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Capgemini’s New Cloud Based System is Likely to Revolutionize Banking

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Published on : May 21, 2015

One of the foremost consulting, outsourcing, and technology service providers globally Capgemini has unveiled the latest solution that offers a highly distinguished “experience-led” banking for customers who seek high quality transactions. 

The wing of Banking Platform solution in Capgemini has raised the curtain on a sophisticated ecosystem of high performing products which are designed exclusively to address legacy application issues, which are common to many banks. The system will pace up the time-to-market across the whole gamut of services offered by banks. The new system will enhance banking operations by making it more responsive and allowing a better personalized digital experience to customers. 

As reported by the company, the design of the new system is based on the parameters of openness, scalability, and flexibility. The platform will leverage TEMENOS T24(TM), along with the other correlated products to deliver a secured private cloud computing service to the customers. Else the service provided will be hosted as per the preferences of niche consumer demographics. According to reports, the solution will be first launched in Europe, followed by the United States and Canada. After this the system will foray the markets in Asia Pacific. 

Apart from providing rich use experience to customers, the service platform encompass a ricj ecosystem comprising proven and examined industry solutions for decision-making, pricing, and payments. The service platform will come along with some inherent advantages which will contribute to accelerating time-to-market across 360 degree of the banking sector. The solution is expected by many to emerge as the best system till date for delivering seamless consumer transaction. Banks who will readily integrate these solutions will be able to differentiate customer centric features from user experience technologies such as biometrics, voice recognition. The system will also create rich and better loyalty programs to facilitate decision making, and ensure faster pricing and digital payments.