Banking & Financial Services
With Sansar Tec’s strong expertise in banking and technology, corporate customers are embracing new opportunities to transform their offerings and capabilities…and move from commoditized products to added-value solutions.
Banking
At Sansar Tec, we understand the complexities and challenges faced by banking institutions in today’s rapidly evolving financial landscape. Our comprehensive suite of services is designed to help banks enhance operational efficiency, ensure regulatory compliance, and improve customer experiences. Here’s how we support our banking customers:
Consulting and Support Services
At Sansar Tec, we offer consulting and ongoing support to help banks navigate their digital transformation journeys, including:
- Technology Consulting: Our experts provide strategic guidance on technology adoption, helping banks choose the right solutions to meet their goals.
- Ongoing Maintenance and Support: We ensure that our solutions remain up-to-date and functional through regular maintenance, troubleshooting, and enhancements.
Application Development
We develop custom applications that enhance operational efficiency and customer engagement, including:
- Mobile Banking Apps: We create intuitive mobile applications that provide customers with easy access to banking services, enhancing convenience and satisfaction.
- Web Applications: Our Java Full Stack React development services enable banks to build responsive and feature-rich web applications that improve user experiences.
Data Migration and Management
Sansar Tec specializes in data migration projects, helping banks transition from legacy systems to modern cloud-based environments. We offer:
- Data Migration to Cloud Platforms: We assist banking customers in migrating their data from on-premises solutions (such as Teradata) to cloud platforms (like Azure), ensuring data integrity and security.
- Data Warehousing: Our data warehousing solutions enable banks to consolidate and manage large volumes of data, providing a unified view for better decision-making.
Customer Experience Enhancement
Enhancing customer engagement is vital in the competitive banking sector. We focus on:
- Omnichannel Banking Solutions: Our platforms provide a seamless customer experience across all channels—branch, online, and mobile—allowing customers to engage with their bank anytime, anywhere.
- Personalized Banking Services: We utilize data analytics to deliver personalized banking experiences, tailored product offerings, and targeted marketing campaigns.
CAPITAL MARKETS
At Sansar Tec, we recognize the dynamic nature of the Capital Markets sector, which faces constant challenges such as regulatory pressures, market volatility, and the need for enhanced technological capabilities. Our comprehensive suite of services is designed to help Capital Markets firms optimize their operations, improve compliance, and enhance customer experiences.
INSURANCE
At Sansar Tec, we understand that the insurance industry faces a myriad of challenges, including regulatory compliance, evolving customer expectations, and the need for enhanced operational efficiency. Our comprehensive suite of services is designed to empower insurance companies to optimize their operations, improve customer experiences, and leverage data-driven insights
Transformative Projects at Sansar Tec
Data Migration from Teradata to Azure Cloud using Databricks
As organizations increasingly embrace cloud technology for its scalability, cost-effectiveness, and performance, migrating data from legacy systems is crucial. Our data migration project focused on transitioning a major banking client’s data from Teradata to Azure Cloud using Databricks, ensuring a smooth and efficient process.
Key Project Highlights:
Assessment and Planning: We conducted a thorough assessment of the existing Teradata environment, identifying data sources, structures, and dependencies. Our team developed a comprehensive migration strategy that minimized disruption and ensured data integrity throughout the process.
Databricks Implementation: Leveraging Databricks’ powerful capabilities, we facilitated the seamless migration of large volumes of data to Azure Cloud. Our engineers utilized Apache Spark within Databricks to process and transform data efficiently, ensuring high performance and reliability.
Data Validation and Quality Assurance: Post-migration, we implemented robust data validation processes to ensure accuracy and consistency. Our team conducted extensive testing to verify that all data was migrated successfully and that the new environment met the client’s performance and operational requirements.
Training and Support: To empower our client’s staff in the new Azure environment, we provided comprehensive training and ongoing support. This ensured that they could effectively utilize the new tools and capabilities, maximizing the value of their cloud investment.
Java Full Stack React Development for Banking and Insurance Customers
In addition to our data migration expertise, Sansar Tec has successfully delivered Java Full Stack React Development projects for several banking and insurance clients. Our goal is to create user-centric applications that enhance customer engagement and operational efficiency.
Key Project Highlights:
Custom Application Development: We developed a robust web application for a banking client that streamlined loan processing and customer onboarding. Our Java back-end services seamlessly integrated with a React front end, providing a responsive and intuitive user interface.
Enhanced User Experience: By employing React’s component-based architecture, we created a dynamic and engaging user experience. The application features responsive design, real-time data updates, and an easy-to-navigate interface that simplifies customer interactions.
API Integration: Our team built and integrated RESTful APIs to ensure smooth communication between the front end and back end. This allowed for efficient data retrieval and processing, enhancing the overall performance of the application.
Security and Compliance: Understanding the critical importance of security in the banking and insurance sectors, we implemented stringent security measures throughout the development process. Our solutions adhered to industry standards and compliance requirements, safeguarding sensitive customer data.
Ongoing Maintenance and Support: Post-launch, we provided ongoing maintenance and support to ensure the application remained up-to-date and fully functional. Our team actively monitored performance and implemented necessary updates based on user feedback and emerging technologies.