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SAP Solutions for Optimizing Financial Services Operations

The banking and insurance industry faces uncertain macroeconomic conditions. The need to offer customized product services, rapidly evolving business models, cyber security, and exceptional customer experience is growing now more than ever before.

The LMTEQ Advantage

LMTEQ offers a comprehensive range of services to the banking and insurance industry to reduce transaction processing costs, handle increased regulatory requirements, manage volume spikes, upgrade legacy systems, and design seamless customer journeys. Being a SAP Business partner in India we provide a wide range of service that also includes hassle-free SAP Migration Services. We work with clients to redesign business models, automate business processes, and drive business revenue with applied innovation. With SAP Solutions for Banking and Insurance Industry along with the understanding of regulatory landscapes, we are sure to bring value to our customers.

The LMTEQ Advantage

Target

Acquire

Onboard

Service

Retain

Service Offering

SAP for Financial Industry

Offers a digital transformation framework for you to deliver unique and innovative banking and insurance experiences.

Target
Recognise prospects based on their needs & segment them for high engagement with SAP CRM and Marketing Automation.
Acquire
Obtain higher conversion rates at lower cost per acquisition with data analytics and automation.
Onboard

Decrease the time and effort to onboard customers on a great scale with mobile touchpoints without compromising on compliance.

Service

Improve CSAT and reduce operational costs using AI, ML, cognitive chatbots, and more.

Take up the digital first approach

Financial service providers are at the cutting edge of digital transformation as they make the shift from traditional business models towards a digital-first approach as demanded by today’s customers. Previously used approaches must be replaced by a tactical technological shift that increases accessibility, speed, and the ability to stand in the competition. In today’s world, data is everything; it powers personalization, and smart decision making that delivers greater margins and customer satisfaction. The experts in this new digital finance industry will be those with IT that respond to insights at speed, without compromising on security or accountability. Therefore this is your cue to integrate SAP for Financial Industry.

Key challenges

LMTEQ helps businesses in the banking and insurance industry and lay digital plans that flawlessly integrate data analytics, regulatory reporting, risk, and compliance systems across all departments while delivering seamless customer experience, operations, control, and governance.

Commercial/Corporate Banking

Enable easy open banking ecosystem collaboration, minimize financial risks for customers and ensure financially flexible operations to offer impeccable experiences

Consumer/Retail Banking

Get the better of every operational challenge throughout the customer lifecycle to improve experiences and gain higher engagement with planned mobility and onboarding touchpoints.

Digital Onboarding

An automated platform that uses technologies like AI/ML, and remarkably improves customer on-boarding time for retail & SME/corporate banks and can be smoothly integrated with existing systems

Financial Services

Drive innovation, customer loyalty, efficiencies and smart decision-making with effective computing strategies for the tech-savvy consumers, businesses, and users.

Insurance & Underwriting

Enable customers with strategies to bring financial flexibility into their lives with accessible, innovative and data-driven insurance products while reducing risks and costs of underwriting.

Do you face challenges while implementing these BFSI operations?

  • Adopting digital technologies at a quick pace to drive intelligent and integrated experiences
  • Delivering uniform yet unique customer experience across all touchpoints
  • Building a robust foundation to scale advanced digital technologies
  • Predictively mapping capital risks with a real-time pointer on the market pulse
  • Seamlessly adapting the business model to customer needs
  • Protecting your business from other Fintech operators
  • Managing process-product-channel innovation across all channels of the enterprise

To know more about how you can enrich your enterprise, Learn about LMTEQ’s SAP Support Services.

Why Choose LMTEQ as a
SAP Service Provider?

Why Choose LMTEQ as aSAP Service Provider?

  • Authorized by SAP for excellence.
  • End-to-end SAP services.
  • SAP-certified professionals.
  • Tailored business solutions.
  • Expertise in SAP S/4HANA and HANA upgrades.
  • Worldwide support with local expertise.
  • 24/7 service and quick issue resolution.