Digital Transformation: EY, FintechOS to Support Digitalization Journeys for Financial Institutions

The EY organization announces an alliance between FintechOS , a financial technology company, and Ernst & Young SRL (EY Romania) “to simplify and support the launch and service of banking and insurance products and support detailed transformation journeys through innovation, business knowledge and the implementation of FintechOS’ fintech enablement platform.” As businesses increasingly digitalize, customer and employee behaviors change, “providing opportunities to build better customer experiences and more efficient business models.” With digital transformation being a top priority in the industry, this Alliance “will blend the EY Romania sector business and regulatory deep knowledge with innovation and implementation skills and offer competitive edge, scalability and security through the FintechOS innovative cloud-native platform.” Nigel Moden , EY EMEIA Banking & Capital Markets Leader, says : “This collaboration has the potential to transform how banks operate, from data management processes to product development and customer service. Across Europe, banks have made steady progress to digitalize their systems and processes, but the pace must increase as competition from other industries grows. It is fundamental to invest in innovation and technology to support clients as they tackle numerous headwinds, while always maintaining focus on bringing new products to market and providing a service […]

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