After a rigorous evaluation by Amazon Web Services (AWS) and a team of third-party auditors, Itera receives approval for its competence in the financial sector. With this, we are part of a select group of partners at a global level that has the strict requirements demanded by this industry.

By meeting the specifications demanded by different financial institutions for various growth projects, strengthening the continuity of their business and boosting their competitiveness, at Itera we achieve a level of experience that makes us worthy of the financial competence of AWS.

Specialists in cloud financial solutions
Based on various growth projects in financial institutions and through the support of our team of certified specialists, we have been able to:

• Successfully migrate APIs and microservices to the cloud to leverage digital strategies, increasing agility in development and deployment processes by 50%. Based on architectural best practices, we generate momentum that enables faster delivery of new financial institution products.
• Create an end-to-end solution that optimizes digital infrastructure performance. With a focus on security and reliability, we were able to increase the generation of loans by financial advisors by 50%.
• Design a scalable, flexible, secure system with good high availability performance to satisfactorily meet customer demand, all through the implementation of integration strategies and continuous service delivery.
• To continue evolving and promote agile adaptation to market needs, we managed to provision and manage infrastructure as code more efficiently, allowing the automation of the development life cycle.

Specialists in cloud financial solutions

With the support of our team of certified specialists, we have helped financial institutions achieve results ranging from 77% cost optimization by avoiding the renewal of their physical servers, to an 89% reduction by not following up with their provider for data backup.

Similarly, we have achieved a 50% reduction in customer response times in requests through mobile applications, as well as a 15% increase in demand capacity in the business model.

“The value of working with Itera is to find the solution in a single partner. Our clients can find in us the quality, the services, the human team, as well as the understanding of the needs that arise from any of their requirements,” says Wilmer López, Solutions Architect at Itera.

Dedication and commitment to the financial sector

The experience we have acquired by supporting different financial institutions allows us to know very well the regulations and needs of the sector, components with which we promote the continuity of their business, the innovation of services and the optimization of their operating costs.

“Our clients can rest easy with us, because they are backed by the experience and knowledge we have about the financial sector. Not only at the infrastructure level, but we also help them understand their business projects and how we can transfer those ideas to the cloud to boost their profitability,” says Ana Osuna, Project Manager at Itera.

After going down this path with several success stories, being officially considered as specialists in AWS financial solutions means one more achievement as a result of the effort and dedication of our team of specialists. A value that is based on a clear understanding of the financial sector.

See you in the cloud!

In the face of technological advances, the change in the ways of interacting and the growing need for increasingly personalized customer experiences, the financial services industry faces the challenge of digitalization.

One of the key points in the digital transformation that will allow financial institutions to continue boosting their business lies in the proper management of the information they collect and this, of course, derived from a strategy designed according to their specific needs.

Adapting to change

Beyond the digitization of their processes and services, the financial institutions that will obtain the best results will be those that achieve a true business transformation that impacts the organizational culture, as well as their products and the way in which their services are more accessible and innovative.

That’s right: innovate to meet the needs of the market.

And, in that sense, legacy systems are not exactly the best option due to their monolithic and inflexible nature that makes them less and less efficient and more expensive.

Cloud Powers Innovation

Unlike traditional on-premise data centers, the cloud allows it to be scalable, have high availability and security, to which is added the ability to incorporate technologies such as Artificial Intelligence, Machine Learning or Internet of Things (IoT) in its digital offer.

This evolution leads financial institutions towards the visualization and predictive analysis of data, leading them to make better decisions that also give them the ability to interconnect information and processes to generate new solutions.

In short: to be Data Driven.

Analytics + Agility

The Amazon Web Services (AWS) platform that Itera puts at the service of financial institutions allows them to create innovative cloud solutions according to the specific requirements of each organization, providing them with data analytics capabilities to obtain information that is useful for the business.

To that end, Itera works with data warehouses using Amazon Redshift; consolidating the design and creation of data lakes with S3 Lake Formation; making it easy to extract, transform, and load data using Amazon Glue; enabling database replication using Amazon Relational Database Service (Amazon RDS); and simplifying both building and visualizing analytic dashboards with Amazon QuickSight.

These are just some of the services we have for your company that will help you transform your traditional data centers into a cloud infrastructure that generates efficiency, flexibility and improvement in time-to-market, as it allows you to develop products with greater agility.

As an AWS Advanced Partner in Ibero-America, at Itera we promote innovation and competitiveness through the support of our specialists with a loud-centric approach, guaranteeing the construction of tailor-made solutions that meet the business needs of financial institutions.

Contact one of our experts!

Robots are not necessarily as they are painted. In the case of Robotic Process Automation (RPA) we are talking about software that allows human beings to put aside monotonous tasks and whose vulnerability causes loss of time and money, even more so when making mistakes. That is to say that the RPA bots turn the complex and delicate into something simple, secure, and fast.

Imagine a tireless employee, who doesn’t complain, who doesn’t require breaks, who doesn’t get sick, who works non-stop and without making mistakes 24 hours a day, all week, all year round. That is a Software Robot, a virtual employee at our complete disposal and who follows specific rules.

However, when the finance and accounting area lacks automated processes, the risk is high because it is susceptible to human error. In such a scenario, resources and overtime are required to fully ensure that, for example, the supplier registration contains correct information.

To that extent, credit note reports are an inevitable nightmare. While the tasks of validating figures are inevitably synonymous with headaches. And, of course, the list goes on with the collection of transactions and other crucial data for the accounting close without considering the leaks of sensitive information.

But if we tell you why this should actually be a thing of the past? Since RPA software bots free you from repetitive and stressful tasks. Because with RPA technology you are one click away from consulting tax databases, fraud lists and delinquent customers.

The RPA effect on your organization is overwhelming. Why? Here are just five features of this fascinating universe of solutions:

• Automate activities based on clear and precise business rules.
• Minimizes the risks of human error.
• Increase the speed of response in your processes.
• It significantly benefits the processing of information and traceability of operations.

This is how RPA technology allows verifying and validating customer documentation that is submitted online, sending contracts and performing risk analysis. It is responsible for registering customers and suppliers, registering and generating invoices, pre-validating credits and even preparing reports on external portals. Its capabilities also include accounts payable automation and periodic monitoring of accounts receivable. It enables a world-class security and compliance environment by generating reports and insights.

With this kind of flow, the time for data processing is reduced from days to minutes. Ensuring regulatory compliance and the correctness of each component since it detects human error and fraudulent operations.

Security, speed and cost savings, that’s the effect that RPA causes. At Itera we lead your organization along the path of process optimization by increasing productivity in tasks that are no longer manual to be automated with this technology.