Solutions Appreciation

The roles Financial Institutions and Solution Providers play today have far outgrown their traditional definitions, all thanks to technology. Content, quantity and quality expectations from both have undergone a sea change.

Interconnectivity possibilities have brought with them corresponding compliance requirements. Hitherto unknown higher gains have exposed the industry to equally unknown risks.

Today’s revenue models and their dependencies on market variables such as consumer preferences, transaction volumes, competitive marketing hypes, etc. have become quite complex to understand and make profitable use of. This has resulted in most of the players taking a calculated, cautious, wait and watch approach, which has created many market followers, but few market leaders.

Industry needs clarity on how the potential of new network and distributed application topologies can be put to practical use for addressing this chaos. The changed scenario makes some things easy and some difficult, and as a result, guaranteed and sustainable profitable growth appears hazy.

Industry needs expertise, not just sufficient domain knowledge in terms of various financial instruments and products, but an understanding of the current buzzwords, current trends, current profit avenues, and current risks. In short, they need the current do’s and don’ts list. This expertise is required to assist the IT Decision Makers on what has to be done today, and how to do it, for survival as well as profitable growth of their organization.

Individual Solution Providers focus more on promoting their products, but not on educating the banking industry. Hardly any effort is going towards creation of the new generation of decision makers. As a result, there is growing concern in the top managements of the banks regarding the technology understanding and deployment capability of their infrastructure.


Abhyarth’s Contribution

Abhyarth can bridge this gap by providing trainings in the relevant new technologies of the banking sphere. The training courses can range from superficial and introductory to in-depth and hands-on. Abhyarth offers a typical day-long exploratory, interactive session in the area of payment systems. It covers the following broad topics

• Different Delivery Channels and their popular functionalities
• Various Network Architectures and Comparisons of

  • Their history and evolution
  • Their capabilities and limitations
  • Their operational ease
  • Their focal points
  • Their benefits and costs
  • Their security considerations
  • Their volume and functional scalability
  • Their reliability and fault tolerance
  • Their ability to provide disaster recovery / continuity of business

• New breed of specializations

  • International Credit / Debit Card Gateways
  • Shared Core Banking Sites
  • Shared ATM Networks
  • Cash Management Service Providers
  • Card Management Vendors
  • Security Auditors
  • Technology Consultants

• Payment System interconnectivity across institutions
• Future expectations from payment systems

Your requirements can be more accurately covered in a custom built course. To discuss how these services can help you in your specific situations, please contact us