Agile and secure digital transformation in financial industry through digital financial platform
AI-based financial services are expanding the scope of regulation compliance and risk management in customer consulting, work analytics and automation for less complicated work. Various data recognition and analytics will result in suggestion for customized products and the most optimal consumption patterns. To replace operators, these AI-based services can quickly provide the best answers for the customers and automate complicated work that used to be done manually in order to enhance work productivity.
Thanks to Samsung SDS world’s first blockchain technology for B2B, financial security will be realized while preventing counterfeit and falsification. Also, convenient and expandable financial services such as auto-imposition of insurance premium and integrated point services are now available based on the blockchain network scheme.
As regulations on financial institutions are improved, there have been more cases of cloud conversion among financial institutions in various forms. Thanks to Samsung SDS financial cloud, those financial firms can enjoy some benefits including cost reduction in IT, flexible use of resources and agile businesses. In the cloud environment, users can experience new technologies to introduce in more convenient manners.
"Evolution of financial experience starting from connection", Special contribution to financial IT trends 2019.05, Digital Financial Consulting Team, Samsung SDS
"Measures to Apply Homomorphic Encryption for Expansion and Combination of Financial Data", Special Contribution to Financial IT Trends 2019.03, Digital Financial Consulting Team, Samsung SDS
It is now able to carry out evaluations for large-scale evaluations related to export/import in convenient, fast and accurate manners.
It is now able to provide the insurance service that can immediately respond to customers’ requests with necessary materials in order to enhance the work efficiency for insurance salespersons and their collaboration
Thanks to Nexledger, it is now able to introduce the loan platform that simplifies customers’ loan processes and complicated corporate processes to check out the loan applications and enhances the accuracy in transactions and service ledgers.
Samsung SDS proudly transferred and implemented the data center of this financial service provider, offering efficient control over the vast amount of data, full-fledged business centralization and real-time communication as well as integrated infrastructure operation/management.
in 2021 Magic Quadrant for Industrial IoT Platforms, Gartner
in The Forrester Wave™: Industrial IoT Software Platforms, Q3 2021, Forrester
in Brand Finance IT Services 25, 2020, Brand Finance
Nexfinance is an integrated platform for technology and service required for financial companies to achieve their digital strategy. Nexfinance runs on new technologies including blockchain, AI, IoT, so setting a strategy using digital technology gets easier and faster.
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The cloud service optimized for innovation in digital financial services perfectly meets all criteria of the CSP stability assessment from the Financial Security Institute.
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- In a report called The Forrester Wave™: Industrial Internet-of-Things Software Platforms, Q3 2021, Forrester identified the 8 most significant IIoT software platform providers after a thorough evaluation of each vendor across 35 criteria grouped into three categories: current offering, strategy, and market presence. Samsung SDS has been named a contender for its Brightics IoT platform.
- The Forrester Wave report states: "The platform supports key industrial IoT software platform functions, including a broad set of wide-area (e.g., 3G, 4G/LTE, and 5G) and short-range wireless (e.g., BLE, Wi-Fi, and Zigbee) connectivity options that are among the most comprehensive in this Forrester Wave."
- The Forrester report also notes: "The Brightics IoT platform is particularly relevant in key industry segments such as manufacturing, construction, building, and logistics."