Transform Your Banking Journey with Digital Solutions
“Improve business operations and deliver seamless customer experiences by integrating data, innovative AI-driven applications, Cloud, and process automation”
Key Fintech insights
$ 28.83 Bn
SaaS-based and cloud-based solutions are driving the growth of the Core Banking Software Market by 2027
- Fortune Business Insights
$ 57.14 Bn
It is expected that by 2033 the market for AI in fraud management will reach $57 billion.
- Future Market Insights
$450-$500 Bn
Data & AI could add $45-$500 Bn. To India's GDP by 2025
- NASSCOM
$18.4 Bn
The market for Conversational AI is projected to grow to USD 18.4 billion by 2026
-Markets and Markets
Digitally enabled banking & financial services operations
Nimble, efficient & intelligent
Customer Onboarding
Customers increasingly expect to handle all their financial affairs online, starting with the onboarding process. Our solutions facilitate account acquisition, making it easier for customers to open new accounts and become satisfied clients.
BI & Analytics Solution
Unlock customer intelligence with data analytics and AI, a top priority in banking. Gain a 360-degree view of customers, predict churn, detect fraud, and enhance onboarding, fostering a 'customer-first' culture.
Customer Experience with Intelligent Bots
We offer intelligent bot solutions that transform banking by optimizing customer interactions and streamlining services with AI and machine learning. This results in faster query responses, significantly enhancing customer experience and reducing operational costs by up to 30%-35%.
Automated Loan Origination Solution
Streamlining loan origination typically entails labor-intensive tasks such as document verification and validation. Experience zero-touch loan processing to revolutionize this process, eliminating inefficiencies & ensuring seamless handling across various loan types and channels.
Operational efficiency solution
Automate and orchestrate data from applications from accounting, human resources, call center, and customer data. Access, analyze, and act in real-time, enabling proactive measures to improve efficiency, reduce error costs, and improve decision-making.
Robotics & Process Automation
Automate manual loan processes, including document screening, customer data validation, KYC verification, regulatory compliance, transaction testing, fulfillment, and dispute management, to reduce manual work.
Achala IT Solutions provides cutting-edge technology solutions tailored for banking & financial services. By focusing on quality, efficiency, security, and scalability, we are able to exceed expectations.
Our approach to developing Banking & Financial solutions
High Quality
We adhere to the standards & best practices of automotive software engineering to deliver high-quality solutions that fully align with customers’ requirements.
Security
We align our software development processes and project management workflows with the general ISO 27001:2013 and industry-specific ISO/EC 27001 Information Security Management Standards.
Compliance
We make sure our Banking &Financial solutions comply with industry-specific standards for functional safety and information security, such as ISO/EC 27001, and GDPR.
Scalability
We apply relevant architecture solutions and development best practices to make our BFSI solutions scalable horizontally and vertically, increasing their business agility.
Our featured automation solutions
Collating the Reflectors of our Industry Expertise
Smart bank loan disbursement system
Catering to the needs of a renowned Indian Bank, we revolutionized loan disbursement processes. By implementing OCR technology, we automated document analysis, slashing manual efforts by 40%-60%. Experience faster loan approvals, reduced processing times (3 days to 2 hours), and increased efficiency with our innovative solution.
KYC Management System
Introducing our automated KYC verification system, streamlining account opening with a 60% faster customer onboarding process (verify in 5 minutes, not 30 days), and reducing loan processing time by 15%-20%. Experience a 20%-25% boost in operational efficiency.
Smart Work-flow Tool for Loan Approval
Integrated workflow system to digitize the data from loan applications and estimate credit scores by integrating with various external systems.
Smart B2B (SaaS) investment Portfolio Management Platform
A cutting-edge (B2B SaaS) platform was developed with a global investment management company and designed to revolutionize the data process for Real Estate Institutional Investors.
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Ready to transform your banking & financial services operations?
Benefits
Reduction in manual workload
Reduced the manual efforts spent by loan disbursement staff at head office by 60%.
Faster identity verification
Identity verification (document verification and face recognition) in less than 5 minutes.
Reduction in cost and time
Achieve 25%-30% time savings by eliminating the inconvenience of manual data processes.
Reduction Cycle time
A 60% faster Customer onboarding process
(Verify in 5 minutes, Not 30 days)
Enhanced efficiency
20% -25% boost in operational efficiency
Reduction in reporting time
Reduce reporting time by 25%
BFSI. Our Part In Digitization.
Digital Delivered. Enhancing customer experiences
Customers expect seamless digital banking experiences comparable to those in other leading industries. We support the digital journey of our BFSI clients through agile development and digital engineering, addressing business challenges with data analytics, intelligent automation, and Gen AI.
Process
Innovation
Fuel your competitiveness with our passion for innovation, leveraging cutting-edge technology to optimize your business processes.
Process
Automation
Gain real-time insights into operations and identify automation opportunities to ensure flawless workflows.
Process
Optimization
Leverage industry insights and advanced technologies (AI/ML, Cloud) to tailor solutions, streamline operations, and drive your success.
Operational
Excellence
Access, analyze, and act in real-time, enabling proactive measures to improve efficiency, reduce error costs, and improve decision-making.