Sphinx Worldbiz collaborates with retail and corporate banks and insurance companies to provide scalable solutions that are well-suited to the needs of a diverse target population
With personalised online banking, you can meet your clients' ever-increasing demand for seamless 24/7 access to their financial accounts.
Sphinx Worldbiz has 26+ years of CRM consulting experience and can help you improve your efficiency in a variety of customer-facing tasks such as:
Sphinx Worldbiz will assist you in implementing the following banking data analytics:
Make use of the potential of digital payments with Sphinx Worldbiz
Sphinx Worldbiz offers a comprehensive range of bespoke and platform-based solutions tailored to your specific requirements
We have you covered whether you require software to digitise a single insurance operation or a multi-functional solution to deliver value throughout the whole insurance ecosystem.
Underwriting expenses can be reduced by up to 46%, income can be increased by 15-20% owing to optimised insurance pricing, and decisions can be made in minutes rather than days.
97% quicker policy issuance, updating, and renewal, 45%+ improvement in insurance team productivity, and up to 66% decrease in policy administration expenses.
Billing-related expenditures may be eliminated by up to 87%, and the billing process can be sped up by up to 2-3 times
Claim processing expenses are reduced by 35%, and the claim cycle is reduced by 85% or more
In the BFSI (Banking, Financial Services, and Insurance) industry, the software/product development process typically involves the following phases:
This phase involves identifying and documenting the specific needs and requirements of the software/product, such as functionalities, security measures, and compliance regulations relevant to the BFSI industry.
In this phase, the software/product architecture and design are created, considering factors such as scalability, data security, integration with existing systems, and user experience. The project plan, including timelines and resource allocation, is also established.
The actual coding and development of the software/product take place in this phase. Our developers create the software/product based on the design specifications. Additionally, rigorous testing is conducted to identify and fix any bugs or issues, ensuring the software/product functions as intended
Once the software/product is developed and tested, it is deployed in the BFSI environment. It involves installing and configuring the software/product on the required infrastructure, integrating it with existing systems, and conducting thorough compatibility and performance testing
After deployment, the software/product requires ongoing maintenance and support. This includes monitoring its performance, addressing any issues or bugs that arise, providing regular updates and enhancements, and ensuring compliance with changing regulations in the BFSI industry
Our company is ISO 9001 and ISO 27001 certified, committing to robust quality management and ensuring the unwavering protection of our clients' data.
Utilising agile approach in the creation of our BFSI software solutions allows us to create adaptable and scalable systems with minimal risks.
Sphinx Worldbiz has extensive experience in developing software solutions specifically for the BFSI sector. We have a deep understanding of the industry's unique requirements and can deliver tailored solutions.
Our company possesses strong domain knowledge in BFSI, enabling us to provide insights and guidance throughout the development process. This ensures that the software aligns with industry standards and regulations.
As security is a top concern in the FinTech industry, Sphinx Worldbiz prioritizes robust security measures in its software development process. We implement industry best practices to protect sensitive data and ensure compliance with regulatory standards.
Sphinx Worldbiz values client satisfaction and focuses on building long-term relationships. We actively involve clients in the development process, regularly communicate progress, and provide ongoing support and maintenance to ensure the software's success.
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Regulatory technology solutions help financial institutions and banks comply with complex regulations and reduce compliance costs through automation and data analytics.
Financial institutions use Open Banking APIs to securely access and share customer data with other institutions, leading to increased competition and access to better financial products.
InsurTech firms employ innovative technologies such as AI and IoT for faster underwriting, claims processing, and a more personalized customer experience, ultimately improving the overall efficiency of the insurance industry
In BFSI, Digital Twins refer to virtual replicas of physical assets, processes, or systems. These virtual models are used to optimize operations, reduce costs, and minimize downtime by predicting potential system failures and simulating scenarios
As environmental concerns grow, BFSI institutions are turning to green technologies such as clean energy, energy-efficient infrastructure, and sustainable investing. Green technology not only helps reduce carbon footprint, but it also offers significant cost savings in the long run
AI is used in BFSI for various purposes such as fraud detection, risk assessment, customer service automation, and personalized financial recommendations
Blockchain technology offers secure and transparent transactions by creating a decentralized and immutable ledger. It is used in BFSI for faster, more secure, and cost-effective transactions, smart contracts etc.
RPA automates repetitive tasks, reduces errors, and enhances operational efficiency in BFSI. It is used in areas like customer onboarding, data entry, compliance reporting, and claims processing.
SCALABLE | HIGHLY TRUSTED | EXPERIENCED WITH 10+ PROJECTS | MORE THAN 3+ YEARS OF EXPERIENCE
Sphinx Worldbiz is a trusted name in deploying quality software developers to deliver our global clients a wide array of services. Our developers are experts in many technologies such as Python, Java, R, SQL, Javascript, Solidity etc. and will offer you diverse web solutions and technology consultancy for further integration into your concrete business models. We offer services ranging from software and application development to Digital Transformation and provide expert consultancy on Industry 4.0.
If you believe that your corporate activities might be conducted more efficiently and effectively, you are probably correct. Weuse smart automation and analytics to revolutionise cross-departmental business domains.
| FrontEnd |
Angular
Vue.JS
React.JS
Next.js
Blazor
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| BackEnd |
Ruby On Rails
Laravel
Node
PHP
.net
.net Core
Golang
Python
Django
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| Mobile |
Flutter
React Native
iOS
Android
Ionic
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| Server |
AWS
Digital Ocean
Heroku
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| Database |
MongoDB
PostgreSQL
MySQL
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| Framework |
GIS
Gatsby
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| Version Control |
Github
Bitbucket
Gitlab
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| Communication Tools |
Slack
Microsoft Team
Hangout
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| Meeting |
Google Meet
Zoom
GoToMeeting
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| Project Management Tools |
Jira
Trello
BaseCamp
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| Other |
Agile
TDD
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| CMS |
Wordpress
Drupal
Strapi
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| Devops |
Apacheant
Xcode
Fastlane
Gant
Gradle
Maven
Ansible
Chef
TeamCity
Bamboo
Circleci
Hudson
Jenkins
Buildt
Apps
Git
Hawlett
Sonarqube
Subversion
Apptest
TravisCi
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| CRM |
Salesforce
Microsoft Dynamics 365
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| Deployment Process |
CI/CD
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Still have questions?
Utilising agile approach in the creation of our logistics and transportation software solutions allows us to create adaptable and scalable systems with minimal risks.
Our developers have extensive cross-domain competence in online and app development, cloud architectures, business process automation, and other fundamental transport and logistics technologies.
We enable self-managed teams to handle the whole software development cycle, from start to finish.
Sphinx Worldbiz provides solo specialists as well as agile pods that are ready to go to meet your IT demands and expedite delivery.
We infuse expert IT people into your team to help you expand quicker, accelerate your innovation projects, and save hiring.
