{"id":21446,"date":"2022-05-26T08:03:14","date_gmt":"2022-05-26T06:03:14","guid":{"rendered":"https:\/\/stage-fp.webenv.pl\/blog\/?p=21446"},"modified":"2025-10-24T11:44:44","modified_gmt":"2025-10-24T09:44:44","slug":"banks-and-financial-intermediaries-put-digitalisation-into-practice-with-software-solutions","status":"publish","type":"post","link":"https:\/\/www.future-processing.com\/blog\/banks-and-financial-intermediaries-put-digitalisation-into-practice-with-software-solutions\/","title":{"rendered":"How do banks and financial intermediaries put their digitalisation strategy into practice with software solutions?"},"content":{"rendered":"\n

Banking, insurance, investment, and wealth management spaces are all being reshaped<\/strong> (or even redefined) by the latest technologies and innovative disruptions, displacing traditional business models and processes. Everything has to be more digital, more online, and easier to handle remotely \u2014 for both employees and customers<\/strong>.<\/p>\n\n\n\n

As a result, financial institutions have had to change not only the way they deal with internal, back-office operations but also how they interact with clients<\/strong>. The digital transformation<\/a>, despite its challenges, has given these institutions the chance to shift away from their old, traditional departments towards more modern virtual platforms, reducing the number of costly physical service points that are needed. Plus, when the transformation is run wisely, it opens up new streams of revenue<\/strong> in the form of new customer-centred services.  <\/p>\n\n\n\n

But what kind of digital solutions do they leverage, exactly? Below, you will find a few powerful examples (that we, at Future Processing, are proud to be associated with).  <\/p>\n\n\n\n


Marketplace as a Service  <\/h2>\n\n\n\n


One of the greatest examples of a digital transformation solution is Marketplace as a Service<\/a> (MaaS) from 21finance<\/a>, which offers banks and financial intermediaries the possibility to create and run their own digital online shop for financial products<\/strong>. The fintech\u2019s customers<\/a> can optimize their sales channels to increase assets under management, reduce operating costs, acquire new customers and ultimately open up new revenue channels.<\/p>\n\n\n

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\n The white label solution gives them access to software and support services to provide a fully digital and regulated investment experience for their investors. In addition to traditional financial products, it is also electronic securities, Security Token and cryptocurrencies that can be offered and traded on their own marketplace. <\/div>\n <\/div>\n <\/div>\n\n\n\n

MaaS works great for both financial institutions and their customers, including investors and issuers. Thanks to client confidentiality<\/strong>, a 24\/7\/365 help desk, data protection<\/a>, full compliance, low service fees, transparency, access to a qualified partner network, very fast time-to-market, and much more \u2014 everyone gets a truly holistic experience<\/strong>, tailored to their individual needs. If wished, MaaS clients can co-place products across multiple marketplaces of banks, asset\/wealth managers, and other intermediaries or book additional banking services such as crypto custody & brokerage, liability umbrellas, and many more. <\/p>\n\n\n\n


Blockchain-based systems <\/h2>\n\n\n\n


Another great example of innovative digital solutions is blockchain-based systems<\/a>. Designed to make the financial services sector noticeably less vulnerable to fraud and much more transparent \u2014 blockchain also allows customers to benefit from lower costs of services <\/strong>(thanks to, e.g., reduced fees). Systems like this are now being leveraged by financial institutions that have to deal with large datasets \u2014 in order to build and maintain data integrity and security.  <\/p>\n\n\n\n


Blockchain in finance- the main benefits:
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