Customers are expecting more from the banking industry as a result of advancements in technology. Mobile and Internet banking are popular transaction channels, but they compel banks to innovate new customer engagement models that deliver seamless multi-channel experience. In addition, a stronger regulatory environment is also forcing banks to continually overhaul systems, mitigate risks, lower costs and focus on growth opportunities. To manage expectations, banks will need to innovate and transform themselves to prepare for the future. Focus areas for banks include developing customer specific distribution channels (mobile, online, physical branches), simplifying business and operating models, obtaining customer intelligence proactively and managing risks.
WNS understands the constraints and the opportunities that retail financial services companies face. We partner with retail financial services companies to enable them to outperform in a challenging environment with our Business Process Management (BPM) offerings.