A financial institution will be in an advantageous position to handle market conditions, pressures from competitors, and shift in buyer trends. https://www.raybiztech.com/blog/dell-boomi/financial-institutions-leverage-boomi-platform

1. Technology + People + Process
Apr 17 2019
How do financial institutions leverage Dell Boomi platform?
The financial sector is moving at a fast pace towards digital transformation and technology innovation for managing people, data, and
processes. The Dell Boom integration platform will optimize the workflows across banking and financial institutions, thereby reimagining
complete transaction cycles and optimizing an omni-channel experience for customers. When it comes to business agility and customer focus,
the Dell Boomi platform plays a key role in connecting disparate data and applications. A financial institution will be in an advantageous position
to handle market conditions, pressures from competitors, and shift in buyer trends.
Superior Customer Experience
With innovative means of customer engagements across product lines spread across the social and mobile platforms, insurance companies can
cross-sell and gain close more deals backed up by rich customer experience. Connecting people with data by virtue of the Boomi platform,
marketers are offered a 360-degree view of the customers.
Transition from legacy systems
Enterprises can gain mileage from Boomi-driven workflows as well as master records of all the data by connecting legacy systems to the cloud
and preserving the mission-critical investments stored across the respective financial applications. This helps them improve the level of agility
and adherence to regulations in a dynamic business environment.
Accelerate entire change management
Integration enables the complete series of changes right from the banking PSD2 revolution to leveraging blockchain and AI. Firms will now be
able to quickly merge assets in the aftermath of mergers and takeovers, and maintain the desired level of customer satisfaction and minimize
risk.
Refine data security and governance
Firms will be spared most of the concerns arising from compliance and governance issues. The Dell Boomi data quality standards are in line with
international regulations and governance framework for financial services, leading to efficient storage and retrieval of clean data across business
applications.
Integration driven by futuristic outlook
By connecting a combination of cloud-based and legacy on-premise systems, financial organizations can leverage the benefits of a cloud-native
integration platform. Financial institutions and banks have scaled their capabilities in terms of minimizing risk, analyzing profitability, and
extending an enhanced level of customer service.
The functional benefits apart, the Boomi integration offers strategic interoperability between several legacy environments, thereby improving
agility across financial applications to prepare against acute business challenges.
Careers Contact Us

2. Firms can create more data-driven insights that enable moving with a paradigm shift and cultivate protection against risk in the niche financial
market. Speed, as well as flexibility, will serve as the vital ingredients of the iPaaS Boomi platform.
To sum it up, the Boomi platform offers a bundle of clear-cut advantages
Accomplish integration within a low cost and short timeline
Deploy critical processes at proximity with the customers
Adapt to changing business needs and market dynamics
Real-time insights with critical impact across the business
Single-instant and multi-tenant cloud-based architecture
Integrity and quality of data generated across enterprise
About Raybiztech
Raybiztech is a leading global Information Technology (IT) Services and Solutions, a CMMI Level 3, ISO 27001:2013 and ISO 9001:2008 Certified
Company. We are a Member of NASSCOM, HYSEA, NJTC, and AIIA. Raybiztech offers comprehensive end-to-end IT Services for Business
Application Development, Enterprise Solutions, Enterprise Collaboration Services, Testing and Quality Assurance Services, Cloud Computing and
IT Infrastructure Management to organizations in the Banking & Finance, Insurance, Healthcare, Manufacturing, Retail, Media & Entertainment,
Leisure & Travel, Telecom and Energy & Utilities verticals as well as Independent Software Vendors.
Direct WhatsApp Chat1
Direct WhatsApp Chat2
Request for Quote
Drop us a line and we'll get in touch with you as quick as we can
Enter Your Name*
Enter Your Phone Number*
Enter Your Email ID*
Enter Your Message
SUBMIT
Enterprise Portal & Content Management
SharePoint Portal
Kentico CMS
Sitecore WCMS
Sitefinity WCMS
Pimcore WCMS
Drupal CMS
Ektron CMS
Liferay Portal
Content Migration
Digital Signage

3. © 2019 Ray Business Technologies Pvt Ltd