Financial services digital transformation is essential for success

Financial institutions are challenged by maintaining rigorous regulation and stringent security requirements while remaining agile in responding to market changes. High inflation, fluctuating interest rates, and potential recessions create a volatile economic environment. Customers now expect a personalized, round-the-clock service, which requires you to enhance your digital capabilities and customer service offerings.  

 

We meet these challenges head on with tailored strategies to address the unique needs of many of the top bankers, securities advisors, retirement fund managers, asset managers, and treasury management groups. 

What you can achieve working with Alithya's financial services industry consultants

For financial services organizations, advanced technology can improve customer interactions, providing personalized and seamless experiences. Alithya’s proven business outcomes help financial institutions stay competitive, compliant, and customer focused.

Time and cost efficiency

Automation and process optimization reduce manual tasks, streamline operations, and lower costs.

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Regulatory compliance

Advanced IT systems help ensure compliance with industry regulations, reducing the risk of penalties and enhancing trust. 

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Data-driven decision making

Leveraging big data and analytics enables better decision-making, helping financial institutions to identify trends, mitigate risks, and seize opportunities. 

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Secured data and operations

Strengthening cybersecurity measures protects sensitive data and maintains customer trust, which is crucial in the financial sector.

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Innovation and agility

Modern IT infrastructure supports innovation and allows financial institutions to quickly adapt to market changes and new opportunities.

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Revenue growth

By improving efficiency, customer satisfaction, and innovation, Alithya’s solutions can drive revenue growth and competitive advantage.

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Addressing the financial services industry’s top challenges

Financial institutions today face a myriad of challenges that can impact their operations and growth, which can be solved by advanced technology from Alithya’s experts. 

New laws that govern the financial services industry can cause significant strain on daily operations if unprepared. A flexible system and ongoing awareness of policy changes are paramount to staying compliant in today’s rapidly changing environment. 

With the rise in cyberattacks, financial institutions must invest heavily in cybersecurity measures to protect sensitive data and maintain customer trust. From robust testing tools to expert insights, we have you covered.

FinTech startups are disrupting the financial services industry by offering innovative and customer-centric solutions, forcing traditional institutions to adapt and innovate. Hyperpersonalization, enabled by AI and advanced analytics, is crucial to prevent losing market share as Fintech 2.0 gains momentum with today’s consumers. A modern CRM platform offers this and much more to facilitate seamless execution of personalized communications and effective marketing campaigns.  

Managing costs while improving operational efficiency is a constant challenge, especially with the need to upgrade legacy systems and processes. Evolve the way you do business by embracing ERP modernization and integration techniques. The enterprise systems we implement arm financial services organizations with advanced AI and automation capabilities to work more effectively. 

By automating manual, routine tasks, banks can help bridge the resource gap and reduce administrative costs. Address HR pain points like recruiting, payroll, compensation, and performance management with our Human Capital Management (HCM) consulting services. Plus, support your digital transformation with our change management and digital adoption services to upskill your staff and enable them to grow with you as business needs evolve. 

Modern financial services solutions for a data-driven future

In many cases, Alithya’s consultants are hired from the financial industry, giving them a unique ability to offer real-world expertise.  

Alithya for insurance

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Insurance companies benefit from Alithya's IT services to efficiently manage agent channels, reduce administrative burdens, and focus on service excellence. The seamless integration of data processing technologies ensures optimal technical solutions.  

 

For many top insurance companies, Alithya has helped the IT, Claims, Underwriting, Human Capital, Marketing, Sales, and Finance departments in delivering business outcomes that make a difference: 

 

  • Upskill employees and combat talent shortages
  • Manage risk and improve operational excellence
  • Digitally transform core legacy systems
  • Optimize the client experience 

Alithya for banking and financial institutions

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treasury group meeting discussing compliance reporting

Alithya’s financial IT solutions have improved operational excellence at some of the world's largest banking and financial institutions.

 

Alithya has helped the IT, risk management, operations, finance, human capital, marketing, sales, education, and training departments in delivering business outcomes that make a difference:

 

  • Modernize core banking systems
  • Enhance the customer experience
  • Manage risk and protect against cyber crime
  • Introduce new products and services
  • Improve decision-making with AI-surfaced insights 

Alithya for capital markets and wealth management

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Alithya’s financial IT solutions have improved operational excellence at some of the world's largest capital market and wealth management organizations.

 

Alithya has helped the IT, trade surveillance and compliance, operations, finance, human capital, marketing, sales, education, and training departments deliver business outcomes that make a difference:

 

  • Enhance customer experience
  • Improve trade operations with AI-powered monitoring and forecasting
  • Ensure organizational compliance with local securities regulation  
  • Introduce new products and services
  • Deliver and validate integrated systems
  • Modernize applications 

Technology purpose-made for the financial sector

Enterprise solution partners

Microsoft

In addition to Dynamics ERP and CRM, Alithya also uses Power Apps and Azure to provide financial services companies with modern tools to address sector challenges. 

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Partner Microsoft

Oracle

Our EPM experience is unrivaled. Our proprietary solutions like Bank Margin Planning give decision-makers better insights to improve profitability and ease compliance. 

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Partner Oracle

AWS

Versatile, scalable cloud architecture gives financial services firms a path towards modernization while powerful analytics and visualizations solutions enable better data-driven decisions.  

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Partner AWS

Vitech

Enhance offerings, streamline operations, gain insights, and transform engagement with Vitech's cloud-native software benefit and investment administration software. 

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Partner Vitech

Alithya accelerators and products for financial services firms

Automate trade operations

Alithya’s proprietary AI-powered tool enables comprehensive monitoring of all exchange-traded derivatives to ensure regulatory compliance and mitigate reputational risks. It automates low-yield tasks, prioritizes compliance alerts, and allows the compliance team to focus more on trade conduct analysis. 

Alithya AI-FI trade surveillance

Intelligent document processing

Alithya Rapid Suite automates manual processes using AI and machine learning to transform unstructured content into structured data, improving accuracy and business performance. Rapid Suite enhances document capture capabilities, efficiently extracting key information to reduce costs and errors while leveraging existing content service platforms. 

Alithya Rapid Suite

Streamline agency management

Insurance brokers can automate compliance motions, quickly onboard agents, and effectively manage risk with Alithya’s power apps. Ensure your insurance agency is meeting its performance and profitability goals while adhering to regulations. 

Alithya 365 Power Apps

Speed up financial forecasting

Our bank margin planning solution improves financial plan accuracy by forecasting deposits and loans and evaluating market impacts. It enhances planning, performance analysis, productivity, and transparency with comprehensive reporting and metrics. 

Alithya Bank Margin Planning

Modernize technology to reach your goals

 

Elevate your operations and customer service with the latest hyperautomation and robotic process automation solutions. Engage a technology and industry partner that understands your reality and can plot a path to your desired future state with concrete steps to achieve business value.

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