Industries/Banking, Financial Services, and Insurance

Modernizing Banking Through
Innovative Engineering and Efficient Operations

We help our clients achieve success and generate value for their shareholders at every stage of the banking and financial services value chain.

Industry Insights

SeeThingX has become the preferred partner for numerous banks and financial services firms on their digital transformation journeys. We drive operational excellence and cost efficiency in a rapidly evolving banking environment shaped by stringent regulations and technological advancements. We support banking and financial services clients across North America, including over half of the top 10 global banks and many top national and regional institutions.

Driving Change in Financial Services:
The Power of Technological Innovations

Fintech Innovations

Disrupting BFSI with mobile payments, peer-to-peer lending, robo-advisory, and blockchain solutions.

Open Banking

Enabling third-party access to customer data to spur innovation in payments, finance management, and customized products.

Mobile Banking and Digital Payments

Mainstream adoption with user-friendly apps and contactless options like NFC.

Insurtech

Leveraging AI, IoT, and data analytics for personalized policies, improved risk assessment, streamlined claims, and enhanced customer engagement.

Our Expertise

Banking

Modernizing banking through innovative engineering and efficient operations.

Financial Services

Developing agile, open, and intelligent digital financial services through sustainable solutions and engineering systems.

Insurance

Creating pioneering digital operating models to reinvent global insurance services, operations, and the value chain.

CASE STUDY

Platform Development for a Leading Mortgage Company

OVERVIEW

This case focuses on developing a platform for a prominent mortgage company, designed to streamline the loan application and closing process for specific loan categories. The platform evolved from its initial MVP design to the final production release.

Business Need

The client had been relying on manual data entry and paper-based operations, leading to stock location and inventory inaccuracies, resulting in failed customer deliveries due to the lack of centralized stock information.

Solutions Delivered

01

The development team implemented an SDLC process automation DevOps setup and established a microservices architecture to facilitate future scaling

02

Cloud readiness mechanisms were also put in place to support the addition of user-friendly features for quick validation and verification.

Impact

01

The platform was successfully deployed with ongoing releases over six months, covering a broader range of loan types and processes.

02

The user-friendly features of the platform allowed for quick verifications and validations, reducing the time required for manual processes from 8-10 days to just a few minutes.

03

Overall, the platform has automated the loan closing process, providing a fully automated experience for borrowers.

Modernizing Banking Through Innovative Engineering and Efficient Operations