Banking and Insurance

Changes to customer expectations allow an ever growing number of financial technology startups to gain momentum through digital disruption in services. The financial services industry is undergoing major changes and it requires a rethink to how businesses operate. To scale a business needs to maintain a competitive edge and continuously innovate. The industry is moving too fast for businesses to push innovation aside and “get around to it later.” The reality is, innovation is the main gateway to success and has to be a businesses top priority.

Most businesses in banking and insurance have been affected by the industry changes, causing them to seek new ways to compete and provide value. Successful players have leadership teams that understand how powerful harnessing the knowledge and expertise of their workforce is to innovation through software. Unleashing software delivery teams to uncover opportunities for operational improvements, identify new products and markets, and improve services to bring enhanced value to the business and its customers.

How are these companies engaging their employees and uncovering new ideas?

Software innovation, managed by software delivery teams working from idea to delivery.

As an innovative software & technology solution provider, Innovent understands the innovation needs of the financial services industry. And with some of Australia’s leading banking and insurance businesses using software designed and build by Innovent to implement innovative software that drive down costs and improve customer centricity, we have the experience to prove it.

INNOVATIVE SOFTWARE IN FINANCIAL SERVICES

Shifts in customer demand and new disruptive entrants to the market, leading banks and insurers around Australia are taking a proactive approach to software innovation in order to maintain a competitive edge, improve customer touching points, and drive business growth.