Driving digital transformation in financial services
Fujitsu financial services technology and solutions – driving a trusted future for purpose-driven financial services organizations
More than in any other sector, trust is fundamental to the success of Financial Services businesses. It always has been and always will be. You are responsible for your customers’ financial wellbeing, so it’s up to you to match your commercial objectives with their needs and those of society.
In fact, research shows that just over a third of consumers trust financial services businesses*. That’s up on a few years ago, but clearly, there’s more work to be done. Fujitsu’s research shows that 92% of business leaders understand that they must focus on providing real value to society.
The need for trust has increased as the world has become more uncertain. When none of us know what’s coming next, we need reassurance that businesses in financial services sector can adapt to our needs at speed and with creativity while remaining secure and solid.
Everything has changed. And that demands a rethink of how we live, work, and interact with each other. At Fujitsu, we take a human-centric approach to digital transformation in financial services that puts people at the heart of everything we do. The sector must reimagine a new future built around the urgent and evolving needs of its customers. When the future is uncertain, you need to be certain that you will be supported.
At Fujitsu, we are passionate about innovation and focusing it on enabling financial services businesses to thrive. It’s a purpose-driven vision inspired by and aligned to the United Nations’ 17 Sustainable Development Goals.
FUJITSU Financial Services Solution RAPORTADO
RAPORTADO is a solution that provides all the functions and services necessary to implement an XBRL-based business reporting system in an integrated manner with FUJITSU’s XBRL technologies and experience as its core.
RAPORTADO is a consolidated packaged software containing various options necessary for customer considering implementation of XBRL technology. RAPORTADO enables customers to design and develop XBRL systems with minimum time and cost. Leveraging Fujitsu’s extensive XBRL knowledge and proven experience, RAPORTADO offers the flexibility and agility of systems expansion to meet the needs of growing businesses.
FUJITSU RAPORTADO Payment Aggregation Platform
RAPORTADO Payment Aggregation Platform is a solution that provides all the functions, services and other necessary components for enterprise that provide service as Payment Aggregator in financial service industry.
PAYMENT AGGREGATION, also known as merchant aggregation, is a business model in which a third-party payment provider is also known as the ‘payment aggregator’ signs up merchants directly under its own merchant identification number (MID) to process transactions through a single master account. For example, Google Pay, Amazon Pay, PayTM etc. One merchant account is used to represent a number of merchants opposed to the traditional model which disburses a merchant account to each merchant. Merchants processing transactions under an aggregator are known as sub-merchants. In simple terms, a payment aggregator empowers merchants by providing them the means to accept credit card payments and online money transfers without an individual merchant account with a bank or financial services provider.
Fujitsu: A trusted, experienced financial technology solutions partner
When you work with Fujitsu as a partner, you benefit from a broad ecosystem which is not just focused on financial technologies – though they are central to what we do. You have a partner focused on helping you become the very best version of your business both now and in a trusted future. We understand the importance of digital transformation in the financial services sector and work with you to enable success, every step of the way.
Find out more about our philosophy, perspective, and approach: Below area selection of articles and whitepapers which go into our thinking in more depth.
Global Financial Services Report - from demanding to discerning: Technology and the new banking customer
Fujitsu's most recent research in to the Financial Service and Insurance sector has uncovered what is really important to consumers when it comes to digital services. And some of the results are quite surprising.
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Digital transformation of Banking Services Vision Document: A vision of what Financial Services and Insurance will be like in 2030
Predicting the future of any industry is always difficult, and the Financial Services and Insurance sector is no exception – it may even be harder. But one thing is clear: digitalization is radically changing how enterprises in the sector work and, most importantly, the way they engage with their customers.
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Breaking down global RegTech barriers. Enabling the Financial Services ecosystem to deliver trusted solutions
Financial regulation is a complex business, but there are some key areas, if focussed on in a progressive manner, can make significant positive changes to our regulatory landscape.
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Enabling your people, your customers, and your entire business with the right technologies, applications, and systems is a collective endeavor. That’s why we’ve built a global ecosystem of leading technology vendors and other organizations to help you leverage the power of digital to drive your purpose and build trust.
We connect the right services and financial technologies together to shape your unique ecosystem so it’s aligned with your business objectives and and capable of adapting to new needs as they develop.
Telematics - transforming car insurance and improving driver safety
The number of traffic accidents is generally on the decline due to improved vehicle safety and new traffic safety measures. However, changing consumer needs are creating the demand for improved accident support services.
- Eighty percent time reduction to complete common tasks, such as generating invoices and contracts, with the enhanced performance provided by Fujitsu.
- Digital Annealer gives MELCO Investments a competitive advantage by providing them with more through analysis, to offer stable, long-term returns for their customers
- Hybrid IT and Artificial Intelligence solutions support Lowell's global expansion and journey of digitalization to personalize customer services
I-Global Intelligence for digital Leaders program
Pandemic-accelerated transformation in the financial sector
Banks have simultaneously had to deal with dramatic shifts in customer demand and fundamental operational changes. Parveen Kaur of NatWest and Carol Anderson of TSB highlight the innovations supporting the transition.
Intrum: Underpinning a business scale-up with tech transformation
The streamlining and modernizing of core IT has enabled intrum to consolidate its position as Europe's leading debt collection and purchasing company. Trude Bakkebo, director of infrastructure and operations, outlines the role a two-year technology overhaul has played
Fujitsu Blog: Latest insights from our Financial Services Solutions experts
Eyes wide open: how we helped an insurance provider reimagine their infrastructure
At Fujitsu, when we pledge to help our customers to re-imagine their business, we do this with our eyes wide open. We’re committed to working with our partner such as Oracle to be value-driven, rather than solution-driven in what we deliver.
7 tips for financial services trying to break through the RPA glass ceiling
When it comes to robotic process automation (RPA), few industries have embraced it like financial services.