Consumer and Retail
Consumer and Retail
As retail and CPG companies address new challenges and continued uncertainty, executives are managing several priorities simultaneously. From tracking changing consumer buying patterns to ensuring the supply chain meets more complex final-mile delivery options, industry leaders are leveraging new technologies to modernize, manage costs with rigor and curate ecosystems to drive sustainable growth.
Banking and Capital Markets Services and Solutions
Octech is a proven partner for delivering strategic transformation of complex, mission-critical IT systems for our banking and capital markets customers.
Digital disruptions are forcing banks to rethink operating models. Today, corporate banking customers demand real-time interaction, service immediacy, and transparency. They want an experience on par with that of Uber or Amazon in corporate banking. Start-ups like TransferWise and Simple Tax have identified this need in retail banking, providing greater convenience in conducting transactions. The implementation of regulatory directives like PSD2 will result in banks competing with everyone offering commercial lending, financial services, and banking solutions.
Services
With their dominance under threat, retail banking and corporate banking and commercial lending organizations are embarking on a trajectory for change.
Payments and Cards
A complete package of payment monitoring, cloud enablement, Transaction services and ISO 20022 compliance and supports advanced fraud and risk control
Cash Management
Octech's integrated cash management system reduces governance and management expenses, thereby ensuring complete customer satisfaction. ? ?
Commercial and Corporate Lending
Octech provides end-to-end solutions across commercial lending and corporate lending, empowering banks to control operational costs.
Consumer Lending
Octech has extensive industry expertise in consumer lending in the areas of collection and collateral management.
Core Banking
octech's core banking solutions cover the entire gamut of functionalities, from customer views to niche zones such as funds transfer.
Risk Management & Banking Integration
Octech's banking solutions are geared for enhanced visibility and augmented control, preempting operational risks and fraudulent transactions.
Financial Accounting and Software Applications
Octech provides an array of solutions for financial software applications across the entire trade finance value chain.
Treasury Management Software & Solutions
Octech has proven capabilities in developing treasury management application suites and providing technical support for multiple asset class management.