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The financial services industry is undergoing a period of rapid change and increased competition.
Financial Services
The financial services industry is undergoing a period of rapid change and increased competition. Financial institutions have recognized the competitive advantages inherent in new technologies and have rapidly increased business levels and profitability by being first movers in their sectors. Deregulation has also been a major factor and transnational competition has increased significantly over recent years. Customer needs are also changing as customers get used to new technologies and realize how technology enhances their lives.
  • They are demanding new products and services delivered via channels such as the Internet and WAP. As technology develops, these demands will increase to include channels such as Digital TV and enhanced personal communication devices.
  • They are demanding heightened levels of customer service to be delivered at times and places that suit them. This means that financial institutions must provide top quality service.
  • Customers, especially those in the most profitable customer profile sectors, are more technologically aware, mobile and less "loyal".
VeriPark, as a leading technology partner for financial services, has designed solutions to help conquer these challenges;

Online Finance: VeriPark's proven robust online finance solution, VeriBranch is being used in many online finance solutions, to enable organizations to adapt to the new technologies and gain critical competitive advantage - competitive advantage that can be translated directly into increased business, reduced costs and improved profitability.

Campaign Management: Many financial services firms focus on high income customers which are technology savvy and are highly considerate on their privacy. VeriPark's multichannel permission marketing tool TouchPoint is a perfect way to reach this profitable customer set with their personal preferences and most important of all, their permission.

Interface Design and User Experience: An easy to use and information centric design is especially important with the increasing amount of information and importance of fast decisions. VeriPark designs simple but elegant and intuitive user interfaces whether you want to work with your customer, business partner or employees in your enterprise portal.

Content Management: VeriPark provides cost-effective content management platforms for deploying content-rich web sites, and distributing information to your clients, partners and employees. These solutions allow companies to distribute processes for online editing and publishing by putting the right business owners in control of their content.
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