Proud to be an SAP Open Ecosystem Partner careers@digitalcloudinc.com

BANKING & FINANCIAL SERVICES

Overview

Digital Cloud helps banking, capital markets, and cards & payments companies evolve to digital enterprises through innovative solutions that improve business performance, reduce compliance risk and enable them to stay competitive in the new economy.

Key Offering

Banking

Cards & Payments

Capital Markets

Banking

We enables banks to modernize core banking processes and enable digital channels to engage with millennial customers.

 

Lending

Streamline and optimize your core business processes, reach customers more effectively through digital channels, reduce cycle time and minimize delinquency rates with effective technology solutions for

 

  • Commercial and Small Business
  • Auto Finance
  • Mortgages

Transactional Banking

Transaction processing environments are data intensive and must deliver high performance to keep your business operating at peak efficiency. Digital Cloud’s solutions deliver greater reliability, faster turnaround time, and a better way to reduce cost of ownership and meet changing demand with our flexible global delivery model.

 

 

Treasury

Seamlessly combine your front, middle, and back-office banking operations with Digital Cloud’s open architecture approach. We help you select and implement the optimal technology platform to reduce cost of ownership and optimize your return on investment by leveraging your existing skills, investments, and vendor partnerships.

 

Omnichannel Banking

Give your customers the freedom to manage their finances anytime, anywhere with secure, seamless, scalable technology platforms that integrate and coordinate your services and campaigns across offline, web, mobile and social media channels.

 

Digital Payments

Streamline your payment processes and incorporate the latest digital technologies like Mobile Wallet, tokenization, Bluetooth Low Energy and Near Field Communication payments. Digital Cloud also delivers increased operational efficiency, lower maintenance costs and reduced risk for electronic fund transfers, automated clearing house direct debits and wire transfers.

 

 

Medical Banking

Digital Cloud’s Medical Banking solutions link insurers and payees for faster, more secure management of claims, payments, and denials. Our solutions leverage automated workflows and a fully digitized process to enable healthcare organizations to improve reporting, reduce outstanding payments and settle claims quickly.

 

Retail Banking Knowledge Process Services

Digital Cloud’s flexible, scalable Retail Banking Knowledge Process Services help you stay competitive and adapt to a dynamic marketplace, with solutions for:

 

  • New client acquisition
  • Account servicing
  • Lending service operations
  • Remittance processing
  • Cards and payments

Cards & Payments

Be a part of the Digital Payments revolution with our digital enablement, integration and analytics solutions.

 

Overview

Manage the entire payments value chain and manage millions of secure transactions with software solutions and services tailored to your business. Digital Cloud is a specialized in cards and payments, with services spanning strategy development, technical consulting, data-driven analysis and business process optimization.

 

Our high value solutions are driven by an end-to-end understanding of the payments life-cycle, and were developed to comply with the latest payment standards and regulations.

 

Payment processing

Managing daily $ multi-billion transaction volumes

Merchant Solutions

Onboarding, setup, training, and point-of-sale (POS) management

Mobile and Contactless Payments

Cross platform development, testing and integration

Social Media Integration

Automated monitoring and a reusable integration framework

Capital Markets

Improve speed, accuracy and efficiency through automation powered IT and Business Operations. Transform your business to drive higher performance with Digital Cloud’s Capital Markets solutions.

 

Achieve Sustainable Growth and Enhance Client Centricity

The financial services industry, specifically capital markets, has become more competitive and complex than ever before. Compliance regulations are more stringent while cost pressures have intensified. You need speed and accuracy in a real-time environment to outpace your competitors. Digital Cloud partners with global investment banks, wealth and asset managers, hedge funds, sell-side brokers, clearing houses, leading exchanges, and rating agencies to help them cost effectively streamline operations, improve agility and drive innovation.

 

Asset Administration

 

Asset administration is critical for investment management firms. Administrators are increasingly challenged to provide additional middle office functions, including performance reporting and attribution analysis, risk monitoring & compliance reporting.

 

Today, asset administrators must:

 

  • Meet compliance and regulatory requirements
  • Support alternative investment needs including complex fund structures, credit derivatives and real estate
  • Contend with portfolio acquisitions and mergers
  • Provide flexible reporting

At Digital Cloud, we work with clients and product companies to create solutions that meet their unique business needs.

 

Our suite of asset administration tools enables you to:

 

  • Analyze your IT applications and create a legacy modernization road map for your organization
  • Transform your legacy applications and build a flexible and responsive IT infrastructure with business process re-engineering and Service-Oriented Architecture
  • Respond swiftly to workflow interruptions and implement straight through processing
  • Manage shared client information and performance metrics with enterprise-wide data architecture
  • Increase operational efficiency with dynamic desktops and enhanced enterprise reporting
  • Reduce operational costs by outsourcing fund accounting, fund administration and investor services processes.

Improving Efficiency of Clearing and Settlement Operations

 

Competition and new regulations are putting pressure on the back-office clearing and settlement operations. Global connectivity, complex segregation models, margin methodologies and trade-reporting requirements require higher-performance, straight through processing systems to keep up with business demands. Transforming legacy post-trade systems can help capital markets firms better serve all their constituencies, both inside and outside the organization.

Leading Global Provider of Trade Life-cycle Management Solutions

Digital Cloud helps firms organize and manage an integrated program to deliver real, sustainable value for trade processes. Our post-trade, clearing and settlement experience includes projects ranging from process-quality consulting for the investment management arm of the bank, to applications development and QA support for post-trade, affirm-and-confirm workflow messaging and standing settlement instructions.

Product Control for Capital Markets

Capital markets firms need to transform their product control applications environment, creating a golden source of all data in a common services layer to enhance operating efficiency, reduce errors and speed regulatory reporting. An applications portfolio assessment can help.

 

Product control is a mid- to-back-office function that needs reliable data from front-office operations and sub-ledgers to generate and substantiate P&L numbers. Creating a golden source of all data in a common services layer enhances operating efficiency, reducing errors and speeding regulatory reporting. Legacy applications make it difficult to free this data, and new regulations related to price verification require a new infrastructure to verify internal pricing used in processing P&L statements.

 

 

Data and Applications Management for Product Control & Pricing

Digital Cloud has extensive experience developing common interfaces for aggregating data from applications supporting trades; investment positions, risk, and valuations; and market and reference data across multiple asset classes. Our professionals are involved in all aspects of product control, including accounting, front office/back office reconciliations (FOBO) and price testing. We are experts in applications management—including portfolio rationalization—and in price verification regulations.

Our Product Control Experience & Expertise

Digital Cloud has extensive experience across product control business processes – P&L flashing, reconciliations, P&L production, P&L explain and reviews, trade activity review, price testing, commentary, trial balance and balance sheet generation. We have created specific accelerators for data consolidation and standardization that speed implementation of data interfaces and processing across various product control applications. In application rationalization, accelerators are used to identify redundancies and gaps and to apply implementation experience for key price testing regulations.

Cash & Liquidity Management

Cash & Liquidity Management

 

Bank treasurers today can influence and drive corporate strategy with the information they process in managing treasury operations. Big data and analytics technologies are at the fore-front, enabling treasurers to implement and manage their cash strategy to meet business objectives.

 

 

Timely Insights for More Informed Decisions

 

Bank treasurers need greater visibility to, and control of, the cash and liquid assets that sustain business operations. Effective cash management is achieved through operational cost efficiency, improved productivity, pricing transparency and cost-of-funds optimization. Digital transformations of legacy systems to enable straight-through processing and the application of Big Data and analytics technologies are needed to provide treasurers with timely insights for making informed business decisions.

 

 

 

Digital Solutions for Treasury Operations Management

 

Digital Cloud solutions include customer on-boarding, lockbox management, cash forecasting, positive pay, account reconciliation, receivables management, regulatory compliance and reporting.

 

 

Our offerings:

 

  • Multi-channel Service Applications – Upgrade cash management channels in multi-currency, multi-payment operations
  • Technology Innovation Centers – Focused at Cash & Liquidity transformation programs for contemporary banking
  • Cash Management Services – Comprehensive business and IT services for efficient operations

Mobile Payments

Mobile Payments

 

Mobile and electronic payments are quickly gaining ground among both developed and emerging markets. Among developed countries, a well-established banking structure, high computer literacy and internet penetration combine to support e-payments growth. In emerging countries, the proliferation of mobile devices means m-payments are being adopted as an alternative to traditional banking services.

 

 

Digital Cloud can help your bank plan and execute the right strategy. By combining consulting and technology experience with our domain expertise in payments and telecommunications, Digital Cloud can bring together the skills you need to chart a path forward. Our solutions include:

 

  • Consulting for mobile and telecommunications. Explore how Digital Cloud performed a business feasibility assessment and study of a regional mobile banking solution for a leading European bank and mobile operator
  • Mobile strategy definition
  • Business case design
  • Platform selection
  • Implementation and roll-out

 

Expertise where it counts

 

Digital Cloud has supported multiple initiatives including:

 

  • Mobile payments potential for a consortium of three banks
  • Operating model design for a mobile money operator
  • Strategy and design of a national wallet for the national banking pool
  • Secure cloud for an industry utility

Project Implementation

Project Implementation

 

 

The skills you need to successfully execute your payments vision.

 

 

When implemented successfully, your payments strategy can bring tremendous value to your bank. But operational challenges can often prevent you from realizing the expected revenue and/or cost efficiencies. Digital Cloud can help bridge the gap between plan and performance by providing end-to-end technology delivery services.

 

 

  • Application development using best practices for technologies such as Scrum or SOA
  • Platform configuration and roll-out
  • End-to-end testing services for payments systems implementation which can be delivered independent from development services
  • Migration and system integration to support payments platform consolidation

Digital Cloud [DIGITAL CLOUD] is an Information Technology Services and Consulting Company. As the world is marching towards digital transformation and the clients business needs becoming more challenging, we are at the forefront to help clients meet their business goals. Adapting Latest in-demand trending technologies such as SAP ERP, SAP S/4 HANA, SAP Cloud Platform, Cloud Solutions, Artificial Intelligence, Machine Learning, Automation etc are need of the day for clients to succeed in today’s digital world.