BluePi Solutions, an established player in data-driven solutions, today, announced the partnership withThis partnership is aimed to serve the financial sector in India, for liberating valued, siloed data and unlocking meaningful insights.Snowflake recently launched its financial services Data Cloud with more than 600 industry data partners, as well as large customers, such as BlackRock, Capital One and Western Union. The BFSI players can leverage Snowflake's Financial Services Data Cloud to launch new customer-centric products and services, build fintech platforms of the future and accelerate their regulatory compliance.With India set to become the third largest domestic banking sector by 2050, implementing the right technology will help accelerate the expected growth.Announcing the partnership, Pronam Chatterjee, Co-founder and CEO, BluePi Consulting, said, "We are indeed happy to partner Snowflake, the global technology leader in Data Cloud and consider this an important milestone ..
Despite the growth, concerns have emanated from elevated attrition levels for the industry due to strong demand for digital technologies and lack of adequate skilled manpower to service the same
Financial services grew 5.4 per cent on a constant currency basis.
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Speaking on fintechs, the bankers said the right way to go about this is collaboration, but they may also have to compete with these players for their share of the pie
India's record forex reserve also gives a lot of confidence and security to the foreign exchange market, he said
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Leading money managers also warn of risks emanating from external factors besides frothy valuations in certain pockets in the domestic market
Under the current framework, an MF has three main pillars -- sponsor, trustee, and AMC
The life insurance industry saw massive disruptions in the initial period of the pandemic
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Say customer engagement has been one of the pain points for insurers, historically
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Banking was declared a strategic sector by the government under the new privatisation policy, which means the government will only have a limited presence in the sector
The RBI has increased its scrutiny manifold, particularly since the PMC Bank crisis
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Panelists say banks shouldn't feel threatened by fintech companies, rather they should feel enabled
Watch Business Standard's BFSI Insight Summit as the best minds of the industry engage in a stimulating conversation on the state of Indian banking sector.
Ex-RBI deputy governor says they must become financial conglomerates
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