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  • NIIT Technologies achieves Top Honor

Building Societies Solutions

Bringing World-Class Experience to Building Societies

NIIT Technologies’ vast pool of domain specialists understand the business needs of Building Societies. They have requisite knowledge and expertise to support them across functions. Over 500 domain specific resources provide our Banking and Financial Services (BFS) customers with solutions for multiple sub-domains and IT needs.

They extract value in terms of improving operating efficiencies, reducing costs and enhancing customer satisfaction levels. Our pool of business and technology specialists armed with in-depth understanding of the Building Societies business enables effective streamlining of business needs

NIIT Technologies Offerings Aligned to Building Societies Needs

Our team of dedicated domain consultants and technical architects are instrumental in executing custom software development and modernisation and maintenance of legacy systems, making us a high quality, low cost option.

NIIT Technologies’ solutions suite for the Building Societies Industry is built through expertise in a wide variety of areas such as:


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Building Societies Services Landscape

Credit Card Processing Solutions, Lending and Mortgage Processing Solutions

Mortgages and Loans

NIIT Technologies has gained expertise in Mortgages and Loans, and provides solutions for:

  • Loan Origination and Processing
  • Mortgage Processing
  • Credit Card Processing
  • Online Mortgages
  • Payments Clearing and Settlement

 

We have developed a spectrum of lending, leasing and mortgage services. These cater to customer needs in areas such as Loan Origination, Collateral Management and Default Management. We also have skill sets in areas such as Utility Bill Payments, Real Time Gross Settlement Systems (RTGS), Cash Management, and Electronic Bill Presentment and Payment (EBPP) Systems.

Investments

With over a decade of experience in Investment Management, NIIT Technologies offers solutions for Financial Planning, Advisory Services and Wealth Management. We also have expertise in developing solutions around third party products covering equity, debt and funds. Our wide experience in front, middle and back Office operations has enabled us to offer customer solutions in Trading Applications, Risk Management and Exception Reporting, Reconciliation and Settlement, and Regulatory Reporting. We offer an optimised low cost service for maintaining legacy systems and have developed client-server (web and non-web based) solutions.

Savings and Current Accounts

NIIT Technologies has built capabilities across the entire savings value chain covering the Account Operations, Interest Payments and Accruals Calculations. Our on-line security framework has been built to comprise industry best practices. Our range of credit and deposit offerings caters to the functional areas of savings management, risk assessment and loan servicing.

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For further information contact:
Email : info@niit-tech.co.uk
Tel: +44(0)20 7033 5900