Financials & Insurance

Financial sector is one of the fastest growing sectors Stenora Business. With the emerging trends in the business environment, IT plays a key role in helping organizations gain competitive advantage.
 
Stenora provides customized solutions that are needed to offer your clients unique value propositions. Stenora has helped myriads of financial institutions across the world create higher value, better margins and effectively manage their need-for-speed. In today's changing world, speed and security are two aspects that outline the basic premise of the financial services market. This need for speed coupled with escalating market data volumes across all asset classes has forced the market players to re-look at their IT and Business Process strategies.
 
Stenora anticipates changes, creates strategies and uses technology solutions to reinvent your business. By making operations and processes more efficient and reengineering customer response techniques, we help you to build and sustain competitive advantage.
 
A key highlight in the Stenora offering is the integrated technology, operations and infrastructure services in the financial-services space. With the ability to keep pace with the changing market, Stenora brings in opportunities for quantum advantage with its domain expertise.
 
Stenora offers truly 360 degree services to its customers — from the very high end domain consulting to application development, support and maintenance services, to remote infrastructure management services, business process outsourcing leveraging the organization's extensive technology service. Stenora with its Blue Ocean Strategy in this vertical has invested significantly to address the business and market challenges faced by the financial-services industry.

Stenora is delivering IT infrastructure services to global insurers to reduce cost, improve IT efficiency, increase revenues and industrialize operations. Moreover, we help our insurance clients to focus on meeting the challenges of the market and growing their business by:
 

• Implementing cost effective and timely responses to regulatory change. For instance, we delivered cost savings to many of leading insurance services providers.
• Improving productivity and speed-to-market.
• Delivering guaranteed results through commercial innovation, including outsourcing and co-sourcing model.
• Flexibility in sourcing, delivery, pricing and the ability to customize IT needs to fit in your business environment.
• Optimizing resources to deliver work through right-sourcing strategies.
• Achieving transformation: Our track record includes cases wherein customers have transformed the way their IT environment runs.

The insurance practice in Stenora is built on strong domain competencies spanning across the insurance ecosystem, catering to the IT and operational needs of leading insurance companies. Using a value-based multi-services approach and deep domain expertise in focused verticals, Stenora helps leading global insurance firms manage risk, comply with regulations, enhance product features, and manage transformational challenges while driving efficiency and improving service levels.