EC Manage Banking Group provides IT-based solutions and services to the US banking industry and their partners worldwide.
The group effectively addresses operational issues facing customers in the banking and financial services industry. It proactively develops next generation solutions that help customers in leapfrogging the competition. It leverages EC Manage-wide resources to enable business growth and profitability for customers.
The group has developed an in-depth understanding of the various segments that make up the banking industry and has delivered innovative solutions to a diverse set of businesses. It works closely with customers to develop comprehensive solutions that address their business needs while ensuring compliance to stringent regulatory requirements.
 Across the Globe, the group provides services to various:
Private Banks / Wealth Management Institutions
Savings Banks / Savings and Loan Associations
Commercial Banks [National & State]
Universal Banks and International Trade Financiers
Credit Unions - Federally Chartered & not Chartered
Mortgage Bankers, Real Estate Credit
Institutions
Credit Cards Companies
Special Lending Institutions, Consumer Lending Companies
Development Financial Institutions
ACH / Settlement Bankers
Central Bank
Credit Bureaus
EC Manage Banking Group has the expertise to architect solutions, develop and deploy products, construct customized applications and provide maintenance support and consulting services. The group also has wide experience in re-engineering software products, system software, and in providing 24x7 technical call center support.
The challenges that confront institutions in the banking and financial services industry today are formidable. These challenges include:
Offering more to the customer base
Banks strive to constantly offer more to the existing customer base. To achieve this, they emphasize on more targeted technology investments and high-quality service.
Leveraging Human Capital to Increase Profitability
Financial institutions have to constantly adopt advanced analytical methods to monitor and measure the performance of their personnel to improve results.
Offshoring
The significant cost advantages provided by India and USA are pushing institutions in the banking and financial industry to look to these locations for moving operations. Although the move involves complexities, the benefits are bound to be substantial.
Corporate Governance
The need to move towards stronger corporate governance is accelerating across the globe, with the passing of the Sarbanes-Oxley Act in the United States. Banks need to seize this opportunity to strengthen their internal controls and enhance their disclosures to investors.
Implementing IAS 39 (Fair Value accounting)
Banks in Europe and many other parts of the world will need to adopt International Financial Reporting Standards in the coming year. The impacts will be widespread, affecting information systems, credit assessment, and business operations.
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