No US industry has received as many onslaughts from many different fronts as the Banking Industry; A plethora of complex Federal, State, and Basel compliance rules, a new generation of Customers, a new aggressive FinTech industry leveraged in disruptive technologies and a fast-growing Cybercrime threat configures a challenging landscape.
For many years, we have been working with a major US international bank and a dozen of international financial services corporations, as well as the many Chilean banks.
At Chile, we are proud to have been part of the development of the most robust, competitive and reliable Latin American Financial market. During all of those years we have been developing IT banking experts in crucial areas and we have accumulated a impecable and precise business and technology judgment to balance the trade off between efficiency, innovation and security.
We understand the impact of the new state and federal rules and the Basel regulations, and how all this new set of regulations are making even tighter and complex the banking compliance process, also flooded with an heavy public scrutiny.
We have experience developing disruptive financial apps to face the new generation of millennials, eager to consume new technologies, demanding 24×7 omni-channel access and intelligent FinTech services.
We know how to integrate the back-end core systems to habilitate new FinTech platforms and gain competitive advantage, we have professionals in using social media tools, to break down the traditional business value chain ( Google wallet, Apple pay, AmazonPayments ) and consultants in peer-to-peer digital currency to discuss new trends.
Finally, but not less important, each day the threat of cyber crime is increasing, only in US during 2015 the FBI have reported more than $ 1 billion of personal losses and more than 280K complaints. Many forces are pushing the limits: The increasingly easier access to free and powerful open source tools, the ultra high speed and coverage of the social networks to share information and the inexpensive hardware and parallel algorithms. All this aspects are creating more and more data breaches where our people can help to close.