We
advise + implementData, Business and Technology solutions
for Financial services industry
Data Solutions
Empower growth through data lifecycle and enterprise AI to help you realise business value.
Business Solutions
We take focused transformation approach augmented by digital tools tailored to your organization
Technology solutions
Advisory and implementation of Technology modernization including multi-cloud solutions
DATA
Elevate your data game with our comprehensive Data Services suite. We’re your partner in realizing your full potential and long term value
Data Strategy
Actionable data-driven strategies to navigate the complex data landscape and maximize competitive advantage.
Data Engineering
Optimizing data pipelines, enabling efficient data processing and empowering organisations to harness the full potential of data assets.
Data Architecture
Seamless data integration, scalability, and security through our expert data architecture services.
Data Analytics
Unlock the power of data with cutting-edge AI & ML techniques, driving informed decision-making and business growth.
BUSINESS
Delivering modern digital platforms, beautiful dashboards, and game-changing AI solutions to accelerate innovation, and win your customers’ hearts.
Digital Strategy
Curating a digital path that aligns technology initiatives to business goals, guiding towards sustainable growth in the digital era.
Digital Innovation
Revitalizing growth and value with emerging technologies and platforms such as Gen AI & Salesforce to create a lasting business impact.
Digital Architecture
Designing and implementing robust and scalable tools, including cloud solutions, data management systems, and application frameworks.
Digital Enablement
Optimising business processes by automation, workflow improvements, and accelerated product engineering to accelerate transformation.
TECHNOLGY
Maximize growth, agility and cost savings through seamless architecture, advanced security, and infrastructure modernization to achieve cloud excellence.
Cloud Strategy
A roadmap to harness the full potential of multi-cloud technology, aligning business goals with our expert guidance.
Cloud Engineering
Design and develop cloud migration solutions, ensuring agility and innovation in the transformation journey.
Cloud Architecture
A robust cloud foundation ensuring accessibility, security, and salability of the cloud infrastructure.
Cloud Security
Manage multi-cloud risks with CSP’s and native security services for end-to-end cloud transformation.
DOMAIN COMPETENCY
We have been positively impacting Banks & Financial firms through our teams’ domain knowledge & expertise of Business & Technology solutions
Personal & Commercial Banking
As the banking world rapidly changes, we help banks stay ahead by re-imagining their clients’ Banking experience through digital transformation and modernization efforts.
We help Banking clients innovate by re-designing omni-channel customer experiences, enable smart decision making through data & analytics and better manage risk, fraud and operational efficiencies while driving customer value and continuous growth
Wealth & Asset management
Wealth Managers need to provide comprehensive advice and protect, grow, transfer to next generation of their clients assets. Leveraging digital solutions is the best thing to do given the challenges of continuous market and economic cycles, change management and optimizing efficiencies. Similarly, for Asset Managers too, enabling richer client experiences & growth is key.
Solutions like Portfolio management or securities processing and administration are undergoing through rapid digitalization & advanced analytics
Capital Markets
Capital markets including investment banks, exchanges, central securities depositories, clearing houses & custodians need to constantly ensure technology & operations are in the optimal state and also be ready for the future state
We partner with investment banks to help them to respond to change—from new technologies to operations, from enabling strategy through execution to value creation in their journey.
Insurance
The insurance industry is at the heart of digital disruption and convergence. Key insurance players are constantly adding and improving their products and services for their clients that include customer experiences, Digital and technology investments like Cloud.
Our team can help enabling the Property & Casual insurers as well as life insurers execute their technology strategy, architecture and execution
Cards & Payments
Payment industry continues to change due to customer expectations, behaviour and technology innovation.
We help our clients’ develop Payments strategy as well execute all through the modernization & innovation including Open Banking solutions, Retail and commercial payments, AML & Fraud, Real time rail etc.
Risk & Regulatory
Rapid transformation needs of the Financial industry gives unprecedented challenges, particularly Risk, Compliance & Fraud. On top of this, the constant changes and demands with strict deadlines from Regulators add further complexity to the story.
We help FIs mitigate & control risks and ensure they deliver Regulatory initiatives on time
Our LATEST WORK
optimizing for value creation in Banking and Financial services industry
Client 360 solution for Largest Canadian Bank
Challenge: Our client, a prominent Canadian bank with diverse lines of businesses (i.e. Banking, Wealth Management etc.), lacks a unified holistic view of their customers. This gap hinders their ability to identify opportunities for offering improved products and enhancing overall client experience.
Solution: The proposed solution “Client 360,” was spearheaded by InnovOcean consultant, from strategy through execution. This initiative involved close collaboration with the client’s teams in Business, Tech and Data. An analytical engine was meticulously constructed from the ground up, utilizing a combination of probabilistic and deterministic data science models, along with Big Data technologies. The objective was to accurately match clients across LOBs and integrate the results into front-office applications for better client service.
Results:
90% better matching results than the existing solution
Improved client experience for High net worth clients
Foundational solution for better insights & products
Data DOmain implementation for Wealth Management FIRM
Challenge: Enterprise Data Policy requires the Wealth Management LOB to comply with the Canadian regulatory expectations including strategizing and operationalizing of Data domain model for Data Management & Data Governance
Solution: An InnovOcean consultant played a pivotal role in empowering the Wealth Management (WM) client to unlock new capabilities by leveraging a comprehensive Data Domain Model balancing the policy compliance with tangible business value.. The scope includes the entire spectrum, from strategy formulation to final delivery executed across multiple regions globally for all lines of business (LOB), constituting a multi-million-dollar endeavor over multiple years
Results:
Domain level metadata & SOR repository established
Data Lineage created & Data quality measures taken
Potential recurring cost savings of 3% for multi-million dollar annual IT projects
Get in touch
We look forward to discussing how we can help you achieve your business goals.