si 50 Fastest Growing Companies-December-2014-Special issue

Cover Story

si 50 Fastest Growing Companies-December-2014-Special issue

Technology has stopped becoming a luxury and is an absolute necessity for most businesses, and enterprises that do not invest in enterprise systems to automate their processes end up realizing that their processes reflect on how their customers and associates regard them. The case is no different with the age-old BFSI (Banking, Financial Services & Insurance) sector. Though the industry was an early adopter of technology, regulators have been constantly forcing their hand to use current technology and deploy enterprise systems that ensure capital adequacy, effective risk and compliance management and transparent reporting to their stake holders. Evolving regulatory reforms have forced financial institutions in the recent years to replace their existing systems and deploy world-class...