The Changing BFSI Climate
Expanded Business Offerings + Rapid Technology Developments + Increased Compliance Pressures
Increased focus on financial inclusion, a digital technological revolution and multiple national and international regulatory pushes are transforming the BFSI industry in India. Today, priorities in the industry are to increase productivity of resources, deliver superior customer service, harness technology to deliver efficiencies and remain vigilant towards regulations and compliances. MapmyIndia’s Solution Stack for BFSI is focused on using breakthrough location technology to deliver higher workforce productivity, increase operational efficiency, provide key insights into where your customers & competition are and improve key decision making through automation.
Stay ahead with MapmyIndia's BFSI Solutions
Increase Acquisition
Improve Delivery of Services
Optimize Processes
Ensure Compliance
How can you use MapmyIndia’s Stack for BFSI?
For Field Agents responsible for KYC/Verifications MapmyIndia’s WorkMate product is customized with forms to capture specific features of the consumer!
Read moreOne of the most difficult tasks for the banks to approve is a loan against crop as the process takes lot of time and involves heavy costs. Mobile handheld devices with applications can make the process less time consuming with desirable result.
Read moreUsage-Based Insurance (UBI) closely aligns driving behaviors with premium rates for auto insurance. It is through the use of telematics (in-vehicle GPS/telecommunication devices) that insurers will be able to collect driving data enabling them to link a driver’s individual risk with a premium.
Read moreTrasferring money from a bank environment of a secure building to branches is a high risk task that requires very high levels of security. MapmyIndia’s Cash Van Tracking Solution provides all this information, overlayed on India’s most accurate, robust and precise maps.
Read moreAn ATM is an extremely high-value asset which needs to be monitored and protected. Increasing instances of ATM thefts has presented a problem for the Banking industry in India.
MapmyIndia’s ATM tracking solution helps in identifying the location of the asset, generate an alert or alarm if the asset is moved, and then tracks it’s location, in case of a theft.
Read moreFor over 20 years, MapmyIndia has professionally built India's most accurate and comprehensive Map Database. We can standardize, validate and geo-code your data using location technology and manual geo-coding, based on the business need.
Read moreWith location intelligence, financial institutions can visualize and analyze critical market characteristics which can easily be combined with customer data and business data enabling better decision making and more effective business strategies.
Read moreBusiness Models
Fully Deployed In-Premise Model
In-premise model is to support clients who require the entire solution/product stack to be deployed in their own data centre. The benefits of In-Premise deployment are:
- More Secure & Controlled environment
- No dependency on external network hence better control on uptime
Components/Product Offerings for In-Premise Solution
- Map API Engine (In-Premise Model) comprising of following APIs
- Map Tiles
- Geo-coding
- Reverse Geo-coding
- Auto Suggest
- Directions
- Distance Matrix
- Nearby
- Mobile SDK
- Admin Boundaries - GIS Data
Cloud Hosted Enterprise Model
In MapmyIndia’s Cloud hosted model, the data and applications are hosted on MapmyIndia Cloud Server. The hosting facility (cloud) is based in India with tier 3 level certification.
The benefits of Cloud hosting are:
- Saves lot of money in Infrastructure setup and maintenance
- Maintenance and up keep of the data is done by MapmyIndia
Components/Product Offerings as Cloud hosted solution
- Map API Engine (In-Premise Model) comprising of following APIs
- Map
- Geo-coding
- Reverse Geo-coding
- Auto Suggest
- Directions
- Distance Matrix
- Nearby
- Custom APIs
- Mobile SDK
Services Model
MapmyIndia can also provide services to BFSI sector. Some of the services are detailed below:
- Professional Services for Geocoding Customers, Branches/ATM
- Geocoding through MapmyIndia In-house automated tool
- Manual geocoding for specific & small number of dataset
- Geo-tagging from Field Data Collection
- Territory Mapping
- Web & Mobile Application Development