Leading Banking IT Service Provider in India 

 Considering rapidly evolving customer needs, banking IT services have grown tremendously around the globe. India, which is leading the chant of digitization of the economy, boasts its banking IT service provider that have also made significant gains. This field has become increasingly competitive over the past decade, and all IT conglomerates continue to develop innovative new strategies to expand their market. The banking IT sector has taken a sharp upward turn as the global economy continues to rise out of the pandemic, and this trajectory is expected to continue.  

Here is a list summarizing every top banking IT service provider in India.  

1. Tata Consultancy Services BaNCS  

2. TrustBankCBS  

3. Wipro Core Banking As-A-Service  

4. SAP Banking and Financial Services   

5. C-Edge Technologies Ltd.  

6. NCR Corporation Digital Marketing Solutions  

7. Finacus Solutions Pvt. Ltd.  

8. 3i Infotech  

9. Encore360  

10. EdgeVerve Finacle  

1. Tata Consultancy Services (TCS) BaNCS  

Tata Industries has its root in almost every commercial sector and field in this country and carries a substantial brand value and trust. Tata Consultancy Services, or TCS, has inherited that brand name and added additional value. It has also led partnership expansion with Pheonix Group, where its solutions will help the latter transform end-to-end customer service to enhance customer satisfaction and retention. This contract includes administration services which have a value of over £600 million.  

2.TrustBank CBS  

TrustBank CBS has an integrated but modular banking system capable of managing large banking corporations’ complex banking requirements with multiple facets. This company has an experience in the BFSI sector that spans more than 20 years. It has branches in more than 25 countries with a credible global network of sales and service professionals. TrustBank CBS also provides 24×7 banking services with reduced Capex and Opex costs.  

3.Wipro Core Banking As-A-Service  

Located in India’s IT capital Bengaluru, Wipro Core Banking gets you access to a hosted core banking application and other related technical support at a fairer cost. It has been widely appreciated for its ‘As-A-Service’ model that provides infrastructure topology only per the said demand, which becomes effective in uncertain economic conditions. Wipro is leading India’s top banking service provider. 

4.SAP Banking and Financial Services  

SAP Banking has a robust system that ensures a smooth conducting of banking transactions for a better customer experience. It also helps banks reach out to those who have yet to avail of such services for increased financial inclusion. Its large client base boasts big names such as Standard Chartered and PayPal, for whom SAP completes 5,00,000 transactions daily.  

5.C-Edge Technologies Ltd.  

C-Edge Technologies is a successful joint venture of Tata Consultancy Services and the State Bank of India. The core vision behind this partnership is to empower Indian financial services and emerging markets to transform by focusing on the top-priority needs of today. It is based in Mumbai and continues expanding its client radius every year. 

6.NCR Corporations Digital Marketing Solutions  

Despite being based in the United States, NCR is widespread in the Indian market and has 15 million users utilizing its digital banking system. Thanks to its constantly innovating approach, it offers its clients advanced, single-platform technology, ensuring efficient and simplified digital transactions.  

7.Finacus Solutions Pvt. Ltd.  

Finance Solutions is among the rapidly growing IT service provider for banks with a client base of over 100 financial entities. It has a modular core banking system called FinCore and Aadhar and eKYC-based identity verification that reduces the effort of physically uploading ID-proof details. Their focus is on providing solutions for domain-specific requirements, which makes it a reliable IT partner.  

8.3i Infotech  

3i Infotech offers an array of products to clients that come in handy while conducting retail operations. It is India’s top banking IT service provider in many fields, including 5G services, cyber security, cloud edge computing, application development, workplace transformation, etc. Their system also helps detect fraud, universal marketing, and risk management. They have a customer base of over 1000 across 50 countries.  

9.Encore360  

Encore 360 is a decade-old IT institution with multiple solution platforms for its customers. These include a highly customizable framework called Encore Audit, a payment system that allows lenders to collect money from customers via field agents called Encore Pay, as well as a loan life cycle management solution that is transparent and efficient called Encore Lend. Its multi-purpose flexible system can manage operations for all major activities involved in this sector.  

10.EdgeVerve Finacle  

Another IT company in Bengaluru, EdgeVerve Finacle, has over 1400 professionals on its payroll. It is an owned subsidiary of global tech giant Infosys and has more than 400 clients worldwide; it also holds north of 50 patents, making it among the top competitors in the country.  

Are you looking for a reliable and trusted Banking IT Service Provider in India? 

Look no further than Aarav Software, a leading IT solutions company providing top-notch services to banks and financial institutions in India. Leading Banking It service provider In India

At Aarav Software, we understand the challenges banks and financial institutions face in today‘s rapidly evolving digital landscape. We offer a comprehensive suite of IT services to help banks streamline their operations, reduce costs, and enhance customer experience.

With more than 8 years of experience and a team of 1000+ technology experts, Aarav Global Products and Services is a comprehensive banking IT service provider offering end-to-end solutions in application and data science. Our esteemed clientele includes top-tier organizations such as United Nations, HDFC, SBI, Delhi Development Authority, Edelweiss, Oasis Investment, Share Khan, and UCO Bank.

Our Services

1. Core Banking Solutions We provide end-to-end Core Banking Solutions (CBS) that enable banks to automate their operations and improve their efficiency. Our CBS services cover account management, deposits, loans, and other banking transactions.

2. Mobile Banking Solutions We offer mobile banking solutions that enable banks to offer their customers a seamless banking experience on the go. Our mobile banking solutions cover features such as account balance checking, fund transfer, bill payment, and more.

3. Internet Banking Solutions Our Internet banking solutions enable banks to offer their customers a secure and user-friendly online banking experience. Our solutions cover features such as account management, fund transfer, bill payment, and more.

4. Payment Gateway Integration We provide payment gateway integration services that enable banks to process online transactions securely and efficiently. Our payment gateway solutions cover all major payment methods and are compliant with industry standards.

Why Choose Aarav Software?

1. Experienced and Skilled Team We have a team of experienced and skilled professionals who are well-versed in the latest technologies and industry trends. Our team has a proven track record of delivering high-quality IT solutions to banks and financial institutions.

2. Tailored Solutions We understand that each bank has unique requirements and challenges. Therefore, we offer tailored solutions that are customised to meet the specific needs of each client.

3. Cost-effective Solutions We offer cost-effective solutions that help banks reduce their operational costs and improve their bottom line. Our solutions are designed to maximise ROI and provide long-term benefits.

4. 24/7 Support We provide 24/7 support to our clients, ensuring that their IT systems are always up and running. Our support team is always available to resolve any issues or concerns that our clients may have.

Conclusion

In conclusion, Aarav Software is a leading Banking IT Service Provider in India, offering a comprehensive suite of IT solutions to banks and financial institutions. With our experienced team, tailored solutions, cost-effective pricing, and round-the-clock support. We are committed to helping our clients achieve their business goals and stay ahead of the competition. Contact us today to learn more about our services and how we can help your bank thrive in the digital age.

As a leading banking IT service provider in India, we offer customized solutions to meet the specific needs of each of our clients in the financial sector.

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