Financial industry

The financial services industry is undergoing significant change. We see complex (outdated) IT landscapes with large legacy systems that stand in the way of digital innovation. Due to economic instability and increasing competition, the pressure is also growing to reduce costs, increase customer satisfaction and quickly launch new propositions on the market. FlowFabric helps with this transformation by bringing business and IT together and bringing in specialized process knowledge.

As in other sectors, the changes and increasing pressure in the insurance industry demand strong digitization and further technological development. This creates room for new entrants in the industry. The speed of developments is high, and the demand for insight into and about data increases. Therefore, they must create a complete picture of all information about prospects, customers, policies, claims, and risks. This requires a new way of flexibly integrating data.