News!: Opus Technologies Launches FinGeniusAI Solutions – An Open Innovation Platform for Building Future-Ready Solutions.. Know More
News!: Opus Technologies Launches FinGeniusAI Solutions – An Open Innovation Platform for Building Future-Ready Solutions.. Know More

Managed Services

Delivering Cost Optimization with FinTech Managed Services

With extensive experience in application management and maintenance - Opus helps banks and financial institutions develop modern and secure systems while reducing costs. Opus enables its clients to shift focus toward strategic initiatives and reallocate resources to leverage their core competency.

Key Challenges Faced by Banks, Digital Payment Enablers with Managed Services

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Increased cost of maintenance due to outdated technologies and supporting infrastructure

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Persistent conflict between mission-critical legacy applications and changing business priorities

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Cumbersome compliance with the latest regulations due to obsolete technologies

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Absence of necessary tools to measure productivity and determine resource allocation

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Isolated knowledge, poor documentation and scarce resource pool

Improving Efficiency, Compliance with End-to-End FinTech Managed Services

As businesses evolve in the fast-paced global competitive landscape managing people, assets, and technology is increasingly becoming critical and complex. With an extensive pool of highly experienced professionals in product development, INC support, L3 support, and modern technologies, Opus delivers efficiency and ease of compliance through its managed services. Opus takes over risks and overheads of managing scope, schedule, and resources for the management of financial services to free up bandwidth for value-generating business activities. Owing to a wealth of experience in the payments industry, Opus delivers value right from the transition stage, and continues performance and resource optimization through the product lifecycle.

Our Managed Services Include

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Gated knowledge transition and takeover process through a core team of experienced professionals

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Optimizing maintenance and development for legacy applications, while managing scope, schedule and resources

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Propelling business success with single-point-of ownership, metrics-based reporting and quick alignment based on market needs

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Managing change, release, and incidents throughout the transition and process

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Allocating dedicated teams for product development, INC support, L2 and L3 support, and flexy capacity for handling peaks

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Ensuring continuous improvement with metrics-based reporting and robust governance and escalation model

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Enabling managed services across multiple business functions, such as digital banking, credit and lending, card management, core banking, and remittance

Opus Ensures Hassle-Free Application Transition and Knowledge Transfer

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Facilitate focus and bandwidth for strategic initiatives and client deliveries

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Allows the client to focus on strategic initiatives, while offering greater control on deliveries through Opus

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Eliminate resource and finance management overheads while optimizing the allocation and improving productivity

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Align products with continuously evolving business needs

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Provides SLA and metrics-based reporting for clear insight into the operations

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Reduces ownership, alignment, and management, with YOY run efficiency

Recommended Resources To Explore

Frequently asked questions

A third-party services solution in which a business transfers control and management of financial applications to an experienced partner for improving efficiency and productivity. Managed IT services in finance include technology stack, people, asset, and cost management.

Integrating digital financial solutions with the core business offering has become critical with the new-age digital payments solutions. FinTech management is a process function for ensuring compliance, security, efficiency, and managing people and technology across this non-core business vertical.

While removing redundancies and errors from the legacy accounting system technology has helped in integrating financial management with other business processes for a smooth customer journey. However, as this falls out of the core business functions, many enterprises partner with an experienced FinTech-managed services provider.

FinTech has helped in streamlining and managing finance functions. In addition, it has enabled better security, complaint, and interoperability among disparate business processes.