At Tech Novelty, we empower Banking and Non-Banking Financial Institutions (NBFIs) with innovative technology solutions designed to drive operational efficiency, enhance customer experiences, and ensure compliance with evolving regulatory requirements. Our services are tailored to address the unique challenges of the financial sector, enabling institutions to stay competitive in a rapidly changing digital landscape. Our expertise spans the following key areas:
Digital Transformation and Core Banking Modernization
We enable banks and NBFIs to transform their operations by modernizing core banking systems and integrating advanced digital solutions. From mobile banking platforms to omnichannel solutions, our offerings ensure seamless and personalized customer experiences. We focus on optimizing workflows and processes to enhance agility and scalability.
Cybersecurity and Fraud Prevention
Recognizing the critical importance of security in the financial sector, we deliver robust cybersecurity solutions to safeguard sensitive data and transactions. Our services include advanced endpoint detection and response (EDR), extended detection and response (XDR), and AI-driven fraud detection systems to prevent unauthorized access and fraudulent activities.
Data Analytics and Risk Management
Our data analytics solutions empower financial institutions to harness the power of big data for informed decision-making. By providing predictive analytics, risk assessment tools, and real-time insights, we enable banks and NBFIs to effectively manage credit risk, market risk, and operational risk, ensuring sound financial health.
Anti-Money Laundering (AML) Solutions
We offer comprehensive AML solutions to help financial institutions combat financial crimes and ensure regulatory compliance. By leveraging AI-powered transaction monitoring, pattern recognition, and real-time alerts, we assist institutions in detecting and preventing money laundering and other illicit financial activities.
Regulatory Compliance and Governance
Tech Novelty helps institutions navigate the complex regulatory landscape by implementing compliance management systems and governance frameworks. Our solutions ensure adherence to local and international regulations, streamline reporting processes and reduce the burden of manual compliance efforts.
Customer Experience and Engagement
We focus on enhancing customer engagement through tailored solutions such as personalized financial products, intelligent chatbots, and user-friendly interfaces. By leveraging AI and machine learning, we help institutions anticipate customer needs and deliver exceptional service experiences.
Asset Lifecycle Management Solutions
Our asset lifecycle management solutions empower financial institutions to optimize the acquisition, utilization, and retirement of their assets. Through advanced tracking systems, predictive maintenance, and performance analysis, we ensure that institutions maximize asset value, reduce operational costs, and improve resource planning.
Financial Inclusion and Innovation
Committed to promoting financial inclusion, we develop innovative solutions that extend banking and financial services to underserved populations. From microfinance platforms to blockchain-based payment systems, we enable institutions to reach new markets and drive inclusive growth.
Automation and Process Optimization
Through robotic process automation (RPA) and AI-driven process optimization, we help banks and NBFIs streamline operations, reduce costs, and improve accuracy. Our solutions address repetitive tasks, enabling institutions to focus on strategic initiatives and customer-centric growth.
Tech Novelty empowers Banking and NBFIs to deliver superior services, foster innovation, and thrive in the competitive financial sector.
