Infosys Limited

Financial services and technology vendors make for uneasy bedfellows. While tech has formed banking’s bedrock since the Big Bang deregulation of the 1980s, in the last decade financial services (FS) organisations have seen the new “masters of the universe” steadily – almost stealthily – encroach on their patch. ...

Regulatory compliance has always been and will always be one of the top priorities and concerns of every financial institution (FI). Regulatory reforms following the global financial crisis of 2008 compelled FIs to make substantial investments in risk and compliance – both in terms of technology and headcount – to prevent and remediate...

Mohit Joshi, President & Head of Banking, Financial Services & Insurance (BFSI) at Infosys There was a time when every neighbourhood bank in North America and Europe was acquired by or merged with a larger institution. By 2000, global mega-banks offered fewer choices to consumers looking for competitive interest rates and other services....

Regulatory compliance dominated IT spending between 2009 and 2015 upon a backdrop of financial crisis, as well as the number of regulations passed during that time. However, firms have now realised that it is also crucial to spend effectively in areas that are critical to business and customer experience. Digitisation of the value chain (across all...

As a form of currency, Bitcoin continues to divide opinion across financial services, technology, politics and civil liberties groups. Some see it as a means to free currency control from centralised forces and central banks, while others fear it has already become a platform for criminality and black marketeers. Despite these questions about...

The financial services sector currently ranks second on a list of industries that are deemed to be ripe for disruption.  An increasing number of nimble fintech startups, funded by a rising wave of investments, are enthusiastically leading the charge. They, along with other marquee tech companies, are dominating the threat landscape for...

Back in 2004, a management consulting major studied IT systems at over 20 large global companies and delivered this simple diagnosis – diseconomies of complexity. “Diseconomies” is the operative word here, especially because it is often said that complexity is the natural byproduct of sophistication. Today’s smartphones pack...

By Manish Jain,Industry principal - FinacleInfosys TechnologiesKumar KudidhiLead Consultant - FinacleInfosys TechnologiesBackground and SignificanceFinancial institutions and business houses make their financial statements and other corporate information available to various stakeholders like investors, regulators, and analysts as part of statutory...