Maveric Systems

Maveric Systems

4y

Graceful Degradation in banking An attention-deficit planet is unlikely to forget the memorable Monday moan in a hurry. For six hours, Facebook and its app family of Instagram, Messenger, and WhatsApp went down. Beyond the flood of FOMO memes, the impact to Facebook was tangible – shares fell 4.9 percent, its US ad revenues bled $545,000 each hour, not to mention the inconvenience it brought on to millions of businesses that rely on Facebook pay to access e-commerce sites. Using specific indicators from World Bank and other agencies, the cost of shutdown tool (COST) was estimated at $160m to the global economy. Disclaimer - Originally published on Bobsguide...Show more

Maveric Systems

4y

Essential Innovations That Will Accelerate Banking Tech Transformation The year of the pandemic witnessed banks across the world as well as back home in India, accelerating their digital transformation initiatives. Not only were they forced to condense their year-long plans, but their evolution also came with a tectonic cultural change – one that challenged traditional processes, encouraged innovation, and made them rethink every aspect of their future journey. This radical shift towards ubiquitous digitization came with both the impetus as well as the opportunity for Indian banks to improve services, build loyalty, reduce costs, and develop the ability to spot bumps crucial to making the banking experience - with data at the heart of digitization. In the new world order where rapid decision-making, action, and response is imperative, financial institutions must now prepare for a holistic banking transformation with technology. Banks are also focusing on ensuring real-time engagement with their compliance and risk management teams, to put appropriate controls for comprehensive go...Show more

Maveric Systems

4y

pCloudy (now Opkey Digital) partners with Maveric Systems to disrupt the Global Banking Sector pCloudy, a continuous testing cloud platform (now Opkey Digital) is proud to welcome Maveric Systems, a leading banking tech transformation solutions company as a new partner on-board. pCloudy is your one-stop-shop solution for all your app testing needs. With various testing capabilities and integrations that are easily accessible, the platform has become a favourite among many quality engineers, testing teams, and app developers. Needless to say, Maveric complements the work at pCloudy as they drive digital transformation in the global banking sector. This strategic alliance between pCloudy and Maveric will accelerate digitalization and quality engineering in the world of banking across the globe....Show more

Maveric Systems

4y

Maveric Systems to hire 1,200 in the next one year until 2022 Maveric Systems, a global banking technology transformation company, plans to hire around 1,200 employees over the next 12 months amidst a spike in digital adoption by banks and financial institutions since the onset of the Covid-19 pandemic. Read more from the below link " ...Show more

Maveric Systems

4y

Digitization will change Wealth Management: How will you keep pace? The global wealth management market is expected to grow at a CAGR of 9% from 2021 to 2025. Wealth management firms are still recovering from the COVID-19 disruption. Globally, Wealth Managers are looking for answers to a few pertinent questions: How can you increase data accuracy levels through domain led data model? How will Wealth Management firms balance employee safety and run a high-touch business? What are the expected changes in customer behaviour? How will firms meet new needs? What will be the nature of operational risk in this ‘new’ world? Overall, how will digitization impact the wealth management business? To read more, follow the link below https://mea-finance.com/digitization-will-change-wealth-management-how-will-you-keep-pace/ ...Show more