Financial Services and Banking Solutions

Financial Services is an immensely complex and constantly evolving industry.  Emerging business trends and a new competitive landscape are developing on the heels of one of the most difficult economic slowdowns our generation has witnessed.  Heightened regulatory requirements and increasing marketplace demands are putting unprecedented strain on IT departments, and Financial Services providers are finding it difficult to keep pace with the growing demands on technology.

Perficient’s industry expertise combined with our proven delivery capabilities uniquely positions us to provide IT consulting and technology services to the Financial Services industry.  By focusing on the business drivers that impact IT departments, Perficient partners with some of the leading technology providers in the world to deliver business-oriented technology solutions and services across the Financial Services industry.

We understand the demands IT departments are faced with:

  • Delivering projects that enable business growth and reduce the cost of banking IT
  • Increased automation and straight-through processing
  • Rise of emerging technologies and the need for customer-centric products and services
  • Demand to develop and maintain flexible IT infrastructure

 

...while faced with the challenges impacting the industry, including:

  • IT budgets are being reduced in order to maintain profitability
  • Dynamic and often unclear regulatory requirements
  • Marketplace consolidation forces the rationalization of IT platforms (i.e. data centers and hardware) resulting in less IT spend for enhancing business capabilities
  • Complex projects with elongated ROI are being deferred, limiting IT’s ability to keep pace with an evolving technology landscape
  • Tighter alignment of IT strategies with business objectives to show quantifiable value
  • Global sourcing is forcing organizations to consider lower cost staffing alternatives
  • Security concerns has slowed the adoption of cloud computing projects across the banking sector

 

Financial Services Series | Mobile Banking Market Outlook

Perficient's Managing Financial Services Director Mike Panzarella sits down to share his thoughts on competitive banking in the age of mobile technology.




Perficient provides a wide range of IT solutions for the Financial Services industry, including but not limited to: