Banking, Financial Services & Insurance

Simplify banking processes by aligning winning IT strategies to achieve end goals.

Banks compete in an industry where innovation is both an opportunity and a threat. The most crucial challenges faced in the industry is the mapping of information technology to business processes in order to achieve smooth operations and better customer experience. This eventually leads to grappling with regulatory orders, serious operational problems and survival.

The only way to overcome these challenges is to simplify core business processes and digitizing where it matters, thus improving business agility, cost efficiency and secure lasting results.

Microtek Systems leverages decades of deep industry experience and global insights by developing IT strategies and technology solutions for your banking processes, giving you sustainable competitive advantage and increased efficiency to support long-term goals.

We offer a full range of Banking Consulting and Technology services across different domains

Core Banking

Using emerging technologies, we provide end-to-end digitization, Core Banking modernization and product development services to help banks stay competitive, making them agile and efficient.

IT Strategy Development

We study our client’s markets, trends, competition and customers to identify and create a blueprint for implementation of IT strategies aligned with business needs. We examine the leadership, organization structure and processes to ensure sustainability of the bank’s IT infrastructure.

IT Performance Improvement

Underperforming IT has cost implications that affect business performance. We work with banks to reduce costs, develop outsourcing and offshoring strategies that meet their needs, redesign their organization, and ensure a cost-effective application portfolio that supports innovation to deliver breakthrough IT performance improvements.

Technology Assessment

At Microtek, technology assessment provides a thorough and objective review of your bank’s existing systems, applications, and infrastructure to evaluate how well they support your bank’s future business needs and strategy.


IT synergies are key to successful mergers, acquisitions, divestitures and spin-offs, but too often they are overlooked early in the deal. We help banks plan and manage the changes in their IT systems to accommodate these changes in the business structure.

IT Project Effectiveness

We help clients maximize the business results from major IT initiatives and turn-around programs. We help executives evaluate the case for investment, set up projects for success, and ensure they capture value when implementing new systems and programs.

Vendor Evaluation and Contract Negotiations

Microtek advises your bank on what is the right solution, which can make the difference between employing technology effectively and profitably. We negotiate the complete “contract” not just price, but the terms and service levels, which are equally important.

Risk Management

Microtek provides consulting in Counterparty Credit & Market Risk, Operational risk, financial risk and fraud, Governance risk and compliance, security and resiliency. We help our clients to standardize and modernize transaction processing that reduces complexity and cost. We also provide consulting in drafting and reviewing policies and procedures.

Application Development and Maintenance

Microtek’s software division has strong expertise in software development life-cycle management. We leverage our expertise in strategic combination of technical process, deep domain understanding and expertise, consulting capabilities, intellectual property (IP) assets, and methodologies that deliver significant and tangible value to clients’ business.

SharePoint Managed Services

Microtek’s offers support and maintenance services for all SharePoint needs and ensures 24x7 availability of support consultants to address user queries and problems.

System Evaluations

Core banking and ancillary systems play very important role in the delivery of services to a bank. Microtek provides evaluation services for all banking-related services including:

  • IT infrastructure
  • MIS and analytics
  • Core Banking platform
  • Alternate banking channels like ATM, Mobile Banking,             Online Banking and Agency Banking etc.
  • Forex and Treasury
  • Payment Systems

CIO Services

Microtek can provide part-time, interim or temporary CIO needs to your bank. Our global reach and deep domain expertise enables us to provide consulting that includes:

  • IT Strategy & Transformation
  • IT Cost Reduction
  • Governance & Decision Rights
  • Data Center & Infrastructure Optimization
  • IT Outsourcing
  • Application Strategy & Rationalization
  • Digital, Social & Cloud strategy
  • Business Intelligence Strategy
  • Data Management & Analytics
  • Enterprise ERP Implementations & Upgrades

Enabling Stronger Foundations

Two affiliated insurance companies look on to Microtek Systems for a seamless data-migration solution in North America.

Microtek helps European global bank with mobile banking monitoring systems

Transform your banking process and deliver an enriched banking experience