Competitive landscape
The cloud is driving a fundamental change across the financial services industry, yet most players rely on core technology from a pre-digital era. Nimble start-ups may not have the customer base, but they are quickly winning market share with agile capabilities that their larger incumbents can only dream about. And it is not just new financial services entrants disrupting the market - large retailers, tech companies, and telcos are all challenging the status quo.
At the same time, cost pressures are ever-increasing, along with more resources devoted to financial crime, ESG, data protection, and many new regulatory burdens, all of which are eating up time and budget.
Mark Harper
Customer-first
To provide answers for today and tomorrow, it remains paramount that financial institutions focus on the needs of their customers so that they continue to stay relevant.
You can have the best tech stack in the world, but can you convert that investment into new or additional revenue?
Mark Harper
Don't boil the ocean
Technology and digital transformation are necessary, but where do you focus first? With a cloud platform approach, you can create differentiating services without the complexity and responsibility of running each underlying capability.
That might not be remarkable on its own. Still, the ability to easily plug in a capability, change a capability for a specific situation, innovate next to legacy, or serve a niche, is a game-changer compared to the well-known monolithic approach that supports much of the financial services industry today.
A modular technology landscape is beneficial to deliver financial services rapidly from the best fitting services, providing the option to embrace modern technology and providers such as VSPRY to create new capabilities quickly and efficiently for the right channels.
Mark Harper
Platform vs. application
When adding new modular capabilities from a provider, financial institutions need to consider if they are adding a point-to-point application or enabling capabilities to a scalable platform that can be used for future innovation.
VSPRY advocates for a platform mindset, as it will simplify your architecture.
Mark Harper
Revenue generation
We help financial services businesses to rapidly digitise the most valuable parts of their customer engagement journeys that are today “analogue”.
Modern, agile and integrated banking and fintech solutions are the domain of large players like SAP, Oracle, Tata, and Temenos, with uncommercial pricing models for many businesses in emerging Asia.
Mark Harper
Our solutions
We deliver turn-key customer onboarding, loan origination, ledger management, customer loyalty products, and digital card solutions, delivered as a cloud solution in a dedicated project to meet regulatory requirements, with SaaS-like pricing.
Instead of an organisation needing 10 application solution providers pieced together by a systems integrator, vspry delivers a complete stack in a single deployment that is commercially viable for the organisation.
Mark Harper
Our tech
Our tech is cloud native and API-centric, which allows you to get up and running quickly with a platform that unifies core, digital, data, and analytics—and guidance from a team of banking, insurance and cloud experts.
Our pre-packaged implementations are designed to minimise configuration, with more provided out-of-the-box. We help you reduce integration complexity and enable quicker upgrades with an all-in-one designed core.
Mark Harper
What you can expect
Our mindset is all about speed, pragmatism, security, and the realisation of benefits.
You can expect us to help you accelerate product launches, digitise manual processes, and improve the quality of the engagement you have with your customers and agents.
A win-win for both parties.
