overview
Our Expert services for the banking Industry
The banking industry is a core part of the broader financial services sector and is primarily served by a variety of related financial institutions and specialized service providers.
Openteq Consultants has consistently supported Banks & SACCOs by offering innovative digital financial solutions that enhance member engagement through personalized banking services. These solutions allow members to perform financial transactions conveniently from their mobile devices, anytime and anywhere, with real-time account updates and reconciliation. The rapid adoption of digital channels among Banks & SACCOs has driven investments across all sizes, enabling them to meet the evolving needs of their members.
Sectors
The Banking industry sectors we served include
Commercial & Retail banking
The primary entities within the sector, offering services to individuals and businesses such as checking and savings accounts, loans, mortgages, credit cards, and payment processing
Credit Unions, Savings & Loan
These are member-owned, non-profit institutions that provide basic banking and lending services, often with more favorable rates and fewer fees than traditional banks.
Investment Banks
These firms assist corporations and governments in complex financial transactions like raising capital through securities issuance (underwriting), and advising on mergers and acquisitions (M&A).
Central Banks
Government entities (like the Central Bank of Kenya and the Reserve Bank of India) that oversee, regulate, and manage the nation's monetary policy and financial system.
FinTech Firms
Companies specializing in digital solutions, mobile banking apps, online payment systems (like UPI or PesaLink), and core banking software, which enable modern, efficient banking services
Risk and compliance Firms
These provide investment-related services, assisting clients with buying and selling securities, wealth management, and retirement planning.
Services Provided to the Banking Sector
Our clients are able to increase end-user productivity
without sacrificing usability.
Core Banking Solutions (CBS)
Openteq Consultants innovates Software platforms that manage fundamental banking activities across all branches and channels.
Payment Systems
We Develop and manage infrastructure for various payment methods (wire transfers, SWIFT, real-time gross settlement (RTGS), and mobile payments)
Digital Transformation
Modernizing legacy systems, leveraging APIs, and developing mobile and online banking platforms to enhance customer experience.
Risk & Compliance Management
We Provide tools and services for risk assessment, financial reporting, and ensuring adherence to regulatory requirements.
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Delivery
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Expertise
Our banking expertise
At Openteq Consultants, Our experts have deep knowledge about the complexities of the banking industry, and know how to deploy digital technology to transform banks’ operations.
10+
We’ve more than 10+ years of experiences
in the Banking Sector
95%
Clients Satisfaction
Rate Of (100%)
4.9
Ratings