Financial Sector

API’s consulting experience and capabilities assist financial sector clients such as Lloyds Banking Group and CIGNA Healthcare International  to resolve complex data management challenges.

The UK Financial sector is renowned for high levels of regulatory oversight and is under increasing pressure to ensure resources are properly allocated to provide maximum value for money.

Back office and administration costs are constantly under pressure and our efficient and effective technology solutions are playing a major role. For example, our anti-money laundering solutions deliver leading edge analytics and highlight unusual or inconsistent patterns of customer behaviour and highlight suspicious transactions.

Other challenges faced by financial sector organisations include:

• Collections and recoveries
• Client money and client asset safekeeping
• Data protection compliance
• Billing and enrolment management (group schemes)

Other examples of our work include:

• Developing suspicious transactions analytics
• Web based multi department, multi threaded electronic forms
• Development of a billing and enrolment system for large corporate health schemes
• Bespoke line of business applications such as Investment Management Reporting Suite