Recent global financial crises have unleashed a whole new set of challenges for banks and financial institutions. The rising default and delinquency rates in mortgages and asset-based products put the spotlight back on improving the profitability, shareholder value and building a quality book of assets. The consolidation of portfolios due to mergers and acquisitions has led to a fragmented technology space, with different solutions often providing similar business features. In addition, the tightening compliance and regulatory framework spurred banks to frequently change their business processes, standard operating procedures and MIS reporting systems.
USM’s solutions have helped clients improve business processes, roadmaps, legacy systems and regulatory compliance. Our subject matter experts and architects conduct joint discussions with the customer’s Business/IT teams to create a cohesive solution. Our collaborative approach to problem-solving and solution design has significantly helped our customers.