiated financial products and customer journeys at scale .
• Provide a low-code / no-code approach to configure and update financial products and create datadriven customer journeys , avoiding dependency on scarce technical talent .
• Enable PwC to launch new , innovative solutions with financial customers in fewer than 12 months while reducing the total cost of ownership by up to 40 %.
In addition to PwC ’ s deep digital banking expertise , the solution also leverages Microsoft ’ s Cloud for Financial Services to provide a single customer services platform and support hyper-personalisation .
“ FintechOS enables our clients to create hyper-personalised digital customer journey experiences and access a rich catalogue of configurable banking service capabilities . Through its powerful lowcode design studio , FintechOS allows business teams to dynamically change customer journey flows , business rules , and customer personalisation . This is a unique combination and a game-changer in driving business agility ,” said Mike Kennelly , Senior Director at PwC .
“ FintechOS can plug in anywhere in the tech stack , working with existing and legacy technologies ,” added Mike Hughes , Vice President , Product Marketing at FintechOS . “ This enables PwC – with its Infinite Financial Solutions – to bring together best-of-breed cloud services , integration and orchestration layers and deep digital banking know-how to help institutions pioneer new products and services .” �
For Infinite Financial Solutions for Banking , the FintechOS platform will :
• Act as the integration and orchestration layer , simplifying and enabling connections with a wide variety of systems , such as identity verification , Open Banking , payments and neo-core technologies .
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