AI-Powered BFSI Platforms: Engineer the Future of Finance
Stop patching legacy systems. Start building intelligent, secure, and compliant financial platforms.
We deliver AI-enabled core banking, insurance, and wealth management solutions that automate operations, delight customers, and bulletproof your compliance.
Why CIS is the Bedrock for Your Digital BFSI Transformation
In a world of constant regulatory change and disruptive fintech, you need more than a vendor. You need a strategic engineering partner who understands the stakes. We build BFSI platforms that are not just technologically advanced, but fundamentally secure, compliant, and built for decades of growth.
Ironclad Security
We build on a foundation of Zero Trust. With SOC 2, ISO 27001, and PCI DSS compliance, we embed security into every layer of your platform, protecting you and your customers from evolving threats.
Regulatory Mastery
Navigating the alphabet soup of regulations (KYC, AML, GDPR, CCPA) is our expertise. We engineer systems with compliance-by-design, ensuring your platform is audit-ready from day one.
AI-Native Intelligence
We go beyond basic automation. Our AI-enabled platforms deliver predictive analytics for risk, hyper-personalization for customers, and intelligent automation for back-office efficiency, giving you a true competitive edge.
Legacy Modernization
Trapped by monolithic core systems? Our proven methodologies for microservices architecture and API-first development allow you to modernize safely, incrementally, and without disrupting critical operations.
Deep Domain Expertise
Since 2003, we've lived and breathed financial technology. Our 1000+ in-house experts understand the nuances of core banking, insurance underwriting, and wealth management, translating your business needs into robust code.
Cloud-Native Agility
Leverage the full power of AWS, Azure, and GCP. We build scalable, resilient, and cost-efficient cloud-native platforms that allow you to innovate faster and respond to market changes in real-time.
Data-Driven Platforms
Transform data from a liability into your most valuable asset. We build unified data platforms, customer data platforms (CDPs), and advanced analytics solutions that unlock actionable insights for growth and risk management.
End-to-End Partnership
From initial architecture roadmapping to 24/7 managed support, we are your long-term partner. Our 95% client retention rate is a testament to our commitment to your success, not just project delivery.
Accelerated Time-to-Market
Our pre-built frameworks, accelerators, and mature CMMI Level 5 processes mean we don't start from scratch. We deliver robust, enterprise-grade solutions faster, giving you a critical speed advantage.
Our Comprehensive BFSI Platform Engineering Services
We provide a full spectrum of services to design, build, and manage the high-performance digital platforms that power modern financial institutions. Our offerings are tailored to address the unique challenges of security, compliance, and customer experience in the BFSI sector.
Core Banking & Financial Systems Modernization
We re-architect and rebuild mission-critical core systems to be agile, open, and future-proof. By migrating from monolithic legacy infrastructure to a microservices-based, API-first architecture, we unlock new capabilities, reduce operational costs, and enable rapid product innovation.
- Develop scalable core banking platforms (deposits, loans, payments) on cloud-native infrastructure.
- Implement real-time payment hubs and integrate with global payment networks (SWIFT, FedNow).
- Build robust treasury and capital markets platforms for trading, risk, and settlement.
Wealth & Asset Management Platforms (WealthTech)
We engineer sophisticated platforms that empower financial advisors and delight investors. Our solutions automate portfolio management, provide AI-driven insights, and deliver seamless digital experiences for a new generation of wealth.
- Create robo-advisory platforms with automated rebalancing and goal-based planning.
- Build comprehensive portfolio management systems with advanced analytics and reporting.
- Develop secure client portals and mobile apps for 24/7 account access and communication.
Lending & Loan Origination Systems (LOS)
We digitize and automate the entire lending lifecycle, from application to closing. Our AI-powered LOS platforms reduce manual effort, accelerate decision-making, and improve borrower experience while ensuring strict compliance.
- Design and build end-to-end digital mortgage, commercial, and consumer lending platforms.
- Integrate AI/ML for automated credit scoring, fraud detection, and underwriting.
- Ensure compliance with regulations like TILA, RESPA, and fair lending laws.
Omnichannel Digital Banking Solutions
We create unified and intuitive customer experiences across web, mobile, and branch channels. Our focus is on building secure, feature-rich digital banking platforms that increase engagement, drive self-service, and foster long-term loyalty.
- Develop secure and user-friendly mobile banking apps for iOS and Android.
- Build responsive online banking portals with personalized dashboards and financial management tools.
- Integrate AI-powered chatbots and virtual assistants for 24/7 customer support.
Customer Experience & Personalization Platforms
Move beyond one-size-fits-all interactions. We implement platforms that leverage data and AI to deliver hyper-personalized experiences, product recommendations, and proactive advice, significantly increasing customer lifetime value.
- Integrate Customer Data Platforms (CDP) to create a 360-degree view of the customer.
- Deploy AI/ML models for next-best-action recommendations and churn prediction.
- Automate customer journeys for onboarding, engagement, and retention campaigns.
Open Banking & API Integration Platforms
We help you securely connect to the broader fintech ecosystem. Our API management and integration platforms enable you to expose services to third-party developers, consume innovative fintech solutions, and create new revenue streams in the open banking economy.
- Design and build secure, scalable, and well-documented API gateways.
- Ensure compliance with open banking standards like PSD2 and FDX.
- Manage the full API lifecycle, from development and security to analytics and monetization.
Core Insurance Platforms (P&C, Life, Health)
We modernize core insurance operations with flexible, scalable platforms. Our solutions for policy administration, billing, and claims management reduce operational overhead, improve speed-to-market for new products, and enhance the agent and policyholder experience.
- Develop modular policy administration systems (PAS) that support diverse insurance products.
- Build automated billing and collections platforms with flexible payment options.
- Create intelligent claims processing systems with AI-powered damage assessment and fraud detection.
Digital Insurance & InsurTech Solutions
We empower insurers to compete in the digital age. From quote-to-bind portals to telematics-based UBI (Usage-Based Insurance) apps, we build the customer-facing solutions that drive acquisition, engagement, and retention.
- Build self-service portals for agents and policyholders to manage quotes, policies, and claims.
- Develop mobile apps with features like digital ID cards, accident reporting, and wellness tracking.
- Integrate IoT and telematics data for personalized pricing and risk prevention.
Underwriting & Risk Management Automation
We transform underwriting from a manual, paper-intensive process into a data-driven, automated function. Our platforms ingest vast amounts of data, apply AI/ML models, and provide underwriters with the tools to make faster, more accurate risk decisions.
- Create intelligent underwriting workbenches that aggregate data from multiple sources.
- Deploy machine learning models for risk classification, pricing optimization, and predictive modeling.
- Automate routine underwriting tasks to free up experts for complex cases.
Enterprise Data Platforms & Data Warehousing
We build the foundational data infrastructure required for advanced analytics and AI. Our solutions consolidate data from disparate silos into a secure, governed, and scalable enterprise data platform, creating a single source of truth for your organization.
- Implement modern cloud data warehouses and data lakes on platforms like Snowflake, BigQuery, and Redshift.
- Establish robust data governance frameworks for quality, privacy, and compliance.
- Build efficient ETL/ELT pipelines for real-time and batch data ingestion.
AI/ML & Predictive Analytics Solutions
We help you unlock the predictive power of your data. Our end-to-end MLOps capabilities allow us to build, deploy, and manage machine learning models at scale for use cases ranging from fraud detection to customer lifetime value prediction.
- Develop and deploy models for credit risk scoring, algorithmic trading, and anti-money laundering (AML).
- Create predictive models for customer churn, cross-sell/up-sell opportunities, and marketing ROI.
- Implement MLOps pipelines for continuous model training, monitoring, and governance.
Business Intelligence (BI) & Regulatory Reporting
We empower your business users with self-service analytics and automate complex regulatory reporting. Our BI solutions transform raw data into interactive dashboards and actionable insights, while ensuring timely and accurate compliance reporting.
- Build executive dashboards and operational reports using tools like Power BI, Tableau, and Looker.
- Automate the generation of regulatory reports (e.g., BASEL, Solvency, CCAR).
- Develop natural language query interfaces that allow users to ask questions of their data.
Regulatory Technology (RegTech) Platforms
We build dedicated platforms to automate and streamline compliance processes. Our RegTech solutions reduce the cost and complexity of meeting regulatory obligations, minimize risk, and provide a clear audit trail for regulators.
- Develop automated KYC (Know Your Customer) and AML (Anti-Money Laundering) transaction monitoring systems.
- Build platforms for regulatory change management and compliance workflow automation.
- Create centralized systems for trade surveillance and communications monitoring.
Cybersecurity & Zero Trust Architecture
We design and implement security architectures that assume no implicit trust. By verifying everything and providing least-privilege access, our Zero Trust approach protects your critical systems and data from both external and internal threats.
- Implement robust Identity and Access Management (IAM) and Multi-Factor Authentication (MFA).
- Deploy micro-segmentation to prevent lateral movement of threats within your network.
- Integrate advanced threat detection and response (SIEM/SOAR) platforms.
Financial Crime & Fraud Prevention Platforms
We leverage AI and machine learning to detect and prevent financial crime in real time. Our platforms analyze vast datasets to identify suspicious patterns, reduce false positives, and protect your institution from significant financial and reputational damage.
- Build real-time fraud detection engines for payments, account opening, and claims.
- Use network analytics and behavioral biometrics to identify sophisticated fraud rings.
- Develop integrated case management systems for efficient investigation and reporting.
Proven Success in High-Stakes BFSI Environments
We don't just talk about transformation; we deliver it. Explore how we've helped leading financial institutions modernize their core systems, enhance customer experience, and strengthen their compliance posture.
Core Banking Modernization for a Regional Bank
Banking"CIS didn't just replace our legacy core; they gave us a future-proof, agile platform. Their deep banking expertise was evident at every stage. We're now launching new products in weeks, not years. It's been a complete game-changer for our competitive position."
Client Overview
A well-established regional bank with over $15B in assets was struggling with a 30-year-old mainframe core system. This legacy platform was hindering their ability to launch digital products, integrate with fintech partners, and respond to changing customer expectations. It was costly to maintain, lacked modern security features, and created significant operational bottlenecks.
Key Challenges
- Inability to launch new products quickly.
- High operational and maintenance costs.
- Lack of real-time data for decision-making.
- Significant security and compliance risks.
Our Solution
CIS executed a phased, low-risk migration from the legacy mainframe to a cloud-native, microservices-based core banking platform on AWS. The solution was built around an API-first architecture, enabling seamless integration with third-party services.
- Implemented a modular system for deposits, lending, and payments.
- Built a real-time data pipeline to a cloud data warehouse for analytics.
- Developed a comprehensive API gateway for Open Banking initiatives.
- Ensured FFIEC compliance and integrated advanced cybersecurity controls.
Positive Outcomes
AI-Powered Underwriting Platform for a Specialty Insurer
Insurance"The AI underwriting platform from CIS has transformed our efficiency and risk assessment accuracy. Our underwriters are no longer data gatherers; they are true risk experts. The system's ability to flag hidden risks has been invaluable and directly improved our loss ratio."
Client Overview
A leading specialty insurer focused on complex commercial lines was facing increased competition and shrinking margins. Their underwriting process was highly manual, relying on spreadsheets and disparate data sources. This led to inconsistent risk assessment, long quote turnaround times, and missed opportunities.
Key Challenges
- Slow quote and binding process.
- Inconsistent application of underwriting guidelines.
- Difficulty in leveraging new, alternative data sources.
- High manual effort leading to operational inefficiency.
Our Solution
We developed an intelligent underwriting workbench that automated data ingestion and leveraged AI/ML to provide decision support. The platform integrated with dozens of external data sources (e.g., property data, business financials, satellite imagery) to create a holistic risk profile.
- Used NLP to extract key information from unstructured documents.
- Built predictive models for risk scoring and pricing recommendations.
- Created a rules engine to automate guideline checks and compliance.
- Designed an intuitive UI that presented all relevant data in a single view.
Positive Outcomes
Omnichannel Digital Banking Experience for a Credit Union
Credit Union"Our members expect a seamless digital experience, and CIS delivered exactly that. The new mobile app and online portal have seen incredible adoption rates. The 360-degree view has also empowered our service team to provide much more personalized and effective support."
Client Overview
A large, member-focused credit union was losing younger members to digital-first neobanks. Their existing online and mobile banking platforms were outdated, lacked key features, and provided a disjointed user experience. They needed a unified platform to improve member engagement and satisfaction.
Key Challenges
- Low mobile app adoption and poor ratings.
- Fragmented view of the member across different systems.
- Lack of personalized financial tools and advice.
- Inability to compete with the user experience of modern fintech apps.
Our Solution
We designed and built a new, unified omnichannel digital banking platform from the ground up. The solution included a new native mobile app (iOS/Android) and a responsive web portal, all powered by a central Customer Data Platform (CDP) that created a single view of each member.
- Implemented features like PFM tools, mobile check deposit, and card controls.
- Integrated an AI-powered chatbot for instant member support.
- Used the CDP to deliver personalized product offers and financial insights.
- Focused on a clean, intuitive UI/UX to drive adoption and ease of use.
Positive Outcomes
Our Blueprint for Building Bulletproof BFSI Platforms
We follow a rigorous, security-first methodology designed for the complexities of the financial services industry. Our approach ensures your platform is not only technologically excellent but also compliant, scalable, and delivered on time.
1. Architecture & Roadmapping
We begin by deeply understanding your business goals, regulatory landscape, and existing technology stack. We then co-create a strategic roadmap and a resilient, scalable architecture that aligns with your long-term vision.
2. Secure Foundation (DevSecOps)
Security is not an afterthought. We establish a DevSecOps pipeline from day one, integrating automated security testing, threat modeling, and compliance checks directly into the development lifecycle.
3. Agile Development Sprints
Following CMMI Level 5 agile practices, we build your platform in iterative sprints. This allows for continuous feedback, adaptability to changing requirements, and regular delivery of tangible business value.
4. Rigorous Quality & Pen-Testing
Our dedicated QA teams conduct comprehensive testing, including functional, performance, and security testing. We perform internal and third-party penetration tests to identify and remediate vulnerabilities before they can be exploited.
5. Compliance & Audit Readiness
We work alongside your compliance teams to ensure every feature and function meets regulatory requirements. We provide thorough documentation and support to ensure you are prepared for any internal or external audits.
6. Scalable Deployment & 24/7 Support
We manage the deployment to your cloud environment, ensuring a smooth transition. Post-launch, we offer flexible support and managed services plans, including 24/7 monitoring and incident response, to guarantee platform reliability and performance.
Technologies We Master for Enterprise-Grade BFSI Solutions
We leverage a curated stack of modern, scalable, and secure technologies to build high-performance financial platforms. Our expertise spans cloud infrastructure, data engineering, AI/ML, and enterprise application development.
What Our BFSI Clients Say About Us
Trust is earned, not given. Hear directly from financial leaders who have partnered with us to build their next-generation platforms.
"CIS is more than a development shop; they are true architects of financial systems. Their understanding of security and regulatory requirements is second to none. They delivered our new payments hub on time and it has performed flawlessly."
"The data analytics platform CIS built for us has unlocked incredible insights into our portfolio's risk exposure. Their data scientists are top-notch, and the platform has become an indispensable tool for our asset management team."
"We needed to launch a new digital insurance product in under six months. CIS's agile approach and pre-built accelerators made it possible. Their team integrated seamlessly with ours, and their commitment to quality was exceptional."
"Migrating our legacy policy administration system was a daunting project. The CIS team's meticulous planning and execution ensured a smooth transition with zero downtime. Their post-launch support has been fantastic."
"The AI-powered AML system CIS developed has drastically reduced our false positives and allowed our compliance team to focus on genuinely suspicious activity. It's made our compliance program more effective and efficient."
"The mobile app for our wealth management clients is beautiful and intuitive. CIS's UI/UX team truly understood our brand and the expectations of our high-net-worth clientele. Engagement has skyrocketed since the launch."
Serving the Entire Financial Services Ecosystem
Our expertise is not limited to one corner of the financial world. We build tailored platforms for a diverse range of institutions, each with its own unique set of challenges and opportunities.
Retail & Commercial Banking
Insurance (P&C, Life, Health)
Wealth & Asset Management
Capital Markets & Investment Banking
Credit Unions
FinTech & InsurTech Startups
Payments & Lending
Regulatory & Compliance Tech
Meet Our BFSI Technology Leaders
Our team is comprised of seasoned architects, engineers, and domain experts who have spent their careers solving the toughest challenges in financial technology. They combine deep industry knowledge with elite technical skill.
Amit A., Ph.D.
Founder & COO - Expert in Enterprise Technology Solutions, specializing in scalable, secure architectures for core financial systems.
Dr. Bjorn H., Ph.D.
V.P. - FinTech, DeFi, Neuromarketing. A visionary in applying emerging technologies to solve complex financial challenges.
Girish S.
Delivery Manager - Microsoft Certified Solutions Architect with extensive experience in deploying mission-critical Azure infrastructure for BFSI clients.
Vishal N.
Manager, Senior Data Scientist (AI/ML) - Expert in developing predictive models for fraud detection, risk scoring, and customer analytics in finance.
Flexible Engagement Models for Your Needs
We offer a range of engagement models to provide the flexibility, control, and value your organization requires. Whether you need to augment your team or outsource a full project, we have a model that fits.
Dedicated Development Team
An integrated, long-term extension of your in-house team. We provide a dedicated pod of cross-functional experts (developers, QAs, DevOps, PMs) who work exclusively on your projects, ensuring deep domain knowledge and maximum alignment.
- Ideal for long-term projects and complex platform development.
- Full control over team structure and priorities.
- Seamless integration with your existing workflows and tools.
Fixed-Price, Scope-Based Projects
For projects with well-defined requirements and a clear scope, we offer a fixed-price model. This provides cost predictability and guarantees delivery of specific outcomes, minimizing your financial risk.
- Best for MVPs, specific module development, or migrations.
- Clear deliverables, timelines, and budget defined upfront.
- CIS manages the project end-to-end to ensure on-time delivery.
AI-Enabled Staff Augmentation
Quickly fill skill gaps in your team with our vetted, AI-enabled BFSI experts. We provide individual professionals or small teams with specific expertise (e.g., Cloud Security, Data Science, Core Banking) to work under your direct management.
- Rapidly scale your team's capacity and capabilities.
- Access specialized skills without the overhead of hiring.
- Flexible contracts to match your project's duration.
The CIS Advantage
See how partnering with a specialized, security-first engineering firm like CIS compares to other common approaches for building BFSI platforms.
| Attribute | Generalist IT Vendor | Offshore Body Shop | CIS (Strategic Partner) |
|---|---|---|---|
| BFSI Domain Expertise | Limited / Horizontal | Variable / Project-based | Deep, In-house Expertise |
| Security & Compliance Focus | Standard Practice | Client-directed | Security-First, Compliance-by-Design |
| AI & Data Science Capability | Basic Automation | Resource-dependent | Enterprise AI/ML & MLOps |
| Process Maturity | Varies | Often Ad-hoc | CMMI Level 5, ISO 27001, SOC 2 |
| Team Model | Contractors / Subcontractors | Freelancers / High Turnover | 100% In-house, Vetted Experts |
| Accountability | Project-level | Resource-level | Outcome-level Partnership |
| Long-term Value | Tactical Implementation | Cost Arbitrage | Strategic Transformation & ROI |
Frequently Asked Questions
Clear answers to common questions about building and modernizing enterprise BFSI platforms with CIS.
Security is our top priority. Our approach is multi-layered:
1. Compliance: We are SOC 2, ISO 27001, and PCI DSS compliant, embedding these rigorous standards into our processes.
2. DevSecOps: We integrate security into every stage of the development lifecycle, using automated tools for static/dynamic code analysis, vulnerability scanning, and dependency checking.
3. Architecture: We design with a Zero Trust mindset, implementing principles like least-privilege access, micro-segmentation, and robust IAM.
4. Testing: We conduct continuous internal and third-party penetration testing to proactively identify and remediate vulnerabilities.
5. Talent: Our engineers are trained in secure coding practices specific to the financial industry.
Absolutely. We specialize in legacy system modernization. We rarely recommend a "big bang" replacement. Instead, we employ a strategic, phased approach like the Strangler Fig pattern. We identify critical functionalities, encapsulate them in new microservices, and build secure APIs to connect them to your existing core. This allows you to incrementally modernize, reduce risk, and start realizing benefits much faster without disrupting your current operations.
We have extensive, hands-on experience building platforms that meet stringent global regulations. Our business analysts and architects are well-versed in the technical requirements of KYC, AML (transaction monitoring), GDPR, CCPA, PSD2, and more. We build compliance-by-design, meaning features like data encryption, consent management, data residency controls, and audit trails are integral parts of the architecture, not bolt-ons.
We believe in radical transparency. You will have a dedicated Project Manager as your single point of contact. We use agile methodologies with regular sprint planning, daily stand-ups, and sprint reviews to which you are always invited. You'll have full visibility into progress via tools like Jira and Confluence. We adapt to your preferred communication channels, whether it's Slack, MS Teams, or regular video conferences, ensuring you are always informed.
Our key differentiator is our focus on 'Responsible AI' and MLOps within a regulated environment. It's not just about building an accurate model; it's about building a model that is fair, explainable, and governable. We build robust MLOps pipelines to manage the entire model lifecycle, from data ingestion and training to deployment, monitoring for drift, and providing the necessary documentation for regulatory scrutiny. We focus on practical applications like fraud detection, credit scoring, and personalization that deliver measurable ROI.
Starting is simple. It begins with a free, no-obligation consultation where we listen to your challenges and goals. If there's a mutual fit, we typically proceed to a paid discovery and architecture design phase. In this phase, our senior architects work with your stakeholders to define the scope, create a technical blueprint, and provide a detailed project plan with clear timelines and cost estimates. This ensures we are perfectly aligned before any major development work begins.
Ready to Build Your Future-Ready Financial Platform?
Let's talk about how we can help you accelerate innovation, ensure compliance, and gain a competitive edge. Schedule a complimentary consultation with our BFSI solutions architects today.
Our Accreditations and Global Recognition
Global Delivery, Local Presence
With a primary delivery center in India and offices across the USA, EMEA, and Australia, we offer a blended shore model that provides the perfect balance of cost-efficiency, quality, and local market understanding. Our 1000+ experts serve clients in over 100 countries.
- USA: New York, San Jose, Atlanta, Chicago
- UK: London
- Australia: Sydney
- UAE: Dubai
- Canada: Toronto
- Singapore
- India: Indore (HQ)