Industry Solutions
R4Insights India Incorporated is a Premium Offshore Development hub headquartered in Pune, India
Industry Solutions: Banking and Finance
Meeting your customers’ demands for a better digital experience, protecting your data, and responding to an increasingly complex regulatory environment are daily challenges. Adding to these challenges is the fact that many financial institutions still depend on legacy systems that are difficult to integrate and can’t respond quickly to your needs.
We can help you manage the digital transformation you will need to succeed. Our cloud consulting and engineering professionals will assess your current systems, modernize your on-premise technology with an overall cloud /cloud hybrid strategy, and develop a migration and implementation plan. A move to the cloud sets up the benefits of speed and scale for projects like:
- Highly-developed data governance – Ensuring the correct data classification, origin and flow while providing necessary identity access and management, security around personally identifiable information (PII) and other sensitive material, and regulatory compliance
- Reduced customer churn and enhancing the customer experience – Ensuring the best possible user experience across multi-channels with clean, actionable data.
- Advanced data analytics – Getting the most from your data using artificial intelligence and machine learning (AI/ML) to make the right decisions at the right time.
Healthcare
Healthcare
Whether your organization provides medical care, pays insurance claims, deals with the life sciences, or manufactures pharmaceuticals, as part of the healthcare industry your ultimate goal is better health for the individual and the population as a whole. And, as part of healthcare, you know that the only constant you can expect is that some type of change is coming.
You can rely on R4INISIGHTSINDIA ’ healthcare and pharmaceutical industry experts to help you navigate the big issues of today’s shifting environment:
- Interoperability of electronic health records (EHRs).
- Data compliance, governance, and privacy.
- Documenting metrics for value-based quality of care.
- Patient portals and patient information access.
- Cost reduction through process improvement and system integration.
- Industry consolidation through mergers and acquisitions.
Insurance
A famous salesman’s quote, “Don’t sell life insurance, sell what life insurance can do,” readily applies to all types of insurance. With today’s business environment and higher customer expectations, retaining and adding to your market share is an uphill task. At R4INISIGHTSINDIA, we don’t sell technology, we sell what technology can do – adding value to help you supercharge your business outcomes:
- Extreme personalization – Insurance is catching up to the retail sector in treating customers as individuals instead of segments. Responsible data collection and analysis – in compliance with privacy laws – can help you personalize products and services.
- Shorter feedback cycle – The standardization and integration of data communication with customers, regulators, and partners will ensure stronger relationships.
- Agility and responsiveness – A cloud or hybrid cloud solution can help your speed and scalability for your core business processes and time-to-market, all while maintaining a low-risk profile.
- Digitize supporting systems – Intelligent automation reduces fraud, waste, and abuse in processes such as denial management, subrogation, and recovery, and allows your employees to focus on high-value work.
Retail and Distribution
Retail and Distribution
Being customer-centric in retail and distribution is an absolute given. Today’s shoppers are informed and empowered, and you can be just a click away from losing them. This new age of retailing is driven by digital technology. As an industry leader, R4INISIGHTSINDIA can help you stay ahead of the competition in areas critical to retailing, like:
- Customer engagement – Customers today expect your website and apps to have an inviting and intuitive user interface (UI) and an overall fast-loading, easy-to-navigate user experience (UX).
- Omni-channel experience – With APIs and integration, you can give customers seamless transitions among your platforms, like website, mobile, social, and point-of-sale.
- Extreme personalization – Each shopper should be treated as an individual – not part of a segment or market. Responsible data collection and analytics, in compliance with privacy laws, can help you personalize products and services.
- A propensity to purchase – Advanced analytics with artificial intelligence can detect sophisticated patterns from your data for predicting outcomes, like what customers will buy next based on past purchases.
- Data governance – Customers expect secure sites where their private data can’t be disseminated without their permission, misused, or hacked.
Mortgage Banking
From “whoever wants a house gets one” to stringent qualification for eligible borrowers, the pendulum in mortgage lending is always swinging. Cost control, changing demographics, and ever-increasing regulations place added strain on an industry with already tight profit margins. R4INISIGHTSINDIA ’ technology solutions will help manage the swings. And, coupled with technical expertise, our practice includes former mortgage executives. We know mortgage lending because we’ve been there. Let us help you with today’s most pressing issues:
- Cost per loan (CPL) – Automate manual and decision-making steps using artificial intelligence and machine learning (AI/ML) for fast, efficient, and error-free processing, reducing costs.
- Millennials – They grew up with the internet and social media. If your online user experience isn’t up to it, they are off to your competitor.
- Regulatory compliance – Let’s avoid the fines and ensure your systems are agile enough to quickly and completely respond to the latest changes.
- Fully using your data – Applying artificial intelligence and machine learning (AI/ML) to large amounts of mortgage banking data can produce patterns for advanced analytics and greater business insight.
Public Sector
As a part of the public sector – whether federal, state, local, or associated agencies – your mission is clear: serve the citizens. At R4INISIGHTSINDIA, we understand the unique drivers of the public sector environment, such as being good stewards of taxpayer dollars and the high visibility of being public servants. Today, we’re helping our public sector clients deliver on their mission by addressing major issues like:
- User experience – Ensuring that citizens transacting business or accessing services online find the experience to be easy and efficient.
- Data privacy and sharing – Ensuring that the right information is available to the right people at the right time, easily and securely.
- Shared services – Creating solutions for security, platforms, and analytics.
- Reducing costs while increasing services – Using intelligent automation, artificial intelligence, and machine learning (AI/ML), and hyper-automation to gain efficiencies.
- Responsiveness – Employing cloud computing for speed and agility and freeing your staff to do more.
R4INISIGHTSINDIA employs the most rigorous and best practices in project management to stay on or under budget, mitigate risks, and ensure process. Meticulous status reports and transparent communications mean you know where your deliverables are. With R4INISIGHTSINDIA, you’ll be a public official who can sleep at night.
